| Latest value
||Department of Statistics Singapore
The data series span the period from Q2 1993 to Q2 2022.
During that time, the average value for Singapore was
9786 building permits with a minumum of 1370 building permits
in Q3 2021 and a maximum of 21147 building permits in Q3 2008.
The latest number is 2047, a change of 28.34% from the previous data point of
1595 building permits and a change of -33.04% from a year ago when the level was
3057 building permits.
The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown.
See more information about that indicator on our Building permits page
Longer historical series
* indicates monthly or quarterly data series
Measure: building permits
Source: Department of Statistics Singapore
Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.