{"id":5628,"date":"2014-09-19T19:16:22","date_gmt":"2014-09-19T19:16:22","guid":{"rendered":"http:\/\/www.fortunetimes.sg\/cn\/?p=5628"},"modified":"2014-09-19T19:16:22","modified_gmt":"2014-09-19T19:16:22","slug":"32303133E5B9B4EFBC8CE5AF8CE8B4B5E999A9E4B8ADE6B182EFBC9F","status":"publish","type":"post","link":"https:\/\/az.c.adneti.net\/cn\/?p=5628","title":{"rendered":"2013\u5e74\uff0c\u5bcc\u8d35\u9669\u4e2d\u6c42\uff1f"},"content":{"rendered":"

\n\t <\/p>\n

\n\t2012<\/strong>\u5e74\u7ed3\u675f\u4e86\uff0c\u4f46\u623f\u4ea7\u4ef7\u683c\u5374\u6ca1\u6709\u5982\u5404\u5927\u623f\u4ea7\u5206\u6790\u5e08\u5728\u5e74\u521d\u6240\u9884\u6d4b\u7684\u8d70\u4f4e\uff0c\u76f8\u53cd\u7684\uff0c\u79c1\u4eba\u4f4f\u5b85\u4ef7\u683c\u8fd8<\/strong>\u7f13\u7f13\u8d70\u9ad8\uff0c\u9500\u552e\u91cf\u66f4\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\u3002\u773c\u4e0b\uff0c\u5e02\u573a\u5bf9<\/strong>2013<\/strong>\u5e74\u7684\u623f\u4ef7\u8d70\u52bf\u770b\u6cd5\u4e0d\u4f9d\uff0c\u300a\u65f6\u4ee3\u8d22\u667a\u300b\u6709\u4f55\u89c1\u89e3\uff1f<\/strong><\/p>\n

\n\t\u5728\u5206\u6790\u653f\u5e9c\u7ec4\u5c4b\u4e4b\u524d\uff0c\u4e0d\u59a8\u5148\u56de\u987e\u4e00\u4e0b\uff0c\u56fd\u5bb6\u53d1\u5c55\u90e8\u957f\u8bb8\u6587\u8fdc\u4e0d\u4e45\u524d\u9488\u5bf9\u4e00\u4e9b\u65b0\u52a0\u5761\u5730\u533a\u5982\u78a7\u5c71(Bishan)\u548c\u5973\u7687\u9547(Queenstown)\u7684\u8f6c\u552e\u7ec4\u5c4b\u4ef7\u683c\u548c\u7ec4\u5c4b\u6ea2\u4ef7(cash over valuation, COV) \u521b\u4e0b\u65b0\u9ad8\u6240\u8bf4\u7684\u4e00\u756a\u8bdd\u3002<\/p>\n

\n\t\u4ed6\u5401\u8bf7\u516c\u4f17\u65e0\u9700\u8fc7\u4e8e\u60ca\u8bb6\uff0c\u56e0\u4e3a\u90a3\u4e9b\u53ea\u662f\u7279\u6b8a\u4f8b\u5b50\uff0c\u66f4\u91cd\u8981\u7684\u662f\u5927\u90e8\u5206\u7684\u7ec4\u5c4b\u662f\u65b0\u52a0\u5761\u4eba\u53ef\u8d1f\u62c5\u5f97\u8d77\u7684\u3002<\/p>\n

\n

\n\t\t\u88ab\u95ee\u53ca\u8f6c\u552e\u6ea2\u4ef7\u518d\u5ea6\u56de\u5347\uff0c\u662f\u5426\u9700\u8fdb\u4e00\u6b65\u91c7\u53d6\u964d\u6e29\u63aa\u65bd\uff1f\u8bb8\u6587\u8fdc\u8bf4\uff1a“\u5927\u4f53\u4e0a\u4e0d\u9700\u8981\uff0c\u56e0\u4e3a\u5e02\u573a\u5df2\u7ecf\u6709\u8bb8\u591a\u63aa\u65bd\u3002”\u4ed6\u4e5f\u8ba4\u4e3a\uff0c\u65e0\u9700\u82b1\u65f6\u95f4\u505a\u6708\u548c\u6708\u4e4b\u95f4\u4ef7\u683c\u7684\u6bd4\u8f83\uff0c“\u91cd\u8981\u7684\u8fd8\u662f\u770b\u5927\u5c40\u9762\uff0c\u73b0\u5728\u4e0e12\u4e2a\u6708\u524d\u76f8\u6bd4\uff0c\u5c40\u52bf\u5df2\u7ecf\u4e0d\u4e00\u6837\u4e86\u3002”<\/p>\n

\n\t\t\u4ece\u8bb8\u6587\u8fdc\u7684\u8c08\u8bdd\u53ef\u770b\u51fa\uff0c\u653f\u5e9c\u5bf9\u77ed\u671f\u5185\u7ec4\u5c4b\u4ef7\u683c\u7684\u5e72\u6d89\u51e0\u4e4e\u5c06\u662f\u96f6\uff0c\u4e5f\u5c31\u662f\u8bf4\uff0c\u7ec4\u5c4b\u4ef7\u683c\u57fa\u672c\u4e0a\u5c06\u53d6\u51b3\u4e8e\u5e02\u573a\u7684\u4f9b\u9700\u56e0\u7d20\u3002<\/p>\n

\n\t\t\u5efa\u5c4b\u5c40\u53bb\u5e74\u5df2\u63a8\u51fa\u5c06\u8fd13\u4e07\u4e2a\u9884\u8d2d\u7ec4\u5c4b(BTO)\uff0c\u5305\u62ec\u4f4d\u4e8e\u52ff\u6d1b\u3001\u8521\u539d\u6e2f\u3001\u5973\u7687\u9547\u3001\u5927\u5df4\u7a91\u548c\u76db\u6e2f\u7684\u9884\u8d2d\u7ec4\u5c4b\u3002<\/p>\n

\n\t\t\u53e6\u5916\uff0c\u653f\u5e9c\u5c06\u8ba9\u5355\u8eab\u56fd\u6c11\u4e5f\u53ef\u8d2d\u4e70\u65b0\u7ec4\u5c4b\u7684\u653f\u7b56\uff0c\u9884\u8ba12013\u5e74\u51fa\u53f0\u3002\u5728\u65b0\u653f\u7b56\u4e0b\uff0c\u5355\u8eab\u8d2d\u5c4b\u8005\u5e74\u9f84\u9650\u5236\u9884\u8ba1\u4f1a\u8bbe\u5728\u81f3\u5c1135\u5c81\uff1b\u53ef\u4e70\u7684\u9884\u8d2d\u7ec4\u5c4b\u5927\u5c0f\u6709\u9650\u5236\uff1b\u7ec4\u5c4b\u53ea\u4f9b\u4e2a\u4eba\u5c45\u4f4f\uff0c\u4e0d\u53ef\u51fa\u79df\u7b49\u3002<\/p>\n

\n\t\t\u653f\u5e9c\u5f3a\u8c03\u4e0d\u4f1a\u56e0\u63a8\u884c\u8ba9\u5355\u8eab\u8005\u53ef\u4ee5\u8d2d\u4e70\u9884\u8d2d\u7ec4\u5c4b\u7684\u63aa\u65bd\uff0c\u800c\u5bfc\u81f4\u65b0\u5a5a\u592b\u59bb\u7684\u8d2d\u5c4b\u673a\u4f1a\u51cf\u5c11\u3002\u653f\u5e9c\u9884\u8ba1\u5355\u8eab\u8005\u5bf9\u9884\u8d2d\u7ec4\u5c4b\u7684\u9700\u6c42\u4e0d\u4f1a\u5c0f\uff0c\u56e0\u6b64\u4ed6\u5e0c\u671b\u80fd\u5faa\u5e8f\u6e10\u8fdb\u5730\u63a8\u884c\u8ba1\u5212\uff0c\u4f8b\u5982\u5728\u5f00\u59cb\u65f6\u8bbe\u4e0b\u4e00\u4e9b\u521d\u6b65\u9650\u5236\uff0c\u800c\u53e6\u4e00\u5408\u7406\u7684\u65b9\u6cd5\u662f\u57282013\u5e74\u63a8\u51fa\u66f4\u591a\u7684\u9884\u8d2d\u7ec4\u5c4b\u3002<\/p>\n

\n\t\t\u4e5f\u5c31\u662f\u8bf4\uff0c2013\u5e74\uff0c\u653f\u5e9c\u79ef\u6781\u63a8\u51fa\u9884\u8d2d\u7ec4\u5c4b\u7684\u7b56\u7565\u9884\u8ba1\u5c06\u4f1a\u6301\u7eed\uff0c\u4f46\u662f\uff0c\u7531\u4e8e\u9884\u8d2d\u7ec4\u5c4b\u7684\u5efa\u9020\u5de5\u7a0b\u4e00\u822c\u9700\u8981\u4e09\u5e74\u7684\u65f6\u95f4\u624d\u4f1a\u7ae3\u5de5\uff0c\u56e0\u6b64\u8fd9\u4e00\u4e24\u5e74\u6240\u63a8\u51fa\u7684\u4f9b\u5e94\u5fc5\u987b\u8981\u52302014\u62162015\u5e74\u624d\u843d\u5b9e\uff0c\u800c\u8fd9\u5b9e\u8d28\u4e0a\u5bf9\u76ee\u524d\u8f6c\u552e\u7ec4\u5c4b\u7684\u4ef7\u683c\u5e76\u4e0d\u4f1a\u6709\u5f71\u54cd\u3002<\/p>\n

\n\t\t\u8f6c\u552e<\/strong>\u7ec4\u5c4b\u4ef7\u683c\u589e\u6da8\u6599\u653e\u7f13<\/strong><\/p>\n

\n\t\t\u6309\u7167\u8fd9\u6837\u7684\u63a8\u7406\uff0c\u8f6c\u552e\u7ec4\u5c4b\u7684COV\u6599\u4e0d\u4f1a\u57282013\u5e74\u663e\u8457\u6ed1\u843d\uff0c\u800c\u8f6c\u552e\u4ef7\u683c\u76f8\u4fe1\u4ecd\u4f1a\u7ef4\u6301\u5728\u53bb\u5e74\u7684\u6c34\u5e73\u3002\u4e0d\u8fc7\uff0c\u7531\u4e8e\u653f\u5e9c\u5c06\u628a\u9884\u8d2d\u7ec4\u5c4b\u5e02\u573a\u5f00\u653e\u7ed9\u5355\u8eab\u8005\u8d2d\u4e70\uff0c\u56e0\u6b64\u5355\u8eab\u8005\u8d2d\u4e70\u8f6c\u552e\u7ec4\u5c4b\u7684\u9700\u6c42\u6599\u5c06\u5728\u4eca\u5e74\u8d77\u5f00\u59cb\u51cf\u5c11\uff0c\u4e0d\u8fc7\u5728\u521d\u671f\u9636\u6bb5\u76f8\u4fe1\u4e0d\u4f1a\u5bf9\u8f6c\u552e\u7ec4\u5c4b\u5e02\u573a\u9020\u6210\u663e\u8457\u5f71\u54cd\u3002<\/p>\n

\n\t\t\u5efa\u5c4b\u5c40\u5df2\u7ecf\u505c\u6b62\u4e86\u516c\u5e03\u6574\u4f53\u7ec4\u5c4b\u6ea2\u4ef7\u7684\u505a\u6cd5\uff0c\u4f46\u4ecd\u63d0\u4f9b\u5404\u533a\u4e0d\u540c\u7c7b\u578b\u7ec4\u5c4b\u7684\u6ea2\u4ef7\u4e2d\u4f4d\u6570\u3002\u6570\u636e\u663e\u793a\uff0c\u53bb\u5e74\u5927\u90e8\u5206\u5730\u533a\u51e0\u4e4e\u6240\u6709\u7c7b\u578b\u7ec4\u5c4b\u6ea2\u4ef7\u90fd\u4e0a\u6da8\uff0c\u70ed\u95e8\u5730\u533a\u7684\u6da8\u5e45\u5c24\u5176\u660e\u663e\uff0c\u5982\u679c\u8981\u505a\u51fa\u4e00\u4e2a\u5168\u5e74\u6574\u4f53\u7684\u5e73\u5747\u63a8\u6d4b\uff0c\u300a\u65f6\u4ee3\u8d22\u667a\u300b\u76f8\u4fe1\u53bb\u5e74\u7684\u8f6c\u552e\u7ec4\u5c4b\u6ea2\u4ef7\u589e\u5e45\u57288\uff05\u5de6\u53f3\u3002<\/p>\n

\n\t\t\u8fc8\u51652013\u5e74\uff0c\u4e00\u4e9b\u70ed\u95e8\u5730\u533a\u6240\u8c13\u7684“\u7279\u6b8a”\u8f6c\u552e\u7ec4\u5c4b\u5355\u4f4d\u4e4b\u4ef7\u683c\u76f8\u4fe1\u8fd8\u4f1a\u521b\u4e0b\u65b0\u9ad8\uff0c\u4e0d\u8fc7\uff0c\u300a\u65f6\u4ee3\u8d22\u667a\u300b\u4e5f\u76f8\u4fe1\uff0c\u8fd9\u4e9b\u4f8b\u5b50\u5c06\u4f1a\u8d8a\u6765\u8d8a\u9891\u7e41\uff0c\u5e76\u9884\u6d4b\u6574\u4f53\u8f6c\u552e\u7ec4\u5c4b\u6ea2\u4ef7\u7684\u589e\u5e45\u4f1a\u56e0\u4e3a\u5355\u8eab\u8005\u53ef\u4ee5\u8d2d\u4e70\u65b0\u7ec4\u5c4b\u800c\u6709\u6240\u653e\u7f13\uff0c\u589e\u5e45\u5927\u7ea6\u4e3a4%\u3002<\/p>\n

\n\t\t\u53e6\u4e00\u8fb9\u53a2\uff0c\u5728\u8c08\u5230\u79c1\u5b85\u4ef7\u683c\u8d70\u52bf\u524d\uff0c\u5176\u4e2d\u4e00\u4e2a\u80fd\u591f\u5f71\u54cd\u4ef7\u683c\u7684\u56e0\u7d20\u5c31\u662f\u65b0\u52a0\u5761\u7684\u7ecf\u6d4e\u8868\u73b0\u4e43\u81f3\u5168\u7403\u7684\u5b8f\u89c2\u7ecf\u6d4e\u3002\u867d\u7136\u65b0\u52a0\u5761\u7ecf\u6d4e\u786e\u5b9e\u6b63\u5728\u8d70\u8f6f\uff0c\u800c\u4e14\u5230\u4e862013\u5e74\u9884\u8ba1\u4e5f\u4e0d\u4f1a\u5f3a\u529b\u56de\u5f39\uff0c\u4f46\u300a\u65f6\u4ee3\u8d22\u667a\u300b\u76f8\u4fe1\uff0c\u65b0\u52a0\u5761\u7684\u7ecf\u6d4e\u8d70\u52bf\u5e76\u4e0d\u81f3\u4e8e\u4f1a\u4ee4\u80a1\u5e02\u6216\u623f\u5730\u4ea7\u5e02\u573a\u51fa\u73b0\u60b2\u5929\u60af\u4eba\u7684\u60c5\u666f\u3002<\/p>\n

\n\t\t\u79c1\u5b85\u4ef7\u683c\u9ecf\u6027\u5f3a\uff0c\u6216\u5c0f\u5e45\u4e0b\u8c03<\/strong><\/p>\n

\n\t\t\u81f3\u4e8e\u5168\u7403\u7ecf\u6d4e\uff0c\u867d\u7136\u4ecd\u4e0d\u660e\u6717\uff0c\u4e5f\u6ca1\u6709\u83b7\u5f97\u663e\u8457\u7684\u6539\u53d8\uff0c\u4f46\u662f\u6b27\u5143\u533a\u7684\u60c5\u51b5\u5374\u6709\u6240\u7f13\u89e3\uff0c\u867d\u7136\u6ca1\u6709\u5f97\u5230\u6839\u6cbb\uff0c\u4f46\u57fa\u672c\u4e0a\u5df2\u7ecf\u6682\u65f6\u88ab\u538b\u5236\u4e0b\u6765\uff1b\u7f8e\u56fd\u7684\u7b2c\u4e09\u8f6e\u91cf\u5316\u5bbd\u677e\uff08QE3\uff09\u653f\u7b56\u51fa\u53f0\u540e\uff0c\u77ed\u671f\u5185\u6d41\u52a8\u8d44\u91d1\u4e5f\u5c06\u7ee7\u7eed\u5145\u88d5\uff0c\u6574\u4f53\u7ecf\u6d4e\u60c5\u51b5\uff0c\u867d\u7136\u6ca1\u6709\u5927\u597d\u6216\u5927\u574f\uff0c\u4f46\u4e5f\u6ca1\u6709\u8ba9\u4eba\u63aa\u624b\u4e0d\u53ca\uff0c\u81f3\u4e8e\u7f8e\u56fd\u6240\u9762\u5bf9\u7684“\u8d22\u653f\u60ac\u5d16”\uff08fiscal cliff\uff09\u6599\u4e0d\u4f1a\u6f14\u53d8\u6210\u7ecf\u6d4e\u60e8\u7978\u4e43\u81f3\u5728\u77ed\u671f\u5185\u5b9e\u8d28\u5f71\u54cd\u5168\u7403\u7ecf\u6d4e\uff0c\u56e0\u6b64\u5728\u8fd9\u6837\u4e00\u4e2a\u4e0e2012\u5e74\u4e0d\u76f8\u4e0a\u4e0b\u7684\u7ecf\u6d4e\u5927\u73af\u5883\u4e0b\uff0c\u80fd\u591f\u5de6\u53f3\u65b0\u52a0\u5761\u79c1\u5b85\u4ef7\u683c\u7684\u56e0\u7d20\uff0c\u4e5f\u548c\u7ec4\u5c4b\u5e02\u573a\u4e00\u6837\u3001\u53d6\u51b3\u4e8e\u5e02\u573a\u7684\u4f9b\u9700\u56e0\u7d20\u3002<\/p>\n

\n\t\t\u53bb\u5e74\u7684\u79c1\u5b85\u9500\u552e\u91cf\u4e0d\u4f46\u8d85\u8d8a\u4e86\u4e4b\u524d\u57282010\u5e74\u6240\u521b\u4e0b\u76841\u4e076292\u4e2a\u5355\u4f4d\u7684\u6700\u9ad8\u7eaa\u5f55\uff0c\u6574\u4f53\u9500\u552e\u91cf\u751a\u81f3\u5c06\u8d85\u8fc72\u4e07\u5355\u4f4d\u3002                                                             <\/p>\n

\n\t\t\u8fdb\u51652013\u5e74\uff0c\u8bb8\u591a\u5927\u578b\u623f\u5730\u4ea7\u53d1\u5c55\u5546\u56e0\u4e3a\u6709\u96c4\u539a\u7684\u8d22\u529b\uff0c\u56e0\u6b64\u5728\u63a8\u51fa\u65b0\u5355\u4f4d\u65f6\u9884\u8ba1\u5c06\u7ee7\u7eed\u9009\u62e9\u4e0d\u628a\u5355\u4f4d\u5356\u5b8c\uff0c\u4e5f\u4e0d\u964d\u4ef7\uff0c\u8ba9\u4ef7\u683c\u7ee7\u7eed\u6709\u9ecf\u6027\uff0c\u56e0\u6b64\u5728\u9500\u552e\u91cf\u65b9\u9762\u5e94\u8be5\u4e0d\u4f1a\u6bd4\u53bb\u5e74\u66f4\u9ad8\u3002<\/p>\n

\n\t\t2015<\/strong>\u5e74\u6599\u662f\u4f4e\u6f6e\u70b9<\/strong><\/p>\n

\n\t\t\u5982\u679c\u4ee5\u300a\u65f6\u4ee3\u8d22\u667a\u300b\u4e3a\u623f\u5730\u4ea7\u5e02\u573a\u7684\u5468\u671f\u6240\u5b9a\u4e0b\u7684\u65b0\u5b9a\u4e49\u6765\u770b\uff0c\u623f\u5730\u4ea7\u5e02\u573a\u5176\u5b9e\u8fd9\u51e0\u5e74\u4e00\u76f4\u5728\u8f6c\u53d8\uff0c\u5176\u4ef7\u683c\u57282008\u5e74\u91d1\u878d\u98ce\u66b4\u65f6\u8d70\u4e0b\u5761\uff0c\u867d\u7136\u8dcc\u5e45\u4e0d\u5927\uff0c\u800c\u4e14\u56de\u5f39\u901f\u5ea6\u60ca\u4eba\uff0c\u4e0d\u8fc7\uff0c\u90a3\u5f88\u53ef\u80fd\u5c31\u662f\u4e00\u4e2a\u4f4e\u6f6e(trough) \uff0c\u800c2012\u5e74\u5e94\u8be5\u79f0\u5f97\u4e0a\u662f\u9ad8\u6f6e(crest)\uff1b\u4e5f\u5c31\u662f\u8bf4\uff0c2013\u5e74\uff0c\u623f\u5730\u4ea7\u5e02\u573a\u5e94\u8be5\u5f00\u59cb\u5f80\u4e0b\u8d70\u4e86\u3002<\/p>\n

\n\t\t\u5230\u4e862015\u5e74\uff0c\u5f53\u79c1\u5b85\u4f9b\u5e94\u91cf\u8fbe\u5230\u9ad8\u5cf0\u65f6\uff0c\u300a\u65f6\u4ee3\u8d22\u667a\u300b\u76f8\u4fe1\uff0c\u90a3\u5c06\u662f\u53e6\u4e00\u4e2a\u4f4e\u6f6e\u70b9\uff0c\u4e0d\u8fc7\uff0c\u548c2008\u5e74\u4e00\u6837\uff0c\u623f\u4ef7\u5c4a\u65f6\u867d\u7136\u89e6\u5e95\uff0c\u4f46\u662f\u53ef\u80fd\u8dcc\u5e45\u4e0d\u5927\uff0c\u5e45\u5ea6\u53ef\u80fd\u4f1a\u572810%\u6216\u4ee5\u4e0b\uff0c\u548c\u4ee5\u5f80\u6240\u8c13\u7684“\u5e38\u6001”\u4f4e\u6f6e\u6240\u770b\u5230\u7684\u8dcc\u5e45\u5dee\u5f88\u8fdc\u3002<\/p>\n

\n\t\t\u4f46\u662f\uff0c\u8981\u77e5\u9053\u7684\u662f\uff0c\u623f\u5e02\u5df2\u7ecf\u548c\u5168\u7403\u7ecf\u6d4e\u4e00\u6837\uff0c\u4e0d\u80fd\u591f\u4ee5“\u5e38\u6001”\u53bb\u8fdb\u884c\u5206\u6790\uff0c\u800c\u662f\u4f1a\u5728\u6f14\u53d8\u7684\u8fc7\u7a0b\u4e2d\u51fa\u73b0\u8fdd\u53cd“\u5e38\u6001”\u7684\u73b0\u8c61\u53ca\u60c5\u666f\u3002\u5c31\u4ee5\u5168\u7403\u7ecf\u6d4e\u4e3a\u4f8b\uff0c\u5728\u8fc7\u53bb50\u5e74\u4ee5\u6765\uff0c\u7f8e\u56fd\u7684\u7ecf\u6d4e\u4f55\u65f6\u6709\u5982\u6b64\u6076\u52a3\u8fc7\uff1f\u6b27\u6d32\u56fd\u5bb6\u4f55\u65f6\u6709\u5982\u6b64\u72fc\u72c8\u8fc7\uff1f\u4e2d\u56fd\u4f55\u65f6\u6709\u5982\u6b64\u5bcc\u5f3a\u8fc7\uff1f\u6709\u8c01\u80fd\u591f\u9884\u6599\u5230\uff0c\u96f7\u66fc\u5144\u5f1f(Lehman Brothers)\u6216MF Global\u4f1a\u5012\u95ed\uff1f\u6b27\u6d32\u5f3a\u56fd\u4f1a\u503a\u52a1\u7d2f\u7d2f\uff1f\u8fd9\u4e9b\u90fd\u4e0d\u662f\u5e38\u6001\u6216\u5386\u53f2\u6570\u636e\u53ef\u4ee5\u89e3\u91ca\u7684\uff0c\u4e5f\u4e0d\u662f\u5206\u6790\u5e08\u53ef\u4ee5\u63a8\u7b97\u51fa\u6765\u7684\u5c40\u9762\u3002<\/p>\n

\n\t\t\u7136\u800c\uff0c\u867d\u7136\u623f\u4ef7\u57282013\u5e74\u9884\u8ba1\u4f1a\u8d70\u8f6f\uff0c\u4f46\u662f\uff0c\u6839\u636e\u300a\u65f6\u4ee3\u8d22\u667a\u300b\u7684“\u4e00\u822c\u60c5\u5883”(baseline scenario)\uff0c\u5927\u4f17\u79c1\u5b85\u5728\u5168\u5e74\u51fa\u73b05\uff05\u7684\u8d44\u672c\u503c (capital value depreciation)\u4e0b\u8c03\u662f\u6709\u53ef\u80fd\u7684\u3002<\/p>\n

\n\t\t\u4ee5“\u978b\u76d2\u516c\u5bd3” (shoe-box apartments) \u4e3a\u4f8b\uff0c\u8fd9\u7c7b\u79c1\u5b85\u7684\u6570\u91cf\u5728\u8fc7\u53bb\u56db\u5e74\u91cc\u589e\u52a0\u8fd1\u56db\u500d\uff0c\u5c3a\u4ef7\u4e5f\u4e0d\u65ad\u6500\u9ad8\uff0c\u6709\u4e9b\u65b0\u53d1\u5c55\u9879\u76ee\u7684\u978b\u76d2\u516c\u5bd3\u66f4\u5360\u603b\u5355\u4f4d\u6570\u91cf\u7684\u516b\u6210\uff0c\u800c\u5e02\u533a\u91cd\u5efa\u5c40(URA)\u4e5f\u8868\u793a\uff0c\u968f\u7740\u65b0\u79c1\u5b85\u9879\u76ee\u6709\u8d8a\u6765\u8d8a\u591a\u7684\u978b\u76d2\u516c\u5bd3\uff0c\u8fd9\u5c06\u5bfc\u81f4\u5df2\u5efa\u6210\u7684\u978b\u76d2\u516c\u5bd3\u6570\u91cf\u57282015\u5e74\u5e95\u8fbe\u5230\u7ea61\u4e071000\u4e2a\uff0c\u51e0\u4e4e\u662f2011\u5e742400\u4e2a\u5355\u4f4d\u7684\u4e94\u500d\u3002\u5728\u4f9b\u5e94\u4e0d\u65ad\u589e\u52a0\u7684\u60c5\u51b5\u4e0b\uff0c\u978b\u76d2\u516c\u5bd3\u7684\u5c3a\u4ef7\u76f8\u4fe1\u4e0d\u4f1a\u518d\u5448\u5927\u5e45\u5ea6\u7684\u589e\u957f\u3002<\/p>\n

\n\t\t\u4e1c\u90e8\u5730\u94c1\u7ebf\u6599\u5c06\u63a8\u9ad8\u5c3a\u4ef7<\/strong><\/p>\n

\n\t\t\u4e0d\u8fc7\uff0c\u4e00\u4e9b\u5730\u70b9\u4f18\u8d8a\u7684\u79c1\u5b85\uff0c\u4f8b\u5982\u4f4d\u4e8e\u5e02\u533a\u53ca\u7b2c15\u533a\u7684\u79c1\u5b85\u76f8\u4fe1\u8fd8\u662f\u4f1a\u53d7\u5230\u4e70\u5bb6\u7684\u5782\u9752\uff0c\u79c1\u5b85\u7684\u5c3a\u4ef7\u4e0d\u4f46\u4e0d\u4f1a\u4e0b\u8dcc\uff0c\u53cd\u800c\u8fd8\u4f1a\u7ee7\u7eed\u6500\u9ad8\uff0c\u800c\u4e14\u4e00\u65e6\u653f\u5e9c\u5ba3\u5e03\u65b0\u7684\u4e1c\u90e8\u5730\u94c1\u7ebf(Eastern Region MRT Line)\u7684\u786e\u5b9e\u5730\u94c1\u7ad9\u540e\uff0c\u4e00\u4e9b\u5730\u533a\u4f8b\u5982\u5b9e\u4f01\u7eb3(siglap)\u3001\u4e1c\u6d77\u5cb8(east coast)\u3001\u9a6c\u6797\u767e\u5217 (marine parade)\u9760\u8fd1\u65b0\u5730\u94c1\u7ad9\u7684\u79c1\u5b85\uff0c\u5176\u5c3a\u4ef7\u76f8\u4fe1\u8fd8\u6709\u4e0a\u6da8\u7684\u7a7a\u95f4\u3002<\/p>\n

\n\t\t\u653f\u5e9c\u662f\u57282008\u5e74\u5ba3\u5e03\u5efa\u9020\u4e1c\u90e8\u5730\u94c1\u7ebf\uff0c\u5e76\u57282020\u5e74\u7ae3\u5de5\uff0c\u8be5\u7ebf\u5168\u7a0b21\u516c\u91cc\uff0c\u5171\u670912 \u4e2a\u5730\u94c1\u7ad9\u3002\u4e00\u822c\u76f8\u4fe1\uff0c\u653f\u5e9c\u4f1a\u5728\u4eca\u5e74\u516c\u5e03\u7ec6\u8282\uff0c\u5305\u62ec\u5730\u94c1\u7ad9\u7684\u786e\u5207\u4f4d\u7f6e\uff0c\u800c\u8fd9\u6761\u65b0\u5730\u94c1\u7ebf\u5c06\u8854\u63a5\u6a1f\u5b9c\u56fd\u9645\u673a\u573a(changi airport\uff09\u548c\u6ee8\u6d77\u6e7e(marina bay)\u5730\u94c1\u7ad9\uff0c\u574a\u95f4\u5df2\u6709\u5f88\u591a\u5bf9\u6cbf\u9014\u5730\u94c1\u7ad9\u7684\u786e\u5207\u4f4d\u7f6e\u4f20\u51fa\u8bf8\u591a\u731c\u6d4b\uff0c\u5176\u4e2d\u88ab\u8ba8\u8bba\u5f97\u6700\u4e3a\u70ed\u70c8\u7684\u662f\u9a6c\u6797\u767e\u5217\u5730\u94c1\u7ad9\u3002<\/p>\n

\n\t\t\u76f8\u53cd\u7684\uff0c\u4e00\u4e9b\u4f4d\u4e8e\u5730\u70b9\u8f83\u4e3a\u5403\u4e8f\u3001\u6216\u4f4d\u4e8e\u5df2\u7ecf\u51fa\u73b0“\u8d85\u552e”\u800c\u8fc7\u4e8e“\u62e5\u6324”\u7684\u5730\u70b9\u7684\u79c1\u5b85\uff0c\u5c3a\u4ef7\u5e94\u8be5\u4f1a\u5f00\u59cb\u8d70\u4f4e\u4e86\u3002\u8fd9\u4e9b\u5730\u70b9\u5c31\u5305\u62ec\u4e86\u699c\u9e45(punggol)\u3001\u76db\u6e2f(sengkang)\u53ca\u4e09\u5df4\u65fa(sembawang)\u3002<\/p>\n

\n\t\t \u5f53\u7136\uff0c\u5df2\u6709\u4e00\u4e9b\u5206\u6790\u5e08\u8868\u6001\u8bf4\uff0c\u7531\u4e8e\u5168\u7403\u7ecf\u6d4e\u4ecd\u4e0d\u660e\u6717\uff0c\u623f\u5c4b\u5e02\u573a\u53c8\u5728\u63a5\u4e0b\u6765\u4e24\u5e74\u91cc\u5c06\u6709\u5e9e\u5927\u7684\u6f5c\u5728\u4f9b\u5e94\uff0c\u56e0\u6b64\u6295\u8d44\u8005\u6ca1\u6709\u5fc5\u8981\u6025\u7740\u57282013\u5e74\u8fdb\u573a\uff0c\u800c\u4e14\u5982\u679c\u6b27\u5143\u533a\u7684\u60c5\u51b5\u53d1\u751f\u6076\u52a3\u53d8\u5316\u4e43\u81f3\u5bf9\u5168\u7403\u7ecf\u6d4e\u9020\u6210\u8fd1\u4e00\u6b65\u51b2\u51fb\uff0c\u72ee\u57ce\u7684\u623f\u4ef7\u8fd8\u6709\u66f4\u5927\u7684\u4e0b\u8dcc\u7a7a\u95f4\u3002<\/p>\n

\n\t\t\u4e0d\u8fc7\uff0c\u300a\u65f6\u4ee3\u8d22\u667a\u300b\u8ba4\u4e3a\uff0c\u5728\u4efb\u4f55\u65f6\u5019\u8d2d\u4e70\u623f\u5730\u4ea7\u90fd\u6709\u98ce\u9669\uff0c\u5982\u679c\u8981\u628a\u98ce\u9669\u964d\u81f3\u6700\u4f4e\uff0c\u6295\u8d44\u8005\u7406\u5e94\u7b49\u52302015\u5e74\u3001\u5f53\u79c1\u5b85\u4f9b\u5e94\u91cf\u8fbe\u5230\u9ad8\u5cf0\u65f6\u624d\u8fdb\u573a\u3002\u4e0d\u8fc7\uff0c\u6b63\u5982\u6211\u4eec\u4e4b\u524d\u6240\u8bf4\u7684\uff0c\u623f\u5e02\u5df2\u7ecf\u548c\u5168\u7403\u7ecf\u6d4e\u4e00\u6837\uff0c\u4e0d\u80fd\u591f\u4ee5“\u5e38\u6001”\u53bb\u8fdb\u884c\u5206\u6790\uff0c\u56e0\u6b64\u5230\u4e862015\u5e74\u3001\u5c4a\u65f6\u53c8\u4f1a\u51fa\u73b0\u4ec0\u4e48\u53d8\u6570\uff0c\u65e0\u4eba\u8bf4\u5f97\u51c6\u3002<\/p>\n

\n\t\t\u5173\u952e\u662f\uff0c\u6295\u8d44\u8005\u5728\u8d2d\u4e70\u623f\u5730\u4ea7\u524d\u5e94\u505a\u8db3\u7814\u7a76\uff0c\u6bd5\u7adf\u5728\u5bf8\u571f\u5982\u91d1\u7684\u65b0\u52a0\u5761\u8d2d\u5c4b\uff0c\u7b2c\u4e00\u5927\u51b3\u5b9a\u662f\u5426\u8d5a\u6216\u4e8f\u7684\u8981\u7d20\u8fd8\u662f\uff1a\u5730\u70b9(location)\uff0c\u53ea\u8981\u5730\u70b9\u9009\u5bf9\uff0c\u8d2d\u5c4b\u8005\u8ffd\u9010\u56de\u62a5\u7684\u80dc\u7b97\u5df2\u7ecf\u63d0\u9ad8\u4e86\u4e00\u534a\u3002<\/p>\n

\n\t\t\u90a3\u4e48\uff0c\u5bf9\u4e8e\u65b0\u52a0\u5761\u623f\u5e02\u800c\u8a00\uff0c2013 \u5e74\u662f\u4ec0\u4e48\u5e74\u5462\uff1f<\/p>\n

\n\t\t\u300a\u65f6\u4ee3\u8d22\u667a\u300b\u7684\u89e3\u6790\u662f\uff1a\u6ca1\u6709\u5927\u8d77\u5927\u843d\u3001\u5bcc\u8d35\u9669\u4e2d\u6c42\u7684\u4e00\u5e74\u3002<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

  2012\u5e74\u7ed3\u675f\u4e86\uff0c\u4f46\u623f\u4ea7\u4ef7\u683c\u5374\u6ca1\u6709\u5982\u5404\u5927\u623f\u4ea7\u5206\u6790\u5e08\u5728\u5e74\u521d\u6240\u9884\u6d4b\u7684\u8d70\u4f4e\uff0c\u76f8\u53cd\u7684\uff0c\u79c1\u4eba\u4f4f\u5b85\u4ef7\u683c\u8fd8\u7f13\u7f13 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-5628","post","type-post","status-publish","format-standard","hentry","category-5"],"_links":{"self":[{"href":"https:\/\/az.c.adneti.net\/cn\/index.php?rest_route=\/wp\/v2\/posts\/5628"}],"collection":[{"href":"https:\/\/az.c.adneti.net\/cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/az.c.adneti.net\/cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/az.c.adneti.net\/cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/az.c.adneti.net\/cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5628"}],"version-history":[{"count":0,"href":"https:\/\/az.c.adneti.net\/cn\/index.php?rest_route=\/wp\/v2\/posts\/5628\/revisions"}],"wp:attachment":[{"href":"https:\/\/az.c.adneti.net\/cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/az.c.adneti.net\/cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/az.c.adneti.net\/cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}