Singapore, 03 Jul 2022 Resale price index for 2Q2022 increased by 2.6 percent q-o-q over 1Q2022, according to HDB's flash estimate. This is somewhat more than the q-o-q growth of 2.4% in the first quarter of 2022.
Christine Sun, OrangeTee & Tie senior vice president of research & analytics. “The continued price growth signifies buyer confidence from the reopening of the economy,” she motes. HDB towns in the Central area saw the most significant increase of 18%, y-o-y in 2Q2022. Ang Mo Kio and Serangoon towns led the way with median price growth of 17.5% and 14.2% y-o-y growth respectively in 2Q2022.