Ethnic social network in public housing market in Singapore

• Main Authors: AGARWAL, Sumit, CHOI, Hyunsoo, HE, Jia, SING, Tien Foo
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2017
• Subjects: Social Interactions; Cultural Affinity; Ethnicity Quota; Public Housing; Cash-Over-Valuation (COV); Asian Studies; Finance and Financial Management; Real Estate
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/5385; https://ink.library.smu.edu.sg/context/lkcsb_research/article/6384/viewcontent/COV_28APR2017.pdf
• Institution: Singapore Management University

This paper investigates the ethnic social network in Singapore's resale public housing market using a unique dataset containing the Cash-Over-Valuation (COV) information for a sample of 73,107 resale public housing transactions from 2007 to 2012. We find that the COV per square meter (psm), whi...