IS428 2016-17 Term1 Assign1 Zheng Xiye

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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. Singapore Private Property Supply.png

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.

In order to facilitate policy makers' decision making process, this study aims to identify both supply and pricing patterns of private properties across the entire Singapore. By doing so, policy makers will be having a 'touch and feel' on the landscape of real-estate market. Effectively identifying real-dangers and potential risks, policy makers will be empowered to structure preventive mitigation actions accordingly, which ensures the well-being of Singapore real-estate market.

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