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Singapore Housing by Belinda K. P. Yuen,Ho Pin Teo,Giok Ling Ooi Pdf
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the periods prior to and after 1960, the annotated bibliography brings together in one volume both published and unpublished works.
Housing the Nation - a Singapore Policy Story by Kim Hin / David Ho Pdf
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.
Policy Innovations for Affordable Housing In Singapore by Sock-Yong Phang Pdf
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.
Housing for Older People in Singapore: An Annotated Bibliography by Belinda Yuen,Emily Soh Pdf
This bibliography offers valuable annotated references on housing for older population for those interested in these initiatives and discussions. It begins with an overview piece on the state of policy, practice and research on housing for the older population in Singapore. This is followed by an annotated bibliography featuring published and unpublished work, spanning recent decades, pertaining to housing for the older population with emphasis on Singapore. It encompasses theoretical and empirical research reported in journal articles and book chapters as well as grey literature, like dissertations and theses, conference proceedings, working papers and newspaper articles. The bibliography also contains additional citations covering global studies, in particular, in Asia, North America and UK. It is hoped that this bibliographic material will serve as a useful starting reference point for discussions on housing of older people in Singapore and also for key developments in other parts of the world. The goal is to encourage additional scholarship.
Singapore Houses features top architects and designers with ideas that are stylish, contemporary, and show twenty-first century savvy. The houses in this book epitomize cutting-edge residential architecture in Singapore. they demonstrate a remarkable surge of design exploration in the city-state. Architects in Singapore are producing work with a level of refinement and sophistication that is comparable with the best in the world and one would be hard pressed to find a nation of similar size with such an abundance of accomplished young designers who have built independently. The houses include recent designs by doyens of the profession such as Sonny Chan Sau Yan, Kerry Hill and Ernesto Bedmar in addition to the firmly established "next" generation including Mok Wei Wei, Chan Soo Khian, Siew Man Kok and Richard Hassell. For those looking for new architecture or interior design ideas, Singapore Houses will surely add a unique, fresh element to their homes and projects.
Housing in Southeast Asian Capital Cities by Giok Ling Ooi Pdf
The author presents some of the wider debates on housing and development while focusing on the major Southeast Asian capital cities: Jakarta, Bangkok, Kuala Lumpur and Metro Manila. All these cities have expanded enormously in terms of population and size, all have enormous problems ranging from provision of clean water and sustainable housing for the poor to dealing with a constant inflow of rural-urban migrants. Despite this, most city governments remain worryingly ineffectual or uncommitted to solving urgent problems of their expanding cities.
Author : International Monetary Fund Publisher : International Monetary Fund Page : 48 pages File Size : 55,5 Mb Release : 2012-02-10 Category : Business & Economics ISBN : 9781463978471
Singapore’s economy is slowing against the backdrop of a deteriorating external environment and a softening of exports. The main near-term risks are a protracted slowdown in advanced economies and a sharp increase in global financial stress. Given Singapore’s openness, these shocks would hit the economy severely through weaker exports, reduced capital inflows, slower credit, and a fall in financial market activity. The authorities have sufficient policy space to deploy a decisive response in case these risks materialize. A rapid increase in foreign currency lending may also raise the risk of funding strains.
Housing and SDGs in Urban Africa by Timothy Gbenga Nubi,Isobel Anderson,Taibat Lawanson,Basirat Oyalowo Pdf
There is a dearth of collections of scholarly works dedicated wholly to African issues, that comes out of the work done by African scholars and practitioners with both African collaborators and from elsewhere. This volume brings together scholarly works and thoughts that cut across and intertwine the tripods-environment-consciousness, socially just development and African development into options that could deliver on the promise of the SDGs. The book project is an initiative of the Centre for Housing and Sustainable Development at the University of Lagos, which realized the gap in ground research linking the housing sector with the SDGs in African cities. This book therefore presents chapters that explore the interconnections, interactions and linkages between the SDGs and Housing through research, practice, experience, case-studies, desk-based research and other knowledge media.
Global Housing Markets by Ashok Bardhan,Robert H. Edelstein,Cynthia A. Kroll Pdf
A global look at the reasons behind the recent economic collapse, and the responses to it The speculative bubble in the housing market began to burst in the United States in 2007, and has been followed by ruptures in virtually every asset market in almost every country in the world. Each country proposed a range of policy initiatives to deal with its crisis. Policies that focused upon stabilizing the housing market formed the cornerstone of many of these proposals. This internationally focused book evaluates the genesis of the housing market bubble, the global viral contagion of the crisis, and the policy initiatives undertaken in some of the major economies of the world to counteract its disastrous affects. Unlike other books on the global crisis, this guide deals with the housing sector in addition to the financial sector of individual economies. Countries in many parts of the world were players in either the financial bubble or the housing bubble, or both, but the degree of impact, outcome, and responses varied widely. This is an appropriate time to pull together the lessons from these various experiences. Reveals the housing crisis in the United States as the core of the meltdown Describes the evolution of housing markets and policies in the run-up to the crisis, their impacts, and the responses in European and Asian countries Compares experiences and linkages across countries and points to policy implications and research lessons drawn from these experiences Filled with the insights of well-known contributors with strong contacts in practice and academia, this timely guide discusses the history and evolution of the recent crisis as local to each contributor's part of the world, and examines its distinctive and common features with that of the U.S., the trajectory of its evolution, and the similarities and differences in policy response.
This book titled “Housing for All: Design, Construction andManagement” by A.K. Jain is a comprehensive assessment of the housing situationin India which not only traces the path taken by (governments so far but alsooutlines a roadmap for the future. The book begins with an overview of thehousing scenario in India. It discusses various housing programmes and draws adistinction between affordable housing and adequate housing. The book alsodraws particular attention to housing issues of special groups such as theelderly, disabled, homeless, migrant and transit workers, students and singlewomen. There is also a discussion on the issue of social and physicalinfrastructure. The book notes that housing units alone do not constitutehousing but infrastructure plays a critical role in the occupancy of housing.The question of reducing the cost of housing has been vexatious for long. Jaindeals with this issue in detail and suggests various low-cost technologies andhouse building systems for making housing more affordable. Another issue isthat of rental housing. Jain suggests that giving a boost to rental housingthrough a slew of measures can go a long way in making housing more accessibleand bring vacant housing into the market.
The Making of Singapore Sociology by Tong Chee-Kiong,Lian Kwen-Fee Pdf
This book presents a collection of essays of how the city-state of Singapore's societal dynamics have evolved from the time of its birth as a nation in 1965 to the present. Key areas of Singapore society are explored, contributing to the understanding of the social organisation of the city. This study reveals a shift from the modernisation studies in the 1970s to a more political-economic turn, as a consequence of the influence of dependency and world systems theories. Topics covered include: urban studies, family, education, medical care, class and social stratification, work, language, ethnic groups, religion and crime and deviance.
Political Legitimacy and Housing by Beng-Huat Chua Pdf
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.
International Monetary Fund. Asia and Pacific Dept
Author : International Monetary Fund. Asia and Pacific Dept Publisher : International Monetary Fund Page : 87 pages File Size : 45,9 Mb Release : 2015-07-22 Category : Business & Economics ISBN : 9781513543468
Singapore by International Monetary Fund. Asia and Pacific Dept Pdf
Outlook and risks. As Singapore prepares to celebrate its 50th anniversary in August, its economy continues to perform well. Despite the slow pace of the global recovery and a gradual decline in domestic credit growth and housing prices, projected economic growth of about 2.9 percent in 2015 is consistent with full employment and price stability. Growth is projected to slow down in the medium term, consistent with reduced reliance on foreign workers and rapid population aging. The authorities’ new growth model takes into account Singapore’s physical resource limits and aims to boost labor and land productivity. Risks to the baseline are tilted to the downside: Singapore’s highly open economy is exposed to external shocks, most notably slower global growth and the side effects from volatility in global financial markets. Domestic vulnerabilities, including elevated private indebtedness, can amplify the impact of external shocks. Policies. In January, in response to a decline in expected inflation and a more uncertain outlook for growth, the Monetary Authority of Singapore (MAS) reduced the pace of appreciation of the nominal effective exchange rate (NEER) band. The more benign near?to medium-term inflation outlook warrants the relative easing of monetary policy. The monetary policy framework is robust and flexible but rising domestic leverage and heightened global interest rate and exchange rate volatility warrant heightened vigilance in assessing the balance of forces between the various channels of monetary policy. Singapore continues to maintain high regulatory and supervisory standards. Recent macroprudential measures have contributed to smoothing the cycle for credit and house prices. The budget’s focus on boosting productivity, equality of opportunity, and inclusiveness is laudable, while the fiscal impulse is opportune given cyclical conditions. Restructuring and population aging. Building on Singapore’s success and faced with high income inequality and the physical limits of a city state, the authorities have re-engineered the country’s growth model to boost productivity while reducing reliance on foreign workers. The restructuring entails lower steady state growth and a shift in the functional distribution of income toward labor. Incentives provided for firms to increase productivity-enhancing investments and for Singaporeans to upgrade their skills should help ensure a successful transition. But slower potential growth and a lower share of profits in income could affect those investments, and gains in productivity could be realized only slowly. Flexibility in the application of foreign worker policies and continued review of incentives are warranted. The authorities are recalibrating fiscal policies with associated inter?and intra- generational impacts in order to proactively deal with Singapore’s rapid population aging, enhance inclusiveness and reduce inequality, while remaining true to the principles of individual responsibility and sound public finances.
Economic Cooperation Between Singapore and India by Faizal bin Yahya Pdf
This book examines the growing economic relations between India and Singapore which has culminated in a Free Trade Agreement, the Comprehensive Economic Cooperation Agreement (CECA), signed by both economies in June 2005. It focuses in particular on the important information technology sector.