Singapore public housing resale prices rise 9.6% ahead of 2025 poll

Faster inflation of affordable housing comes after government introduced new measures

20250102 Singapore public housing

Former public housing apartments on the fringe of the central business district in Singapore. © Reuters

SINGAPORE (Reuters) -- Resale public housing prices in Singapore, one of the world's most expensive cities, rose by 9.6% in 2024, according to preliminary government data released on Thursday.

Eight out of 10 of citizens live in public housing built and sold by the government, and housing affordability is a key issue alongside high living costs ahead of a general election in 2025.

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