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Author: Belinda K. P. Yuen
Publisher: NUS Press
ISBN: 9789810414252
Category : Housing
Languages : en
Pages : 160
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Book Description
Singapore housing has often been held up as a success story, especially the development of its public housing. This book aims to document the research and publication on this aspect of Singapore's development. Covering the periods prior to and after 1960, the annotated bibliography brings together in one volume both published and unpublished works.
Author: Belinda K. P. Yuen
Publisher: NUS Press
ISBN: 9789810414252
Category : Housing
Languages : en
Pages : 160
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Book Description
Singapore housing has often been held up as a success story, especially the development of its public housing. This book aims to document the research and publication on this aspect of Singapore's development. Covering the periods prior to and after 1960, the annotated bibliography brings together in one volume both published and unpublished works.
Author: Kim Hin / David Ho
Publisher: Partridge Publishing Singapore
ISBN: 1543762492
Category : Reference
Languages : en
Pages : 176
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Book Description
Chapter 1 takes a close look at a unique and state-of-the-art dynamic, structural public housing macroeconomic model (DSPHM), based on an open economy for several key macroeconomic variables, actual and expected, as well as the demand for new HDB flats sold. This Chapter readily adopts the DSPHM for simulating two scenarios, namely a “no change” first scenario and a public housing “deregulation” second scenario. Chapter 2 explores the relationship between several economic factors and the demand for public housing in Singapore and Hong Kong, deploying the innovative and versatile system dynamics model, to shed better understanding on the policy implications of assisted ownership housing. The Chapter assesses the demand for new flats of the Singapore and Hong Kong economies, under certain macroeconomic policy changes, suitable for their unique situations. Chapter 3 is concerned with the underlying structural relationships that affect Singapore’s public housing policy to potentially privatize the HDB concessionary-rate mortgages for HDB homebuyers. Such a potential privatization infuses and sustains price competitiveness among the domestic private banks in Singapore, and lead to improved efficiency among them as well as the Singapore economy at large. Chapter 4 is concerned with the binomial option-pricing model, proposed by Cox, Ross and Rubinstein (1979), which is appropriate to represent the movement of the underlying HDB resale flat prices, subject to private market forces in HDB’s large scale public housing secondary resale market. The HDB Main Upgrading Program (MUP) is a heavily subsidized and highly targeted public housing policy. Since its inception in 1992, the HDB has budgeted some S$3 billion to finance the MUP policy. Chapter 5 recognizes housing affordability to be always an issue of concern to many Singaporean homebuyers because shelter forms one of the basic life necessities. The corresponding private residential market in Singapore offers quality and premium private residential accommodation for homebuyers, who prefer the private residential market. The appropriate affordability model is a multi-factor housing affordability index (HAI) model, which considers the ability to provide down payment and to service the mortgage taken up. Lastly, Chapter 6 offers the book’s conclusion.
Author: Beng-Huat Chua
Publisher: Routledge
ISBN: 1134705980
Category : Political Science
Languages : en
Pages : 195
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Book Description
Singapore's successful public housing programme is a source of political legitimacy for the ruling People's Action Party. Beng-Huat Chua accounts for the success of public housing in Singapore and draws out lessons for other nations. Housing in Singapore, he explains in this incisive analysis, is seen neither as a consumer good (as in the US) nor as a social right (as in the social democracies of Europe). The author goes on to look at the ways in which Singapore's planners have dealt with the problems of creating communities in a modern urban environment. He concludes that the success of the public housing programme has done much for Singapore.
Author: Ngee Huat Seek
Publisher: World Scientific
ISBN: 9814689270
Category : Business & Economics
Languages : en
Pages : 300
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Book Description
"Singapore's Real Estate: 50 Years of Transformation documents the transformation and development of the real estate market in Singapore over the past 50 years. This volume is organised around two major themes, and covers issues from the "bricks and mortar" to the capital markets; and from local to international real estate markets. The themes aptly describe how real estate has played an important role in the economic development and growth of Singapore from a third world to a first world country. Written by well-renowned experts with deep academic and practical knowledge of the progress of real estate in Singapore, this book highlights the uniqueness of real estate markets and institutions in Singapore, which have constantly been replicated and adopted in other markets."--Provided by publisher
Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1484312856
Category : Business & Economics
Languages : en
Pages : 67
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Book Description
This paper outlines that the banking sector remains healthy, backed by high capital, liquidity, provisioning and profitability ratios. Sector-wide nonperforming loans (NPLs) have increased slightly (to 2 percent in 2017:Q1), due largely to stresses in the Oil and Gas (O&G) services sector. Banks have responded by increasing provisions (using forward-looking measures of impairment) and restructuring their loans. Overall, the banking sector is well-positioned to withstand shocks. Capital and liquidity positions are sufficiently strong and well above regulatory requirements. Capital and liquidity positions of the local banking groups remain strong. Liquidity coverage ratios (LCR) of all three major banks remained high and rose in 2016:Q4, remaining well above the regulatory limits. The turnaround in bank’s profitability (especially the strong performance in 2017:Q1) is attributed to two factors: an acceleration in credit growth and increases in fee income from wealth management services. Local banks have been a key factor behind the wealth management sector’s growth and its main beneficiary.
Author: Sock-Yong Phang
Publisher: Springer
ISBN: 3319753495
Category : Business & Economics
Languages : en
Pages : 229
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Book Description
Global cities today are facing fundamental challenges in relation to unaffordable housing and growing economic inequality. Singapore’s success in making homeownership possible for 90% of its population has attracted much attention internationally. This book represents a culmination of research by the author on key housing policy innovations for affordable housing. Housing policy changes were effected in the 1960s through reforms of colonial legislation and institutions dealing with state land acquisition, public housing, and provident fund savings. The comprehensive housing framework that was established enabled the massive resettlement of households from shophouses, slums and villages to high-rise government-built flats. In the 1980s and 1990s, housing market and land use regulations were amended in response to the changing needs of a growing economy. Housing policies have also been utilised to curb housing speculation, build racially inclusive communities, and reduce wealth inequality. More recently, an ageing population of homeowners has necessitated focus on policies for housing equity extraction. This landmark title is of relevance to all developing economies exploring alternative systems of affordable housing.
Author: Linda Y. C. LIM
Publisher: World Scientific
ISBN: 9814723479
Category : Political Science
Languages : en
Pages : 333
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Book Description
"Singapore is known internationally for its successful economic development. Key to its economic successes is a variety of policies put into place over the past 50 years since its independence. Singapore's Economic Development: Retrospection and Reflections provides a retrospective analysis of independent Singapore's economic development, from the perspective of different policy domains each considered by different expert scholars in that particular field. The book is written by academic economists in a style that is accessible to non-experts. Each chapter includes reviews of past scholarship, current data on each policy area, and reflections on required or desirable future policy changes and outcomes"--
Author: S Vasoo
Publisher: World Scientific
ISBN: 9813239778
Category : Business & Economics
Languages : en
Pages : 226
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Book Description
Singapore's progress as an independent nation and the uplifting of its people's livelihood have been made possible by stable social and political conditions. A more important factor in driving these positive changes lies with people-centric leadership. One can contrast the case of Singapore with societies led by self-serving leaders whose lack of honesty and integrity brings about immense social and economic hardships to various communities. When people suffer under undesirable circumstances, they often migrate to seek better future for themselves and their families.This book reveals how Singapore's governance grounded on the principle of asset building facilitates the country's growth and development. Policies being discussed in this volume include multi-culturalism, accessible housing, social mobility for low-income families, water resource management, and national conscription.Highly relevant for students, policy makers and the general public interested in socio-political and economic development issues, this unique piece of work not only gives readers a documentary account of what has been undertaken to empower and assist citizens in the last 50 years or so, but also prompts them to reflect on Singapore's future trajectory.Related Link(s)
Author: David Ley
Publisher: John Wiley & Sons
ISBN: 1119853591
Category : Housing
Languages : en
Pages : 341
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Book Description
Author: Faizal bin Yahya
Publisher: Routledge
ISBN: 1134084595
Category : Political Science
Languages : en
Pages : 351
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Book Description
Asian interregional economic cooperation has assumed greater prominence with the rise of Asia‘s two giant economies of China and India. The economic liberalization of China‘s economy in 1979, followed by India in 1991, signalled the presence of business opportunities to foreign investors - including those from Asia. This book examines the growing e
