Law, Economics and Finance of the Real Estate Market A Perspective o
The symbiosis between the law, economics and finance is evidenced in our daily lives. This book elucidates the relationship between these factors in Singapore and Hong Kong in direct and indirect real estate market. In Singapore, for example, there is an
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Rita Yi Man Li
Law, Economics and Finance of the Real Estate Market A Perspective of Hong Kong and Singapore
SpringerBriefs in Economics
For further volumes: http://www.springer.com/series/8876
Rita Yi Man Li
Law, Economics and Finance of the Real Estate Market A Perspective of Hong Kong and Singapore
123
Rita Yi Man Li Sustainable Real Estate Research Center Department of Economics and Finance Hong Kong Shue Yan University Hong Kong Hong Kong SAR
This book project is supported by research grant offered by Hong Kong Shue Yan University.
ISSN 2191-5504 ISSN 2191-5512 (electronic) ISBN 978-3-642-54244-2 ISBN 978-3-642-54245-9 (eBook) DOI 10.1007/978-3-642-54245-9 Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2014931396 The Author(s) 2014 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Contents
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Law, Economics and Finance Issues in Singapore’s Housing Development Board Flats . . . . . . . . . . . . . . . . . . 1.1 The Birth of the Housing Development Board . . . . . . . 1.2 HDB Upgrading Programme . . . . . . . . . . . . . . . . . . . 1.3 Recent Singapore HDB Development . . . . . . . . . . . . . 1.4 Legal Issues in HDB. . . . . . . . . . . . . . . . . . . . . . . . . 1.4.1 Quality Living Standard . . . . . . .
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