Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/221818
DC FieldValue
dc.titleEFFECTS OF THE REMOVAL OF CASH-OVER-VALUATION ON RESALE TRANSACTION PRICE
dc.contributor.authorTEO JIA WEI TRINITY
dc.date.accessioned2015-07-31T06:23:13Z
dc.date.accessioned2022-04-22T17:49:17Z
dc.date.available2019-09-26T14:14:02Z
dc.date.available2022-04-22T17:49:17Z
dc.date.issued2015-07-31
dc.identifier.citationTEO JIA WEI TRINITY (2015-07-31). EFFECTS OF THE REMOVAL OF CASH-OVER-VALUATION ON RESALE TRANSACTION PRICE. ScholarBank@NUS Repository.
dc.identifier.urihttps://scholarbank.nus.edu.sg/handle/10635/221818
dc.description.abstractThe decision made by the government on the 10th March 2014 to remove Cash-Over- Valuation (COV) was an acknowledgement that COV has been playing a key factor in the instability of the housing market. In order to reduce speculation in the market, stricter legal regulations have been enforced, and more frequent updates on recent transaction prices have been made publicly available. This bold step forward was applauded by industry players as a well-timed implementation, although some were still apprehensive about the possible negative externalities that may come with it. The primary aim of this study is to investigate the effects of the removal of COV. The methodology, to test the research hypotheses, involved 4 regression models to test out the different variables involved. The dataset spanned from September 2012 to December 2014, with a total of 39,120 datasets, all retrieved from the HDB e-Service website publicly available. The findings showed that the removal of COV has a stronger and more positive impact on (1) Resale HDB houses in mature estates; (2) Older resale HDB Flats; and (3) Executive / Multi-generational HDB flat types (flats that had a higher price). This implies that the prices of the houses within these categories increased in relation to the prices of the others within the regression model, proving that properties with attributes that are more sought after are better able to withstand the fall in price after the removal of COV.
dc.language.isoen
dc.sourcehttps://lib.sde.nus.edu.sg/dspace/handle/sde/3177
dc.subjectReal Estate
dc.subjectRE
dc.subjectSing Tien Foo
dc.subject2014/2015 RE
dc.subjectCash-Over-Valuation
dc.typeDissertation
dc.contributor.departmentREAL ESTATE
dc.contributor.supervisorSING TIEN FOO
dc.description.degreeBachelor's
dc.description.degreeconferredBACHELOR OF SCIENCE (REAL ESTATE)
dc.embargo.terms2015-08-03
Appears in Collections:Bachelor's Theses

Show simple item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
Teo Jia Wei Trinity 2014-2015.pdf662.75 kBAdobe PDF

RESTRICTED

NoneLog In

Page view(s)

6
checked on Feb 2, 2023

Download(s)

2
checked on Feb 2, 2023

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.