IS428 2016-17 Term1 Assign1 Au Loong Zer Kirby

Abstract

The Singapore Government introduced several property cooling measures between 2012 and 2013 to prevent an uncontrolled property bubble. The measures have worked to good effect, resulting in a sustained fall in property prices since its implementation. Some developers have called for the cooling measures to be relaxed but is it too early to do so? We attempt to find an answer by analyzing the price and supply of private residential properties in 2015.