Singapore Property Index

Monthly composite price index for Singapore residential property — private, HDB, and landed.

As of April 2026 · Base: February 2021 = 100

138.0
Composite SPI
-3.31% MoM · +6.16% YoY
135.1
Private SPI
-5.11% MoM · +6.42% YoY
139.8
HDB SPI
-0.54% MoM · -1.28% YoY
185.2
Landed SPI
+15.04% MoM

SPI history

Toggle the segment lines below the chart. Use the 1Y/3Y/5Y/All chips to change the period.

Anchored against official indices

SPI-HDB tracks within 30.74% of the official HDB Resale Price Index over the last 4 quarters.

Explore by segment

Private SPI

CCR / RCR / OCR sub-indices for private condo and EC sales.
HDB SPI

Monthly HDB resale composite, town × flat-type stratified.
Landed SPI

Detached, semi-detached and terrace sub-indices.

Past reports

View all reports

Embed the SPI

Use the snippet below to embed the SPI chart on your own site. Cookie-less, lightweight, attribution required.

Iframe (full chart)

<iframe src="https://shioknest.com/property-index/embed?segment=composite&period=5y" width="600" height="400" frameborder="0"></iframe>

Inline JS badge (lightweight)

<script src="https://shioknest.com/dist/widget/spi.min.js" data-spi-segment="composite"></script>

SVG badge (hot-linkable image)

<a href="https://shioknest.com/property-index"><img src="https://shioknest.com/api/spi/badge.svg?segment=composite" alt="ShiokNest SPI"></a>

SPI API & data downloads · CSV · PNG snapshot · SVG badge

Frequently asked questions

What is the ShiokNest Property Index?

The SPI is a monthly composite price index for Singapore residential property — private condos, HDB resale flats, and landed houses combined. It is rebased to January 2020 = 100 and updated on the 15th of each month.

How is the SPI calculated?

Stratified volume-weighted median PSF: for each segment we compute medians per stratum cell, normalize against the base period, and combine using fixed annual Laspeyres weights frozen as "weight vintages". Read the full methodology →

How does the SPI differ from URA PPPI and HDB RPI?

The official URA and HDB indices are quarterly. The SPI publishes monthly, complementing the official series with a higher-cadence read. We anchor against both indices and publish drift transparency on each segment page.

When is the SPI updated?

On the 15th of every calendar month, covering the prior month's transactions. The publication day is fixed to give analysts a predictable release cadence.