News & Opinions

Singapore homebuyers to seek bargains on discount disclosure

SINGAPORE (June 5): Singapore homebuyers will drive harder bargains in an already depressed housing market as new rules that require developers to disclose discounts and other perks unmask the actual value of properties for sale. Starting Friday, the Urban Redevelopment Authority will publish weekly net prices on home transactions that will take into account incentives …

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‘Prospect Theory’ or the ‘Loss-Aversion Theory’

One of the controversial theories in real estate investing is called the ‘Prospect Theory’ or the ‘Loss-Aversion Theory’ Prospect theory states that ‘people’s perceptions of gain and loss are skewed.’ That is, people are more afraid of a loss than they are encouraged by a gain. If people are given a choice of two different …

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