The Singapore residential property market
This report seeks to explain the demand factors that lead to the large increase in prices of private residential properties in 1993 and 1994. Next, the potential supply situation for the next few years is investigated. Following that, the impact of spiraling property prices on aspirations o...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/55584 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | This report seeks to explain the demand factors that lead to the large increase
in prices of private residential properties in 1993 and 1994. Next, the potential
supply situation for the next few years is investigated.
Following that, the impact of spiraling property prices on aspirations of most
young graduates to own a private property is examined. This is accomplished
through the construction of an affordability index. as a measurement of the ability of
young married graduates to purchase private homes after working for several years.
Finally, in the last chapter, various factors are analysed to forecast the future
direction of the private property market. |
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