The island city posted a remarkable price growth on a yearly basis of 21.05% for the 12 months ended June. It is a 6.08% increase over the previous year.

In fact, the entire Asia-Pacific region is enjoying a booming year in real estate performance from Australia to Kuala Lumpur. Like others, Singapore has walked out of a prolonged housing slump after the economy staged a spectacular recovery. However, instead of a gradual growth, property price soared in Singapore.

The only exception in the region is Thailand, which saw property prices dip by 3.47% due to a lot of political uncertainties. (3 Oct)