Economics Prolonged Essay

Just how has the economical contraction in Singapore damaged the country's non-landed non-public residential property rates during the last a couple of quarters of 2008? ____________________________________________________________________________________________________

International Baccalaureate Diploma Plan

Extended Dissertation Economics

Just how has the economical contraction in Singapore damaged the country's non-landed non-public residential property prices during the last 2 quarters of 2008?

Phrase Count: 3995

By: College: ACS (International) Year: 2009

International Baccalaureate - Expanded Essay

one particular

How has got the economic contraction in Singapore affected the country's non-landed private house prices over the last 2 sectors of 2008? ____________________________________________________________________________________________________

Summary

For my personal extended article, I chose to review the relationship involving the Singapore's financial contraction as well as the decline in the country's house market. Hence, my study question can be: How has got the economic anxiete in Singapore affected the country's non-landed private residential property prices during the last 2 quarters of 08? In order to response this problem, I have divided my analysis into two main parts – first of all, to establish backlinks between the monetary contraction in Singapore and non-landed personal residential property prices and then, to review the various impact on non-landed private residential property in different parts of Singapore. My personal investigation incorporates both major and second research. My personal primary research is an interview with an experienced home agent, whilst my supplementary research consists of statistics furnished by the government, reports articles, house reports and records of property transactions. My major research has given me a significantly better understanding of the home market along with consumer mentality. My second research alternatively, provides me with the details and figures I need to back up my analysis. In conclusion, I found five factors causing the falling property prices – unemployment, strict loans from banks, fall in rentals, low market emotion, and decrease in new roll-outs. I am also in a position to determine an over-all trend that non-landed personal residential properties inside the core central region which I have indentified as extravagance goods, are susceptible to larger cost falls than patients in the associated with central region, most of that are normal goods, while homes of a few districts beyond the central region can be labeled as inferior goods (since demand for these people increase while prices fall). However , ?nternet site discovered in my own research procedure, this is barely a guideline and there are a good amount of exceptions.

(296 words)

Worldwide Baccalaureate -- Extended Composition

2

How has the monetary contraction in Singapore afflicted the country's non-landed non-public residential property prices during the last a couple of quarters of 2008? ____________________________________________________________________________________________________

Contents Web page

Title Webpage

Page one particular

Abstract

Page 2

Material Page

Site 3

Launch

Page four

Chapter one particular: Links between economic compression in Singapore and non-landed private residential property prices Web page 7

Part 2: Effect on properties of numerous localities

Page 18

Conclusion

Page twenty eight

Bibliography

Web page 30

Appendix

Page thirty-two

International Baccalaureate - Expanded Essay

several

How has the economic anxiete in Singapore affected the country's non-landed private residential property prices over the last 2 quarters of 08? ____________________________________________________________________________________________________

Launch

The property industry in Singapore reached famous peaks in 2007. House prices held rising and lots of investors were " flipping” properties pertaining to profit, which can be in other words,...

Bibliography: " Organization Expectations Study, First Quarter 2009”. (2009) Retrieved 21 April 2009 from Figures Singapore. Site:

Chen, Gabriel

Chen, Gabriel. " DBS to slice 900 jobs. ” (November 8, 2008). Retrieved 26 April 2009 from Straits Times. Internet site:

Goh, Adeline

" MarketView Singapore, Fourth One fourth 2008. ” (2009). Gathered 26 Apr 2009 via CB Richard Ellis. Website:

Mu, Xuequan

" Release of 4th One fourth 2008 real-estate statistics”. (23 January 2009) Retrieved 26 April 2009 from Urban Redevelopment Expert. Website:

" The information Report, Marketplace Overview, January 2009. ” (2009)

" Unemployment. ” (2009). Retrieved 26 April 2009 by Ministry of Manpower. Internet site:

International Baccalaureate - Extended Article



Essay regarding Beauty Pageants

Related

Category

News