Q1 2021 recorded a +3.84% increase in the PropertyGuru Property Market Index (PMI Q2 2021) to 117.8 points. The PropertyGuru Property Supply Index (PPSI) also saw a 14.0% or 19-point decline.
Singapore property prices have risen for the fourth consecutive quarter, sparking rumours of looming cooling measures. The PropertyGuru Singapore Property Market Index Q2 2021 (PMI Q2 2021) recorded a 3.84% increase from 113.5 to 117.8 points.