Compare the Demand and Supply of Private Residential Properties

PropKaki's Private Residential Market Overview is a free dashboard, with no account needed, that shows Singapore private property price trends using official Urban Redevelopment Authority (URA) quarterly data. It plots the private residential Property Price Index and rental index, the vacancy rate, available and unsold stock, the supply pipeline, units launched and sold, and buyer and owner profiles — with history going back to 1975. It reflects URA's quarterly releases and adds no forecasts of its own.

The URA Property Price Index (PPI) is the Urban Redevelopment Authority's official measure of how transacted prices of private homes in Singapore move over time. URA publishes it quarterly, based at 1Q2009 equal to 100, so a reading of 200 means prices are roughly double their 2009 Q1 level, with a flash estimate near the start of a quarter and the full index later. PropKaki's Private Residential Market Overview shows the PPI for all private residential property and separately for landed and non-landed homes.

CCR, RCR and OCR are URA's three geographic market segments for private homes in Singapore. CCR is the Core Central Region, the prime central districts; RCR is the Rest of Central Region, the city fringe; and OCR is the Outside Central Region, the suburban mass-market areas. On PropKaki's Private Residential Market Overview you can view the non-landed price index, rental index, vacancy and stock for each of these three segments.

The private residential vacancy rate is the share of completed private homes in Singapore that are unoccupied, reported quarterly by URA. PropKaki's Private Residential Market Overview shows the vacancy rate over time for all non-landed homes and by CCR, RCR and OCR segment, so you can gauge whether completed supply is being absorbed. A rising vacancy rate signals softening rental demand or a wave of completions; a falling rate signals tightening.

PropKaki's Private Residential Market Overview shows the current unsold private housing stock and the supply pipeline from URA data rather than quoting a fixed number, since the figure is revised every quarter. The supply pipeline is the total number of private units planned or under construction and expected to enter the market in future; comparing it to the recent annual sales rate shows how many years of future supply the market is carrying. The dashboard tracks both the unsold-stock and pipeline series quarter by quarter.

Months of supply estimates how long the current unsold inventory of private homes in Singapore would take to clear at the recent pace of sales, calculated as unsold inventory divided by the average monthly sales rate. A lower figure points to a tighter market; a higher figure points to an inventory overhang. PropKaki's Private Residential Market Overview computes this from URA data and judges the latest reading against its own range over the past 20 years.

PropKaki's Private Residential Market Overview focuses on private residential property. Executive condominiums (ECs) — a public-private hybrid that URA reports — appear in several views, but the headline figures are for private residential property. HDB resale flats are a separate public-housing market covered by PropKaki's dedicated HDB Market Overview, which uses official HDB data, rather than here.