Source: URA, SingStat

Last Update: 3Q2021

Key Observations

  1. Rate of income growth has outpaced both HDB and Private Non Landed prices since 2010.
  2. The introduction of the Total Debt Servicing Ratio (TDSR) resulted in negative growth for both residential sectors.
  3. Jul’18 Cooling Measures was only a temporary brake, with prices shooting up again in recent quarters, especially for the HDB sector. Hence, resulting in cooling measures in Dec 2021.