Singapore home prices increased to a record in the third quarter, flash estimates published by the Urban Redevelopment Authority showed Monday.
House prices grew 0.5 percent from a quarter ago, following a 0.4 percent rise in the second quarter. The pace of change in prices varied across the different market segments.
Elsewhere, the Housing and Development Board said the resale price index climbed 2 percent sequentially in the third quarter.
House prices increased as government announced measures in September to discourage development of new dwellings, predominantly of "shoebox" units.
In a statement released on September 4, URA said the total number of dwelling units that can be built on a development site for non-landed private residential developments outside the Central Area will be capped.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.