In this paper, we attempted to model dynamic movement in prices, borrowing an earlier model on the US market, using both fundamental variables as prescribed by general urban economic theories as well as expectations modeled as dynamic adjustments. The dynamic component performed well as expected, accounting for 60% of property price change, thus providing empirical evidence of the role of expectations and bubbles in the local property market
We introduce heterogeneous expectations in a standard housing market model linking housing rental le...
The property market in S'pore, especially the residential sector, has turned in a sterling performa...
In recent years, real estate bubbles have been commonplace in housing markets all over the world. Th...
In this paper, we attempted to model dynamic movement in prices, borrowing an earlier model on the U...
This study explores the short-run predictability of, and the risks facing investors in, Singapore's ...
The unique characteristic of Singapore’s property scene is portrayed by the coexistence of a dominan...
In this report, we compare fundamental and actual housing prices in Singapore for a period of 22 yea...
In view of the serious fluctuations in property prices in Singapore, our paper attempts to model the...
Expectations are central to real-estate price formation, making speculative bubbles an inherent feat...
98 p.Over the past few years, the property market in Singapore has been growing by leaps and bounds....
It is known that contagion from housing markets crashes can cause large financial catastrophes such ...
<div><p>The housing prices in many Asian cities have grown rapidly since mid-2000s, leading to many ...
This paper seeks to first given an overview of the Singapore property market with detailed qualitati...
This paper uses an econometric approach to examine the relationship between real ( ex post) and rati...
The housing market has always played a critical role in the country's economy and continues to be a ...
We introduce heterogeneous expectations in a standard housing market model linking housing rental le...
The property market in S'pore, especially the residential sector, has turned in a sterling performa...
In recent years, real estate bubbles have been commonplace in housing markets all over the world. Th...
In this paper, we attempted to model dynamic movement in prices, borrowing an earlier model on the U...
This study explores the short-run predictability of, and the risks facing investors in, Singapore's ...
The unique characteristic of Singapore’s property scene is portrayed by the coexistence of a dominan...
In this report, we compare fundamental and actual housing prices in Singapore for a period of 22 yea...
In view of the serious fluctuations in property prices in Singapore, our paper attempts to model the...
Expectations are central to real-estate price formation, making speculative bubbles an inherent feat...
98 p.Over the past few years, the property market in Singapore has been growing by leaps and bounds....
It is known that contagion from housing markets crashes can cause large financial catastrophes such ...
<div><p>The housing prices in many Asian cities have grown rapidly since mid-2000s, leading to many ...
This paper seeks to first given an overview of the Singapore property market with detailed qualitati...
This paper uses an econometric approach to examine the relationship between real ( ex post) and rati...
The housing market has always played a critical role in the country's economy and continues to be a ...
We introduce heterogeneous expectations in a standard housing market model linking housing rental le...
The property market in S'pore, especially the residential sector, has turned in a sterling performa...
In recent years, real estate bubbles have been commonplace in housing markets all over the world. Th...