Difference between revisions of "Homviz Homies: Proposal Version 1"

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'''Problem'''
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In the recent years, housing prices have been on the rise making it difficult for Singaporeans to own a house. In the National Day Rally 2018, PM Mr. Lee Hsien Loong addressed to the issue of housing to Singaporean. He stated the importance of the 99-year lease of Home Ownership as compared to Singaporean renting a house. However, several older estates were built within short periods such as Marine Parade, Ang Mo Kio and Bedok when their 99-year lease has expired they will all expire at the same time and the flats will be returned to the state. The government has also been progressively taking back flats over the years for redevelopment.
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'''Motivation'''
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There is a need to relocate residents for redevelopment such as getting another flat to live in. In response to growing demand for housing, there is a need to analyze housing supply and housing prices to gain insights on how much is enough supply of housing and how much is enough payback price for citizens to afford a new housing.
  
 
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In this project, we are interested to create a visualization that helps analysts perform the following:
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# Identify the lease term of the HDB and highlight those that are going to reach their due year.
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# Identify the number of units and the number of households in the HDB that will be affected by the relocation
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# Identify the buyback price that will enable affected households to have enough lump sum to buy a new house after buyback
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# Identify how much housing should be supplied based on the household’s affected by buyback
  
 
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Revision as of 12:44, 28 September 2018

LOGO INPUT HERE


Proposal Version 1


PROBLEM & MOTIVATION

Problem In the recent years, housing prices have been on the rise making it difficult for Singaporeans to own a house. In the National Day Rally 2018, PM Mr. Lee Hsien Loong addressed to the issue of housing to Singaporean. He stated the importance of the 99-year lease of Home Ownership as compared to Singaporean renting a house. However, several older estates were built within short periods such as Marine Parade, Ang Mo Kio and Bedok when their 99-year lease has expired they will all expire at the same time and the flats will be returned to the state. The government has also been progressively taking back flats over the years for redevelopment.

Motivation There is a need to relocate residents for redevelopment such as getting another flat to live in. In response to growing demand for housing, there is a need to analyze housing supply and housing prices to gain insights on how much is enough supply of housing and how much is enough payback price for citizens to afford a new housing.


OBJECTIVES

In this project, we are interested to create a visualization that helps analysts perform the following:

  1. Identify the lease term of the HDB and highlight those that are going to reach their due year.
  2. Identify the number of units and the number of households in the HDB that will be affected by the relocation
  3. Identify the buyback price that will enable affected households to have enough lump sum to buy a new house after buyback
  4. Identify how much housing should be supplied based on the household’s affected by buyback


SELECTED DATASET
  • Challenge 1
  • Challenge 2


BACKGROUND SURVEY OF RELATED WORKS
  • Challenge 1
  • Challenge 2


PROPOSED STORYBOARD

Our group has proposed the following storyboard to assist analysts in the use of our visual application:

  • Challenge 1
  • Challenge 2


ADDRESSING KEY TECHNICAL CHALLENGES

The following are some of the key technical challenges that we may face throughout the course of the project:

  • Challenge 1
  • Challenge 2


PROJECT TIMELINE

The following shows our project timeline for the completion of this project:

  • Insert Timeline Here


TOOLS/TECHNOLOGIES

The following are some of the tools/technologies that we will be utilizing during the project:

  • D3.js
  • Program 1
  • Program 2


REFERENCES
  • Point 1
  • Point 2
  • Point 3


OUR BRAINSTORMING SESSIONS

The following are some of the proposed storyboard that we designed during our brainstorming sessions:

  • Image 1
  • Image 2
  • Image 3


COMMENTS

Feel free to comment on our project

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