Singapore Private Home Prices Since 1975: Every Cycle on One Chart

The full history

Non-landed private residential price index — full history

Q1 1975: 10.5 → Q2 2026: 210.6 — 20.1× over 206 quarters.

Marked on the chart: 1985 recession · 1997 Asian Financial Crisis · 2003 SARS · 2008 Global Financial Crisis · 2009 recovery + early cooling rounds · Dec 2011 ABSD introduced · Jun 2013 TDSR framework · 2018 ABSD hike · 2020 COVID-19 · Dec 2021 cooling measures · Apr 2023 ABSD 60% (foreigners).

Year-by-year table (1975–2026)

Year	Index (last quarter reported)
1975	11.5
1976	11.5
1977	11.5
1978	12.1
1979	15.8
1980	31.0
1981	40.0
1982	39.6
1983	39.6
1984	33.1
1985	28.5
1986	26.5
1987	31.4
1988	34.4
1989	39.4
1990	41.8
1991	47.7
1992	56.3
1993	68.5
1994	92.3
1995	105.5
1996	118.8
1997	102.9
1998	71.2
1999	95.1
2000	94.2
2001	82.7
2002	81.3
2003	79.9
2004	80.8
2005	84.4
2006	93.8
2007	124.4
2008	117.8
2009	118.4
2010	135.0
2011	141.2
2012	144.8
2013	147.6
2014	142.5
2015	137.4
2016	133.8
2017	135.6
2018	146.8
2019	149.6
2020	153.3
2021	168.4
2022	182.1
2023	194.2
2024	203.4
2025	208.1
2026	210.6

Source: URA Private Residential Property Price Index via data.gov.sg. Historical index, past-tense only — not a forecast. Base: 2009-Q1 = 100.

What the index read at each turning point

Q1 1975: index at 10.5. Q2 2026: index at 210.6 — a 20.1× move over 206 quarters (base 2009-Q1 = 100).
1985 recession — nearest print Q4 1985: index at 28.5.
1997 Asian Financial Crisis — nearest print Q3 1997: index at 106.2.
2003 SARS — nearest print Q1 2003: index at 80.6.
2008 Global Financial Crisis — nearest print Q3 2008: index at 125.8.
2009 recovery + early cooling rounds — nearest print Q4 2009: index at 118.4.
Dec 2011 ABSD introduced — nearest print Q4 2011: index at 141.2.
Jun 2013 TDSR framework — nearest print Q2 2013: index at 148.0.
2018 ABSD hike — nearest print Q3 2018: index at 146.1.
2020 COVID-19 — nearest print Q1 2020: index at 148.1.
Dec 2021 cooling measures — nearest print Q4 2021: index at 168.4.
Apr 2023 ABSD 60% (foreigners) — nearest print Q2 2023: index at 185.7.

The landed price index ran alongside it: 7.4 in Q1 1975 to 258.4 in Q2 2026.

Questions worth asking

What was Singapore's private property price index in 1975?

The URA non-landed private residential price index stood at 10.5 in Q1 1975 (base 2009-Q1 = 100).

How much has the private residential price index grown since records began?

From Q1 1975 (10.5) to Q2 2026 (210.6), a 20.1× move over 206 quarters — not a straight line; the chart above shows the individual cycles, including the falls.

General information only, not financial or legal advice, and not a forecast — figures are past-tense, sourced, and dated at build time. Verify me: search 9693 7787 on the CEA Public Register. If an advert for this property shows a different number, it is not me. Andrea Goh · PropNex Realty Pte Ltd (Licence No. L3008022J) · CEA R000289H · 9693 7787.