Looking at the fourth quarter data, the overall private home price index was 188.6 in the fourth quarter of last year, 0.4 per cent higher than the 187.8 in the third quarter.

Prices in the Other Central Region (RCR), representing mid-range private housing, rose the most, by 3.1 per cent in the fourth quarter of last year.

Prices in the Core Central Region (CCR), representing upmarket private housing, rose by 0.7 per cent.

Prices for private housing in the Outlying Central Region (OCR), which represents the mass market, fell by 2.6 per cent.

Overall, non-landed private property prices rose by 0.3 per cent in the fourth quarter of last year, down from 4.4 per cent in the previous quarter, and by 8.1 per cent for the year as a whole.

Private landed property prices rose by 0.6 per cent in the fourth quarter of last year, down from 1.6 per cent in the previous quarter, and by 9.6 per cent for the year.

Let's look at the price trend of HDB flats.

According to the HDB's fourth quarter 2022 data released on Friday (January 27), overall HDB resale prices rose for the 11th consecutive quarter, up 2.3 per cent in the fourth quarter last year from a year earlier, but the smallest increase in the past year due to cooling measures and high interest rates.

For the year as a whole, HDB resale prices rose by 10.4 per cent, a smaller increase than the 12.7 per cent increase in the previous year.

There were 27,896 resale transactions of HDB flats in 2022, a 10.1 per cent drop in the number of transactions for the year compared to 30,1017 transactions in 2021.