Kiasunomics

Mix, Match, and Market: HDB Resale Prices and Ethnicity Insights

NUS Business School Season 3 Episode 10

In the spirit of fostering harmony and better social integration, Singapore’s Housing Development Board has intentionally implemented an ethnic household mix across all blocks and estates.

In this episode, Professor Sumit chats once again to Professor Sing Tien Foo about how this policy has inadvertently influenced public housing prices, and the reasons why. Analysing home sale transaction data, they also identify the ethnic buy-seller pairings that command a premium, and the pairings that command a discount!