IS428 2016-17 Term1 Assign1 Chua Shan Yong James

Abstract

Using REALIS data of Urban Redevelopment Authority (URA), Singapore, this project aims to identify patterns in the share of private properties supply in 2015 and distribution of the private properties prices in 2015. With reference to identifying the trends and patterns in terms of the supply and prices, policy recommendations will be provided for 2016.

Problem and Motivation

The problems this project will be addressing are:

1. Is there an oversupply in certain property types?
2. Are prices dropping due to the oversupply?

Motivations:
With numerous news on high-end condominiums sold at a significant losses, i would like to find out if supply of condominiums are particularly high as compared to other property types.

Tools Utilized

1. Microsoft Excel
2. Tableau
3. Microsoft Powerpoint

Results