STF's Research Publications

Real Estate, Finance and Economic Journals (64):

1. Sumit Agarwal, Tien Foo Sing and Xiaoyu Zhang, (Accepted) “Intergenerational Bankruptcy Risks: Leaning from Parents’ Mistakes” Journal of Financial Intermediation 

2. Tien Foo Sing and Yiheng Zou, (Accepted), “Improving Search Efficiency in Housing Markets Using Online Listings,” Real Estate Economics.

3. Diao, Mi, Sing, Tien Foo and Zhang, Xiaoyu, (forthcoming) “The Political Economy of Public Housing Upgrading Programs,” Journal of Economic and Behavior & Organization.

4. Tien Foo Sing, Wenwen Wang and Changwei Zhan, (forthcoming) “Tracking Industry Pollution Sources and Health Risks in China,” Scientific Reports (Nature Portfolio).

5. Sumit Agarwal, Tien Foo Sing, Changcheng Song, and Jian Zhang, (forthcoming) “Liberalizing Home-Based Business,” Management Science.

6. Diao Mi, Li Qiang, Sing Tien Foo and Zhan Changwei, (2023) “Disamenties of Living Close to Transit Tracks: Evidence from Singapore,” Regional Science and Urban Economics, Volume 100, DOI: 103894.

7. Chia, Liu Ee and Sing, Tien Foo, (2023) “Redevelopment Values in Multi-Family Properties: Evidence from En bloc Sales in Singapore,” Journal of Housing Economics, Vol. 60, DOI: 101932 

8. Fangzhou Dai, Mi Diao, Tien Foo Sing, (2022) “A Two-Dimensional Propensity Score Matching Approach to Estimating the Treatment Effect of Urban Rail Transit Lines on Vehicle Travel,” Transportation, (https://doi.org/10.1007/s11116-022-10360-2)

9. Sumit Agarwal, Tien Foo Sing and Mahanaaz Sultana (2022), "Public Media Campaign and Energy Conservation: A Natural Experiment in Singapore", Energy Economics, Vol. 114, DOI: 106281 . 

10. Sing Tien Foo and Zou Yiheng (2022), "Mortgage payments and equity premium puzzle", The Quarterly Review of Economics and Finance,  Vol. 86, pp 376-388.

11. Diao Mi, Fan Yi and Sing Tien Foo (2021) “Rational Pricing Responses of Developers to Supply Shocks: Evidence from Singapore”,  Journal Economic Behavior and Organization, Vol. 190, pp. 802 – 815 

12. Fan Ying and Sing, Tien Foo (2021) "Macroeconomic Policy-Induced Wealth Effects on Chinese Foreign Housing Investments", China Economic Review, Vol 69, DOI: 101675 

13. Sing, Tien Foo, Yang Jingye Jesse, and Yu, Shi Ming (2021) “Decision tree and Boosting Techniques in Artificial Intelligence Based Automated Valuation Models (AI-AVM)”, Journal of Real Estate Finance and Economics, https://doi.org/10.1007/s11146-021-09861-1 

14. Fan, G.Z., Pu M., Sing, T.F. and Zhang Xiaoyu, (2022) “Risk-Aversion and Urban Land Development Options” Real Estate Economics, Vol. 50 (3), pp 767-788 

15. Sumit Agarwal, Ying Fan, Daniel P McMillen and Tien Foo Sing, (2021) “Tracking the Pulse of a City – 3D Real Estate Price Heat Maps,” Journal of Regional Science, Vol. 61, No. 3, pp 543- 569 

16. Sumit Agarwal, Wenlan Qian, Tien Foo Sing and Poh Lin Tan, (2021) “Fortunes Of Dragons: Cohort Size Effects On Life Outcomes,” Population Studies, Vol. 75, No. 2, pp. 191-207 

17. Coulson, Edward N., Dong, Zhi and Sing, Tien Foo (2021) “Estimating Supply Functions for Residential Real Estate Attributes” Real Estate Economics, Vo. 49, No. 2, pp. 397-432.

18. Dai Fangzhou, Diao Mi and Sing Tien Foo, (2020) “Effects of Rail Transit on Individual Travel Mode Shares: A Two-Dimensional-Propensity-Score-Matching Approach,” Transportation Research Part D: Transport and Environment, Vol.89, 102601.

19. Sumit Agarwal, Mi Diao, Jussi Keppo and Tien Foo Sing, (2020) "Preferences of Public Transit Commuters: Evidence from Smart Card Data in Singapore," Journal of Urban Economics, Vol. 120, 103288.

20. Sumit Agarwal, Tien Foo Sing, Yang Yang, (2020) “Impact of Transboundary Haze Pollution on Household Utilities Consumption” Energy Economics, Vol. 85.

21. Chiang, Ming-Chu, Sing, Tien Foo, Wang, Long (2020) “Interactions of Housing Market and Stock Market in the US – A Markov Switching Approach” Journal of Real Estate Research, Vol. 42, No. 4, pp. 552-571.

22. He, Jia, Liu, Haoming, Sing, Tien Foo, Song, Changcheng and Wong, Wei-Kang (2020) “Superstition, Conspicuous Spending, and Housing Market: Evidence from Singapore” Management Science, Vol. 66, No. 2, pp. 783 -804.

23. Liu Bo, Shilling, James D. and Sing, Tien Foo (2020) “Large Banks and Efficient Banks: How do They Influence Credit Supply and Default Risk?” Journal of Financial Services Research, Vol. 57, pp. 1-28. 

24. Agarwal, Sumit, Choi, HyunSoo, He, Jia and Sing, Tien Foo (2019) “Matching in Housing Markets: The Role of Ethnic Social Networks” Review of Financial Studies, Volume 32, Issue 10, Pages 3958–4004

25. Agarwal, Sumit, He, Jia, Sing, Tien Foo and Song, Changcheng (2019) “Do Real Estate Agents have Information Advantages in Housing Markets?” Journal of Financial Economics, Vol 134, pp. 715-735.

26. Zhao, Daxuan, Wang, Yonglin and Sing, Tien Foo (February 2019), “Impact of Foreclosure Laws On Mortgage Loan Supply And Performance,” Journal of Real Estate Finance and Economics, Volume 58, Issue 2, pp 159–200

27. Agarwal, Sumit, Zhang, Jian, Sing, Tien Foo and He, Jia (2018) “Gender Gap in Personal Bankruptcy Risks: Empirical Evidence from Singapore” Review of Finance, Volume 22, Issue 2, Pages 813–847

28. Liu, Bo and Sing, Tien Foo, (2018) ““Cure” Effects and Mortgage Default: A Split Population Survival Time Models,” Journal of Real Estate Finance and Economics, Volume 56, Issue 2, pp 217–251

29. Diao, Mi, Leonard, Delon and Sing, Tien Foo (2017) “Spatial-Difference-in-Differences Models for Impact of New Mass Rapid Transit Line on Private Housing Values” Regional Science and Urban Economics, Vol. 67, pp.64-77.

30. Diao, Mi, Fan, Yi and Sing, Tien Foo, (2017) “A New Mass Rapid Transit (MRT) Line Construction and Housing Wealth: Evidence from the Circle Line,” Inaugural Issue of Journal of Infrastructure, Policy & Development (JIPD), Vol. 1, No. 1, pp 64-89.

31. Sumit Agarwal, Satyanarain Rengarajan, Tien Foo Sing, and Yang Yang (2017) “Nudges by School Children and Electricity Conservation: Evidence from the “Project Carbon Zero” Campaign in Singapore” Energy Economics, Vol. 61, pp. 29-41.

32. Zhao, Daxuan and Sing, Tien Foo, (2017) “Air Pollution, Economic Spillovers and Urban Growth in China,” Annals of Regional Science, (Special Issue on Asia) Volume 58, Issue 2, pp 321–340.

33. Chiang, Ming-Chu, Sing, Tien Foo, and Tsai I-Chun (2017) “Spillover Risks in REITs and other Asset Markets,” Journal of Real Estate Finance and Economics, Vol. 54, pp. 579-604.

34. Lin, Pei-Syuan, Chang, Chin-Oh, Sing, Tien Foo, (2016) “Do Housing Options Affect Child Birth Decisions? Evidence from Taiwan,” Urban Studies, Vol. 53, No. 16, pp. 3527–3546.

35. Diao, Mi, Qin, Yu and Sing, Tien Foo, (2016) “Negative Externalities of Rail Noise and Housing Values: Evidence from the Cessation of Railway Operations in Singapore,” Real Estate Economics, Vol. 44, No. 4, pp. 878–917.

36. Agarwal, Sumit, Rengarajan, Satyanarain, Sing, Tien Foo and Vollmer, Derek (2016) “Effects of construction activities on residential electricity consumption: Evidence from Singapore’s public housing estates” Energy Economics, Vol. 55, pp. 101–111

37. Agarwal, Sumit, Rengarajan,Satyanarain, Sing, Tien Foo and Yang, Yang (2016) “School Allocation Policies and Housing Prices: An Experiment with School Relocation Events in Singapore,” Regional Science and Urban Economics, Vol. 58, pp. 42–56

38. Agarwal, Sumit, Qian, Wenlan, Reeb, David M. and Sing, Tien Foo, (2016) “Golf Buddies and Corporate Board Membership: The Influence on Gender Diversity,” American Economic Review: Papers and Proceedings, Vol. 106 No. 5, pp 272–276.

39. Sing, Tien Foo, Tsai, I-Chun and Chen, Ming-Chi (2016) “Time-Varying Betas of US REITs from 1972 to 2013” Journal of Real Estate Finance and Economics, Vol. 52, pp. 50–72

40. Zhao, Daxuan and Sing, Tien Foo (2016) “Corporate Real Estate Ownership and Productivity Uncertainty” Real Estate Economics, Vol. 44, No. 2, pp. 521-547

41. Dong, Zhi and Sing, Tien Foo (2016) “How Do Land Auction Formats Influence the Market Structure and Aggregate Surplus of Real Estate Development?” Real Estate Economics, V44 No. 3, pp. 691–725

42. Agarwal, Sumit, Koo, Kang Mo and Sing, Tien Foo, (2015) “Impact of Electronic Road Pricing (ERP) Charges on Real Estate Prices in Singapore,” Journal of Urban Economics, Vol. 90, pp 50–59

43. Deng, Yongheng, McMilen, Daniel P. and Sing, Tien Foo, (2014) “Matching Indices for Thinly-Traded Commercial Real Estate in Singapore” Regional Science and Urban Economics, Vol 47, pp. 86-98.

44. Dong, Zhi and Sing, Tien Foo, (2014) “Developer Heterogeneity and Competitive Land Bidding” Journal of Real Estate Finance and Economics, Vol. 48(3), pp. 441-466.

45. Liao, Wen-Chi, Zhao, Daxuan and Sing, Tien Foo, (2014) “Risk Attitude and Housing Wealth Effect” Journal of Real Estate Finance and Economics, Vol. 48(3), pp. 467 - 491

46. Liu, Bo and Sing, Tien Foo, (2013) “Unobservable Risk in Mortgage Contract Choice” Real Estate Economics, Vol 41(4), pp 958-985.

47. Chu, F.N., Chang, J.O. and Sing, T.F. (2013) “Collective action dilemma in condominium management,” Urban Studies, Vol. 50(1), pp. 128-147.

48. Fan, Gangzhi, Sing, T.F., Ong, Seow Eng (2012) “Default Clustering and Credit Risks in Commercial Mortgage-Backed Securities (CMBS),” Journal of Real Estate Finance and Economics, 45 (1), 110-127.

49. Deng Yongheng., McMillen, Daniel P. and Sing, Tien Foo, (2012) “Private Residential Price Indices in Singapore: A Matching Approach,” Regional Science and Urban Economics, Vol 42, No. 3, pp. 485 -494.

50. Sing, Tien Foo and Sirmans, C.F. (2008) “Does Real Estate Ownership Matter in Corporate Governance?” Journal of Property Research, Vol. 25, No. 1, pp. 23-43.

51. Ong, Seow Eng, Sing, Tien Foo and Teo, Alan Hwee Loon (2007), “Delinquency and Default in ARMs: The Effects of Protected Equity and Loss Aversion,” Journal of Real Estate Finance and Economics, Vol. 35, No. 3, pp. 253-280

52. Chu, Yongiang and Sing, Tien Foo (2007) “Optimal Timing of Real Estate Investment under Asymmetric Duopoly” Journal of Real Estate Finance and Economics, Vol. 34, No. 3, pp 327-345.

53. Sing, Tien Foo, Tsai, I-Chun and Chen, Ming-Chi (2006) “Price Dynamics in Public and Private Housing Markets in Singapore” Journal of Housing Economics, Vol. 15, No. 4, pp. 305-320.

54. Fan, Gagn-Zhi, Ong, Seow Eng. and Sing, Tien Foo (2006) “Moral Hazard, Effort Sensitivity and Compensation in Asset-Backed Securitization” Journal of Real Estate Finance and Economics, Vol. 32, pp. 229-251.

55. Lai, Neng Rose, Ong, Seow Eng and Sing, Tien Foo (2005) “Values of Mortgages with Top-Up Payment Options” International Journal of Theoretical and Applied Finance, Vol.9, No. 5, pp.801-824.

56. Sing, Tien Foo, Ong, Seow Eng, Fan Gang-zhi and Lim, Kian Guan (2005) “Pricing Credit Risk of Asset-Backed Securitization Bonds in Singapore” International Journal of Theoretical and Applied Finance, Vol. 8, No. 3, pp. 321-338.

57. Ong, Seow Eng, Sing, Tien Foo and Malone-Lee, Lai Choo, (2004) “Strategy Considerations in Land Use Planning: The Case of Singaporean White Site” Journal of Property Research, Vol. 21, No 3, pp.235-253.

58. Sing, T.F., (2004) “Common Risk Factors and Risk Premia in Direct and Securitized Real Estate Markets” Journal of Property Research, Vol. 21, No. 3, 189-207.

59. Sing, Tien Foo, Ong, Seow Eng, Fan, Gang-zhi and Sirmans, C.F. (2004) “Cash Flow Swaps in Asset-Backed Securitization Transaction” Journal of Real Estate Finance & Economics, Vol. 28, No. 2, pp. 235-254

60. Sing, Tien Foo, Ong, Seow Eng and Sirmans, C.F. (2003) “Asset-Backed Securitization in Singapore: Value of Embedded Buy-Back Options,” Journal of Real Estate Finance & Economics, Vol. 27, No. 2, pp. 173-180.

61. Sing, Tien Foo (2003) “Dynamics of Private Industrial Space Demand in Singapore” Journal of Real Estate Research, Vol. 25, No. 3, pp.301-324.

62. Sing, Tien Foo (2002) “Time to Build Options in Construction Process” Construction Management and Economics, Vol. 20, No.2, pp. 119-130.

63. Ong, Seow Eng and Sing, Tien Foo (2002) “Price Discovery between Private and Public Housing Markets” Urban Studies, Vol. 39 No. 1, pp 57-67.

64. Sing, Tien Foo and Patel, Kanak (2001) “Evidence of Irreversibility in the UK Property Market” The Quarterly Review of Economics and Finance, Vol. 41, No.3, pp. 313-334.

65. Patel, Kanak and Sing, Tien Foo (2000) "Implied Volatility in UK Commercial Property Market: Empirical Evidence Based on Transaction Data" Journal of Real Estate Finance and Economics, Vol. 20, No.1, pp. 1-24.

Other real estate journals (52):

1. Sing, Tien Foo and Wang, Long, (2021) “Spillovers of Non-Fundamental Risks in Securitized Real Estate Companies: The Tales of Two Markets”, International Real Estate Review, Vol. 24, No. 2, pp. 185-220. 

2. Chu Y.Q. and Sing, T.F. (2021) “Intensity and Timing Options in Real Estate Development,” International Real Estate Review, 24(1) pp 1- 17. 

3. Diao, Mi, Fan, Yi and Sing, Tien Foo, (2019) “Demand Restrictions and Asymmetric Risk Behaviors” International Real Estate Review, Vol 22, No. 2, pp. 131- 168.

4. Dong, Zhi and Sing, Tien Foo, (2017) “Developers’ heterogeneity and real estate development timing options,” Journal of Property Investment and Finance, Vol. 35, No 5, pp 472 - 488.

5. Muhammad Najib, Razali and Sing, Tien Foo (2015) “Do Islamic REITs Behave Differently from Conventional REITs?” Journal of Real Estate Portfolio Management, Vol. 21, No.1, pp. 77-92.

6. Lee, Nai Jia. and Sing, Tien Foo (2015) “Housing Supply and Housing Mobility: An Examination of Supply Side Strategies in Hot Market” Journal of Real Estate (Chinese), Vol. 2 No. 1, pp. 1-14

7. Tsai, Hsiu-Jun, Chen, Ming-Chi, Chih-Yan Yang and Sing, Tien Foo (2015) “Contagion and Downside Risk in the REIT Market during the Subprime Mortgage Crisis” International Journal of Strategic Property Management, Vol. 19 No. 1, pp. 42- 57

8. Sing, Tien Foo and Loh, Kok Weng (2014) “Predictability of Shariah-Compliant Stock and Real Estate Investments” International Real Estate Review, Vol. 17(1), pp. 23-46.

9. Tsai, I-Chun, Sing, Tien Foo and Chiang, Ming-Chu (2013) “Are REITs a Good Shelter from Financial Crises? Evidence from the Asian Markets” Journal of Property Investment and Finance, Vol. 31(3), pp. 237-253.

10. Sing, Tien Foo and Tan, Zhuang Yao (2013) “Time-varying correlations between stock and direct real estate returns” Journal of Property Investment and Finance, Vol. 31(2), pp. 179-195.

11. Sing, Tien Foo (2012) “A Real Option Approach to Pricing Retail Leases with Overage Clauses” Pacific Rim Property Research Journal, Vol. 18(3), 197-212.

12. Tsai, I-Chun, Sing, Tien Foo, Chen, Ming-Chi, and Ma, Tai (2012) “The Structure of REIT beta” Applied Financial Economics, Vol. 22(10), pp. 827-836.

13. Syahzan, Sani Kudus. and Sing, Tien Foo (2011) “Alignment of interests with insiders and REIT sponsors: Evidence of emerging REIT markets in Asia” Journal of Real Estate Portfolio Management,” Vol. 17, No. 2, pp 127-138

14. Cheok, Shan Min Charmaine, Sing, Tien Foo and Tsai, I-Chun (2011) “Diversification as a value-adding strategy for Asian REITs: A Myth or Reality?” International Real Estate Review, Vol. 14, No. 2, pp. 184-207.

15. Sham, Hui Ting, Sing, Tien Foo, and Tsai I-Chun (2009) “Are there efficiency gains for larger Asian REITs?” A special issue on “property finance and investment in Asia,” Journal of Financial Management of Property and Construction, Vol. 14 No. 3, pp. 231-247.

16. Sing, Tien Foo, Deng, Leiteng and Wang, Hong (2007) “Tests of Common Real Estate Risk Premia in a Time-Varying Expected Return Framework” Journal of Property Investment & Finance, Vol. 25, No. 4, pp. 359-369.

17. Ooi, Thian Leong Joseph, Newell, Graeme and Sing, Tien Foo (2006) “The Growth of REIT Markets in Asia” Journal of Real Estate Literature, Vol. 14, No. 2, pp. 203-222.

18. Chen, Ming-Chi and Sing, Tien Foo (2006) “Common Structural Time Series Components in Inflation and Residential Property Prices” Journal of Real Estate Portfolio Management, Vol. 12, No. 1, pp. 23-36.

19. Ho, Kim Hin David, Ong, Seow Eng and Sing, Tien Foo (2006) “Asset Allocation – International Real Estate Investment Strategy under a Workable Analytic-Hierarchy-Process (AHP)” Journal of Property Investment & Finance, Vol. 24, No. 4, pp. 324-342.

20. Sing, Tien Foo, Ooi, Thian Leong Joseph, Wong, Ah Long and Lum, Kok Keong Patrick (2006) “Network Connectivity and Office Occupiers' Space Decision: The Case of Suntec City” Journal of Property Investment & Finance, Vol. 24, No. 4, pp. 221-238.

21. Lai, Neng Rose, Ong, Seow Eng and Sing, Tien Foo (2005) “Values of Mortgages with Top-Up Payment Options” International Journal of Theoretical and Applied Finance, Vol.9, No. 5, pp.801-824.

22. Sing, Tien Foo (2005) “Impact of Information and Communications Technology (ICT) on Real Estate Space: Perspective of Office Occupiers” Journal of Property Investment and Finance, Vol. 23, No. 6, pp. 494-505.

23. Patel, Kanak, Paxson, Dean and Sing, T.F., “Practical Uses of Real Property Options” RICS Foundation Research Paper Series 2004.

24. Sing, Tien Foo, Ong, Seow Eng, Fan Gang-zhi and Lim, Kian Guan (2005) “Pricing Credit Risk of Asset-Backed Securitization Bonds in Singapore” International Journal of Theoretical and Applied Finance, Vol. 8, No. 3, pp. 321-338.

25. Sing, Tien Foo, Ong, Seow Eng and Ng Kah Hwa (2004) “Commercial Mortgage Backed Securitization in Singapore: The Challenges Ahead” Real Estate Finance, Vol. 21, No. 3, pp. 14-27.

26. Brown, Gerald R. and Sing, Tien Foo (2004) “Equilibrium Time on the Market (ETOM) for Commercial Real Estate in the UK” The Gerald Brown Memorial Issue, Journal of Property Investment & Finance, Vol. 22, No. 6, pp. 458-471.

27. Fan, Gang-zhi, Sing, Tien Foo, Ong, Seow Eng and Sirmans, C.F. (2004) “Governance and Optimal Financing for Asset-Backed Securitization” Journal of Property Investment & Finance, Vol. 22, No. 5, pp 414-434.

28. Sing, Tien Foo and Lim, Chen Wan Jenny (2004) “Value of Collective Effort: Redevelopment Timing Options of Enbloc Sale Sites in Singapore” Pacific Rim Property Research Journal， Vol. 10, No. 2, pp. 193-214.

29. Chu, Yongqiang and Sing, Tien Foo (2004) “Inflation Hedging Characteristics of Chinese Real Estate Market” Journal of Real Estate Portfolio Management, Vol. 10, No. 2, pp. 145- 154.

30. Sing, Tien Foo and Ong, Seow Eng (2004) “Residential Mortgage Backed Securitization in Asia: The Singapore Experience” Journal of Real Estate Literature, Vol. 12, No. 2, pp. 159-180.

31. Sing, Tien Foo and Tang, Wei Liang (2004) “Valuing Leasing Risks in Commercial Property with a Discrete-Time Binomial Tree Option Model” Journal of Property Investment & Finance, Vol. 22, No. 2, pp. 173-191.

32. Sing, Tien Foo and Ling, Sze Chi (2003) “The Role of Singapore REITs in A Downside Risk Asset Allocation Framework” Journal of Real Estate Portfolio Management, Vol. 9, No. 3, pp. 219-236.

33. Sing, Tien Foo and Sng, Sok Beng Stephanie (2003) “Conditional Variance Tests of Integration Between Direct and Indirect Real Estate Markets” Journal of Property Investment & Finance, Vol. 21, No. 4, pp. 366-382.

34. Ong, Seow Eng, Cheng, Fook Jam, Boon, Boaz. and Sing, Tien Foo (2003) “Oligopolistic Bidding and Pricing in Residential Property Development” Journal of Property Investment & Finance, Vol 21 No. 2, pp.154-189.

35. Sing, Tien Foo, Lee, Kim Pang Juvette and Wong, Ah Long (2002) “Network Effects and Broadband Connectivity in Office Building” International Real Estate Review, Vol. 5, No. 1, pp. 146-168.

36. Sing, Tien Foo, Ho, Kim Hin David and Mak, Mei Fong Evelyn (2002) “Real Estate Market Reaction to Public Listings and Acquisition News of Malaysia REITs” Journal of Real Estate Portfolio Management, Vol. 8, No. 3, pp. 209-228.

37. Sing, Tien Foo, Yu, Shi Ming and Ong, Seow Eng (2002) “’White’ Site Valuation: A Real Option Approach” Pacific Rim Property Research Journal, Vol. 8, No. 2, pp. 140-157.

38. Sing, Tien Foo, Liow, Kim Hiang and Chan, W.J, (2002) “Mean Reversion of Singapore Property Stock Prices towards Their Fundamental Values” Journal of Property Investment & Finance, Vol. 20, No. 4, pp.374-387.

39. Sing, Tien Foo (2002) “Renewal Options in Industrial Leases of Jurong Town Corporation” a Special Issue of the World Valuation Congress, Journal of Property Investment & Finance, Vol. 22, No. 3, pp. 222-241.

40. Sing, Tien Foo (2002) “Irreversibility and Uncertainty in Property Investment” Journal of Financial Management of Property and Construction, Vol.7, No.1, pp.17-29.

41. Sing, Tien Foo and Ho, Kim Hin David and Tay, Poh Huat Danny (2002) “A Fuzzy Discounted Cash Flow Analysis for Real Estate Investment” in Wang, Ko and Wolverton, Marvin L. (Editors), Real Estate Valuation Theory, (Research Issues in Real Estate, Vol. 8), American Real Estate Society (ARES) Monograph, Chapter 17, pp.389-410.

42. Sing, Tien Foo (2001), “Dynamics of Condominium Market in Singapore” International Real Estate Review, Vol. 4, No. 1, pp. 135-158.

43. Sing, Tien Foo and Patel, Kanak (2001) “Empirical Evaluation of the Value of Waiting to Invest” Journal of Property Investment & Finance. Vol. 19, No. 5. pp. 535-553.

44. Sing, Tien Foo and Zhong, Qi (2001) “Construction & Real Estate Network (CORENET)” Facilities, Vol. 19, No. 11/12, pp 419-427.

45. Sing, Tien Foo and Patel, Kanak (2001) “Effects of Portfolio Diversification on Property Investment Company Stock Prices; 1983-1994” Journal of Property Investment & Finance, Vol. 19, No. 4, pp. 390-411.

46. Sing, Tien Foo (2001) “Is Property Stock Market Efficient in the Weak Form? Singapore’s Evidence” Journal of Financial Management of Property and Construction, Vol. 6, No. 1, pp. 3-18.

47. Sing, Tien Foo and Low, Swee Hiang Yvonne (2001) “A Comparative Analysis of Inflation-Hedging Characteristics of Property and Non-Property Assets in Singapore” Journal of Real Estate Portfolio Management, Vol. 6, No. 4, pp. 373-386.

48. Sing, Tien Foo (2001) “Optimal Timing of Development under Uncertainty” Journal of Property Investment & Finance, Vol. 19, No.1, pp. 35-52.

49. Sing, Tien Foo and Patel, Kanak (2001) “Evidence of Irreversibility in the UK Property Market” The Quarterly Review of Economics and Finance, Vol. 41, No.3, pp. 313-334.

50. Ong, Seow Eng, Ooi, Thian Leong Joseph and Sing, Tien Foo (2000) ”Asset Securitization in Singapore: A Tale of Three Vehicles” Real Estate Finance, Vol. 17, No.2, pp.47-56.

51. Sing, Tien Foo and Ong, Seow Eng (2000) “Asset Allocation in A Downside Risk Framework” Journal of Real Estate Portfolio Management, Vol.6, No.3, pp. 213-224.

52. Ong, Seow Eng and Sing, Tien Foo (1999) “The Threshold Upgradability Index” Real Estate Time, Vol. 2, No. 1, pp. 14-20.