Climate Change and Property Prices
Update: 2024-07-23
Description
Rising sea levels and property are highly pertinent topics for Singaporeans. But how are the two linked?
In this episode, Professor Ang Swee Hoon examines the impact of impending sea level rises on both public and private housing in Singapore, following announcements made by the then-Prime Minister in a National Day speech in 2019. Research revealed a reduction in the monetary value of sea-facing properties by S$20,000 in response to the announcements, but interestingly, it was only for public housing.
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