Difference between revisions of "IS428 2016-17 Term1 Assign1 Albert Bingei"
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==Abstract== | ==Abstract== | ||
| + | <gallery> | ||
| + | File:Albert_bingei_ma1.jpg|Caption1 | ||
| + | </gallery> | ||
| + | The project aims to give a better understanding of the private residential property market in Singapore. Key takeaways of the prior research are that while the population is increasing, the supply of housing increase at a faster rate, making the prices fall in the short term for 2016 and consequently rise in the future. The key trends are that non-landed property supply in the central and northeast areas are increasing the fastest and that general house prices for both landed and non-landed will fall in 2016. The key recommendations will then broadly be centred on accelerated development of the non-landed properties in the East side of Singapore and raising prices of properties in the central area. | ||
==Problem and Motivation== | ==Problem and Motivation== | ||
| + | In short, the problem facing Singapore in 2016 is the issue of overcrowding and a mismatch of housing demand and supply. | ||
| + | This issue is relevant today | ||
| + | The main variables involved are the number of housing units supplied across all the types of private residential properties, | ||
| + | Key development questions include: | ||
| + | 1) what is the demand of the | ||
| + | 2) How much does the supply match the demand? | ||
| + | 3) | ||
| + | Thus the policy will be centered on solving these issues | ||
==Approaches== | ==Approaches== | ||
| + | |||
| + | To address the trends | ||
| + | |||
| + | We acknowledge that the REALIS data itself is not sufficient to justify the policies. Hence a topological map that includes the population numbers in the regions is displayed to enhance the | ||
==Tools Utilized== | ==Tools Utilized== | ||
| + | Tableau, Microsoft Excel and Microsoft Powerpoint are the key technologies used. Microsoft OneNote is also used for screen-grab of the external map graphic | ||
==Results== | ==Results== | ||
| + | |||
| + | After creating the infographic. The following key recommendations are: | ||
Revision as of 06:38, 29 August 2016
Abstract
Caption1
The project aims to give a better understanding of the private residential property market in Singapore. Key takeaways of the prior research are that while the population is increasing, the supply of housing increase at a faster rate, making the prices fall in the short term for 2016 and consequently rise in the future. The key trends are that non-landed property supply in the central and northeast areas are increasing the fastest and that general house prices for both landed and non-landed will fall in 2016. The key recommendations will then broadly be centred on accelerated development of the non-landed properties in the East side of Singapore and raising prices of properties in the central area.
Problem and Motivation
In short, the problem facing Singapore in 2016 is the issue of overcrowding and a mismatch of housing demand and supply. This issue is relevant today The main variables involved are the number of housing units supplied across all the types of private residential properties, Key development questions include: 1) what is the demand of the 2) How much does the supply match the demand? 3) Thus the policy will be centered on solving these issues
Approaches
To address the trends
We acknowledge that the REALIS data itself is not sufficient to justify the policies. Hence a topological map that includes the population numbers in the regions is displayed to enhance the
Tools Utilized
Tableau, Microsoft Excel and Microsoft Powerpoint are the key technologies used. Microsoft OneNote is also used for screen-grab of the external map graphic
Results
After creating the infographic. The following key recommendations are:
