Table 1 Summary statistics of public housing resale transaction data
|  | (1) Whole sample of transactions | (2) Pre-COVID19: Jan 2018–Dec 2019 | (3) Post-COVID19: Jan 2020–Dec 2021 | |||
|---|---|---|---|---|---|---|
Number of observations | 96,028 | 43,602 | 52,426 | |||
Variable | Mean | Std. Dev | Mean | Std. Dev | Mean | Std. Dev |
Unit characteristics | ||||||
 Real price (S$) | 460,672 | 159,633 | 434,537 | 155,012 | 482,409 | 160,161 |
 Price per sqm | 4,740.91 | 1,290.56 | 4473.01 | 1,218.38 | 4,963.73 | 1,306.47 |
 % 10th or higher floor | 38.25 | 48.60 | 37.73 | 48.47 | 38.69 | 48.70 |
 % four or more rooms | 75.32 | 43.11 | 74.26 | 43.72 | 76.20 | 42.58 |
 Floor area (sqm) | 97.85 | 24.15 | 97.73 | 24.37 | 97.96 | 23.96 |
 Building age | 26.42 | 13.70 | 27.97 | 12.75 | 25.12 | 14.32 |
Location characteristics | ||||||
 Distance to the closest subway station (m) | 781.98 | 448.94 | 763.73 | 446.11 | 797.15 | 450.72 |
 % near subway (within 400 m) | 19.18 | 39.37 | 20.20 | 40.15 | 18.33 | 38.69 |
 Distance to CBD (km) | 10.42 | 4.49 | 10.58 | 4.61 | 10.28 | 4.39 |
 % near CBD (within 2 km) | 3.82 | 19.16 | 3.85 | 19.24 | 3.79 | 19.09 |
 Distance to the closest park | 1,316.28 | 685.87 | 1,331.73 | 685.68 | 1,303.43 | 685.77 |
 Distance to the closest mall | 626.10 | 360.07 | 629.71 | 364.86 | 623.09 | 356.02 |
 Distance to the closest primary school | 598.01 | 720.37 | 591.93 | 719.74 | 603.07 | 720.86 |
Temporal characteristics | ||||||
 % Post-COVID-19 | 54.59 | 49.79 | 0.00 | 0.00 | 100.00 | 0.00 |