Property value. Property values in Singapore are influenced by logical factors, such as economic theories and population

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Property value. Property values in Singapore are influenced by logical factors, such as economic theories and population density, and other factors, including the feel of a neighborhood and future growth expectations. The following are some of the key variables that affect property values. Classify each variable as quantitative or qualitative.

a. The number of properties supplied and demanded

b. Location (good, fair or, poor)

c. Interest rates (%)

d. Economic growth rate (%)

e. Designated parking space (Yes or No)

f. Migration level g. Home improvements (renovated or not renovated)

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Statistics For Business And Economics

ISBN: 9781292413396

14th Global Edition

Authors: James McClave, P. Benson, Terry Sincich

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