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Title: Determining Housing Cycle Phases in the Public Housing Market.
Authors: Attiya Bte Ashraf Ali
Issue Date: 6-Nov-2017
Citation: Attiya Bte Ashraf Ali (2017-11-06). Determining Housing Cycle Phases in the Public Housing Market.. ScholarBank@NUS Repository.
Abstract: There has been much debate about the relaxation of cooling measures imposed due to a significant price surge in the public housing resale market from 2009 to 2013. This paper aims to provide a possible solution to this debate through the construction of a probability model, which provides a quantitative measure of the market being in unique states at various time periods. Through maximum likelihood estimation, the model constitutes two unique states, one of which represents extreme changes in resale price and high volume of sales, while the other represents moderate changes in resale price and low volume of sales.
Appears in Collections:Bachelor's Theses

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