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Keywords: Real Estate
Issue Date: 4-Jan-2010
Citation: LEO HEE MENG, KELVIN (2010-01-04T03:56:56Z). STUDENT ACCOMMODATION IN SINGAPORE. ScholarBank@NUS Repository.
Abstract: To develop Singapore as a global education hub, the government has envisaged attracting at least 150,000 international students by 2015 from the current numbers of 86,000. With the impending surge of foreign students studying in Singapore, problem associated with the lack of housing for foreign students have prompted us to look into the student accommodation market and eventually the student hostel sector. The student hostel sector also faces an additional source of demand from the local tertiary students as they also hope to experience hostel-life during their pursuing of higher education. The key objective of this dissertation is to investigate both foreign and local students’ preferences and concerns towards staying in a student hostel by conducting a survey on 300 students. Principal Component Analysis (PCA) and One-way ANOVA are the two statistical tests used to analyse the survey responses where they are critical in measuring and explaining the students’ need and expectations in a more insightful manner. Based on the survey findings, “privacy” was the most important concern for the students surveyed, followed by “communication connectivity” and “level of security” respectively. Students above 30 years old indicate that purchasing or renting an apartment is a better option than to stay in a hostel. As for rents, the most acceptable monthly rental to the majority of the respondents range between S$250 and S$350.
Appears in Collections:Bachelor's Theses

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