IS428 2016-17 Term1 Assign1 Zheng Xiye
Revision as of 23:28, 28 August 2016 by Xiye.zheng.2013 (talk | contribs)
Contents
Abstract
Problem & Motivation
With limited amount of land available for construction and high demand for private properties, Singapore has always been a 'low-hanging fruit' for real-estate players to gain substantial benefits from constructing and selling excessive number of private properties.
By referring to Morgan Stanley Research on Singapore Residential Supply, private properties supply reached its peak around millennium, decreased to historical minimum around 2008 Global Economic Crisis and re-bounced to around 40K units in 2014. The rapidly inflating real-estate market flashed 'red-light' upon Singapore government, urging policy makers to structure regulating measures in preventing the 'real-estate bubble' from bursting.
