The Singapore residential property market

• Main Authors: Ang, Kwang Hwee, Fung, James Hwee Ling, Tan, Eric Soo Phay
• Other Authors: Nanyang Business School
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/55584
• Institution: Nanyang Technological University

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.