Singapore - Residential Housing Starts

Singapore: Residential Housing Starts

Mnemonic HSTR.ISGP
Unit # of units, NSA
Adjustments Not Seasonally Adjusted
Quarterly 51.05 %
Data 2020 Q1 2,113
2019 Q4 4,317

Series Information

Source Singapore Department of Statistics (DOS)
Release Housing starts and completions - details
Frequency Quarterly
Start Date 3/31/1996
End Date 3/31/2020

Singapore: Real Estate

Reference Last Previous Units Frequency
House Price Index 2022 Q4 188.6 187.8 Index 2009Q1=100, NSA Quarterly
Vacancy 2022 Q4 21,647 21,898 # EOP, NSA Quarterly
Building Permits 2020 Q1 1,997 2,767 # of units, NSA Quarterly
Residential Building Completions 2020 Q1 1,528 2,298 # of units, NSA Quarterly
Residential Building Permits 2020 Q1 1,827 2,151 # of units, NSA Quarterly
Residential Housing Starts 2020 Q1 2,113 4,317 # of units, NSA Quarterly

Release Information

The Singapore Department of Statistics publishes the Approval, Construction Commencement and Completion of Commerical and Industrial Developments (Private and Public Sectors) data quarterly.  The dataset covers the construction of new buildings only.  Excluded indicators include: addition/alteration to existing buildings, temporary structures, minor works, and reconstruction of residential houses.

It also publishes residential stage of construction.

Commercial properties (non-residential):

  • Ultimate agencies: JTC, URA
  • Source table: M400711 "Approval, Construction Commencement And Completion Of Commercial And Industrial Developments (Private And Public Sectors), Quarterly"
  • Measurement: Thousands of square meters (Ths. m2)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Date range: 1998Q1 or 2011Q1, to as late as 2020Q1

Private residential properties:

  • Ultimate agency: URA
  • Measurement: Unitary count (#)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Date range: Uniformly 1996Q1 to 2020Q1

The data are published by the Singapore Department of Statistics (DOS a.k.a. SingStat) and are extracted from two sources. The Urban Redeveloplment Authority (URA) provides the statistics on Provisional Permissions and Written Permissions. The JTC Corporation (JTC) provides the statistics on Building Plan approvals, Notices of Commencement, and Temporary Occupation Permits or Certificates of Statutory Completion.


  1. Provisional permission
  2. Written permission
  3. Building plan approval
  4. Commencement (construction start)
  5. Completion

Commercial types/purposes:

  • Private residential
  • Office
  • Retail
  • Factory
  • Warehouse

Moody's Analytics supplements

We compute a seasonally adjusted version of the residential completions count.

Further reading


At JTC (f.k.a. Jurong Town Corporation):

At Urban Redevelopment Authority (URA):

At Building and Construction Authority (BCA):