Fan Ying

Fan Ying

Assistant Professor, Department of Building and Real Estate, The Hong Kong Polytechnic University

Fan Ying is an assistant professor at the Department of Building and Real Estate at the Hong Kong Polytechnic University. Her major research interests are in real estate economics and household finance. She specialises in housing price dynamics, household consumption and housing demand under uncertainty, as well as household mortgage decision and risk management. She has published articles in Real Estate Economics, Regional Science and Urban Economics, China Economic Review, etc. 

She was a research fellow at the National University of Singapore and a visiting scholar at the University of Wisconsin-Madison.


Singapore skyline taken from the Supertree Observatory at Gardens by the Bay showing the Costa Rhu Condominium. (SPH)

How increased wealth affects Chinese foreign buyers' housing consumption in Singapore

In 2005, the People’s Bank of China unpegged the RMB from the US dollar, transiting it to a floating exchange rate regime based on market supply and demand with reference to a basket of currencies. The policy shift resulted in an appreciation of the RMB relative to the US dollar and Singapore dollar. With stronger purchasing power, how did Chinese foreign buyers' housing consumption patterns in Singapore change? How has that affected Singapore's property market? Academics Fan Ying and Sing Tien Foo analyse data over the last two decades for the answer.