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Provide the graph of Singapore property price index together with the cooling measures.

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To provide a comprehensive overview of the Singapore property price index along with the cooling measures, here is a summary of the key points:

Private Property Price Index

  • In the 4th quarter of 2024, private property prices climbed 2.3%, marking the fastest quarterly price growth since the 2.8% rise in Q4 2023. For the full year, prices were up 3.9%.
  • However, in the 3rd quarter of 2024, private home prices dropped 0.7% quarter-on-quarter, following four consecutive quarters of growth.

HDB Resale Price Index

  • HDB resale prices continued to rise, increasing by 2.7% quarter-on-quarter in the 3rd quarter of 2024, marking the 18th consecutive quarter of price growth.

Cooling Measures

As of the latest updates, there have been no new cooling measures announced for 2024 or 2025. However, market analysts and experts are speculating about the possibility of additional cooling measures to manage the property market, especially if prices continue to rise or show signs of overheating.

Graphical Representation

While I cannot display actual graphs here, you can visualize the data as follows:

- Private Property Price Index:
- Q4 2023: 2.8% increase
- Q3 2024: 0.7% decrease
- Q4 2024: 2.3% increase
- HDB Resale Price Index:
- Continuous increase over 18 quarters, with a 2.7% increase in Q3 2024.
For a detailed graphical representation, you can use historical data from EdgeProp Singapore's market trends and analytics tools to plot the price indices over time.

Cooling Measures Timeline

  • Previous Cooling Measures: Typically include policies such as Additional Buyer's Stamp Duty (ABSD), Total Debt Servicing Ratio (TDSR), and loan-to-value (LTV) limits.
  • Current Status: No new cooling measures have been announced as of the latest updates.
To stay updated on the latest property price indices and any new cooling measures, you can regularly check EdgeProp Singapore's property news and market trends sections.
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