Government Policies and Private Housing Prices in Singapore

• Main Authors: PHANG, Sock Yong, WONG, Wing-Keung
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 1997
• Subjects: Housing policy; housing prices; private housing; Singapore; home ownership; Asian Studies; Economics; Real Estate
• Online Access: https://ink.library.smu.edu.sg/soe_research/118; https://doi.org/10.1080/0042098975268
• Institution: Singapore Management University

Regression models are used to show that interest rates, income growth rates and the supply of housing have not played a statistically significant role in the determination of private housing prices in Singapore between 1975 and 1994. Instead, private housing prices in Singapore were highly correlate...