# data[].attributes.body
http://business.asiaone.com/property/news/have-property-prices-fallen-enough-make-homes-affordable

# data[].attributes.body
explain the concept
elaborate on article
analysis
link

# data[].attributes.body
1. MARKET EQUILIBRIUM
-using the first 3 article
2. EXPLAIN concept with reference to the articles
3. MONOPOLY
-find another articles on monopoly
4. EXPLAIN concept with reference to the article
5. PRICE ELASTICITY
-find another articles on elasticity
6. EXPLAIN concept with reference to article
7.

# data[].attributes.headline
Key point for rise of BTO flats article by Marcus

# data[].attributes.subject
Key point for rise of BTO flats article by Marcus

# data[].attributes.body
-there is an increase of BTO flat supply due to the surge of demand of Singaporeans on BTO units.
-there is a supply of 18,000 units now , which is 3,000 units more compared to the past year figure of 15,000
-this surge of demand is brought about by the recent changes in housing policies , such as enhanced grants and increased income ceilings for new flats
- this changes in housing policies have allowed more people to qualify for BTO units
-as the supply increases for BTO houses , it helps to balance out the increase in demand for BTO houses and thereby , allow market equilibrium in the context of BTO housing
-this can be seen by a quotation by Mr Lawrence Wong from the article stating that "BTO application rate for first-timer families (applying for 3-room and bigger flats in non-mature estates) has stabilised to about 1.6 times. This means that most of these families would have been able to book their flats in their first attempt,"

# data[].attributes.headline
HDB to raise BTO flat supply to 18,000 units next year to meet higher demand

# data[].attributes.subject
HDB to raise BTO flat supply to 18,000 units next year to meet higher demand

# data[].attributes.body
http://www.straitstimes.com/singapore/housing/hdb-to-raise-bto-flat-supply-to-18000-units-next-year-to-meet-higher-demand

# data[].attributes.body
HDB new price is monopolized by the government

# data[].attributes.body
7 types of cooling measure over the span of 7 years

# data[].attributes.headline
Key Points for price of housing dropping article by JESSICA

# data[].attributes.subject
Key Points for price of housing dropping article by JESSICA

# data[].attributes.body
- Property prices in Singapore declining throughout the years
- Decline by 0.4 percent quarter-on-quarter
-0.7 Percent drop in the first quarter

# data[].attributes.body
(notes by JESSICA)

# data[].attributes.body
-The supply of housing in Singapore will increase by about 11 per cent in about three years with the addition of more than 100,000 HDB and 67,000 private units.

-By early 2018, the stock of housing in Singapore would have grown to 1.43 million units and that the residential market in Singapore has achieved a better balance between sellers and buyers.
This would be an 11 per cent increase from the current stock of about 1.28 million housing units, of which 960,000 are in HDB estates and the remaining 320,000 in the private sector.

-"An 11 per cent increase in three years of the number of homes available for occupation is very fast. Our population is not going to grow that fast and therefore a lot of units may go empty," Nicholas Mak, executive director at SLP International, told BT.

He explained that the impact of this may be most felt on the private residential market, primarily on those units for investment, as the chances of HDB units going empty is less as these are for primary residences.

"In the private sector, a significant amount of property is bought for investment. This is especially true for shoebox units and those in the downtown areas, which are mostly bought by investors."

Consequently, he cautioned that there is a risk of a glut in some segments, where investors were buying the units to rent out and added that this could also have a downward drag on rental rates.

JOE JIN XUN

# data[].attributes.body
After peaking in mid-2013, Singapore’s property prices have been easing and are now down 9 per cent --> deliberate result of Singapore Government policy,(got spooked by a rush of money into its property market from offshore)e.g. restricting concurrent home ownership, increasing minimum occupancy periods, extending stamp duty and doubling deposit requirements for second homes.
In the March quarter 2016, the value of investment sales was the weakest at any time in the past six years

# data[].attributes.body
http://www.tradingeconomics.com/singapore/housing-index

# data[].attributes.headline
PRICE OF HOUSES DROPPING DUE TO GOVERNMENT INTERVENTION by ELDIWN

# data[].attributes.subject
PRICE OF HOUSES DROPPING DUE TO GOVERNMENT INTERVENTION by ELDIWN

# data[].attributes.body
http://intheblack.com/articles/2016/06/16/7-asia-pacific-cities-where-house-prices-are-booming

# data[].attributes.body
http://business.asiaone.com/news/the-singapore-property-market-really-buyers-market-now

# data[].attributes.body
http://www.businesstimes.com.sg/government-economy/khaw-boon-wan-sees-singapore-housing-supply-rising-11-in-three-years
JOE JIN XUN

# data[].attributes.body
- more demand for 3-room flats than supply for 3-room flat (2393 units vs 2351 units)

-more supply for 2-room flexi flats than demand for 2-room flexi flats (519 units vs 1,419 units)

-high demand is in line with the predictions of experts, who point to flats in the mature estates of Ang Mo Kio and Bedok as especially attractive

-5,170 Sale of Balance Flats units on offer

-0.3 applicant for each Bukit Panjang three-room flat to 0.9 for each Bukit Panjang five-roomer

# data[].attributes.body
http://www.straitstimes.com/singapore/housing/high-demand-for-3-room-and-larger-bto-flats