Abstract

Problem and Motivation

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1. Housing Ages in Singapore have 3 peaks:

2. Singapore is small island, but high demand for multiple room-type housing (4, 3 and 5 rooms)

3. Public Housing remains its shares among type of house and having recovering signal

An obvious contrast has been drawn out for 2 regions of Singapore housing: Services (central) and Industrial (industrial lands)

1. Central areas: leading price, high deviation (wide range) in pricing, but less small market

2. Industrial areas:below average price, less variation, and leading market share in terms of units