URA pulls foreigner home buying price data, leaving gaps in market overview

Singapore

A RECENT overhaul of the Urban Redevelopment Authority (URA) platform providing data on the Singapore property market has also stripped out certain pricing data on foreign buying, leaving gaps on how such transactions are shaping a robust property market.

The URA in October launched an enhanced version of its subscription-based Real Estate Information System (Realis). With it, however, came the removal of a function to analyse caveats by nationality for any given period against price range or against unit price range. Realis still allows for transactions by nationality to be measured against other variables, such as postal district and tenure of land.