IS428 2016-17 Term1 Assign1 Nguyen Duy Loc

Abstract

The market of private properties in 2015 continued to show decline further in term of supply and prices. Would this trend go further into 2016?

The prices on the market is usually determined by supply and demand. From this analysis, we will see how the supply react to the decreasing demand and how responsive is this industry to the market forces.

Problem and Motivation

What are the three patterns of the share of the private properties supply in 2015?

What are the three patterns of the distribution of the private properties prices in 2015?

With reference to the findings, what policy should we implement for 2016.

Approaches

Data Preparation

The data is collected from REALIS by quarter:

- The residential projects data quarter by quarter of 2015

- The residential transactions data monthly of 2015.

Tools Utilized

Tablue 10

QGIS

Results

As seen below, the majority of the of the units supply come from condominium category, followed secondly by apartments.

However, this dominant category is dropping in term of supply. Clearly, the supply is following the decreasing demand trend for condominiums.

Among the residentials units supplied in 2015, some are planned, some are under-construction and some are complete.

To clearly see the trend in demand, we look at how many units are launched during 2015 but unsold. Even though the trend in the number of units is downward, the number of units unsold is upward.