Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/192050
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dc.titleTHE EFFECT OF GOVERNMENT-SUBSIDISED HOME UPGRADING PROGRAMME ON HOUSING DEVELOPMENT BOARD (HDB) RESALE PRICES IN SINGAPORE
dc.contributor.authorNG YONG SHENG
dc.date.accessioned2021-06-14T09:11:03Z
dc.date.available2021-06-14T09:11:03Z
dc.date.issued2021-04-05
dc.identifier.citationNG YONG SHENG (2021-04-05). THE EFFECT OF GOVERNMENT-SUBSIDISED HOME UPGRADING PROGRAMME ON HOUSING DEVELOPMENT BOARD (HDB) RESALE PRICES IN SINGAPORE. ScholarBank@NUS Repository.
dc.identifier.urihttps://scholarbank.nus.edu.sg/handle/10635/192050
dc.description.abstractPublic housing houses the majority of Singapore’s resident population and the government has committed to improving and maintaining its quality throughout its 99-years leasehold. The first upgrade programme, the Main Upgrading Programme (MUP) was introduced in 1989 and later replaced by the Home Improvement Programme (HIP) in 2007. Previous studies have found the MUP to be successful in enhancing the value of resale flats, thereby meeting one of its policy objectives. However, there has not been other studies that investigate the effects of the HIP, to the best of our knowledge. Hence, this paper adopts a difference-in-differences approach using resale flat transaction data to investigate the heterogeneous effects of the MUP and HIP on different flats of different types and ages. The results of this research suggest that the HIP generates a price premium for lower-income households and older flats but not for higher-income households.
dc.subjectupgrade
dc.subjectHIP
dc.subjectMUP
dc.subjecthousing
dc.subjectprice
dc.subjectage
dc.typeThesis
dc.contributor.departmentECONOMICS
dc.contributor.supervisorLIU HAOMING
dc.description.degreeBachelor's
dc.description.degreeconferredBachelor of Social Sciences (Honours)
Appears in Collections:Bachelor's Theses

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