EFFECTS OF OPENING OF THE CIRCLE MRT LINE ON HOUSING VALUES IN SINGAPORE
This thesis aims to study how the opening of new Mass Rapid Transit (MRT) stations on the Circle Line affects private property prices in Singapore. Broadly, it will seek to address two research questions defined below: 1) How are the overall property prices affected in different regions with the...
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| Format: | Dissertation |
| Language: | English |
| Published: |
2013
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| Online Access: | https://scholarbank.nus.edu.sg/handle/10635/221905 |
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| Institution: | National University of Singapore |
| Language: | English |
| Summary: | This thesis aims to study how the opening of new Mass Rapid Transit (MRT) stations on the Circle Line affects private property prices in Singapore. Broadly, it will seek to address two research questions defined below:
1) How are the overall property prices affected in different regions with the opening of the new MRT line and whether the opening of the new line has an indirect effect on private properties not located close to the stations?
2) What are the accompanying premiums for private properties located close to the Circle Line stations? |
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