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The '''Mahalanobis distance''' is a descriptive [[statistic]] that provides a relative measure of a data point's distance (residual) from a common point. It is a unitless measure introduced by [[Prasanta Chandra Mahalanobis|P. C. Mahalanobis]] in 1936.<ref>{{Cite journal |volume=2 |issue=1 |pages=49–55 |first=Prasanta Chandra |last=Mahalanobis |title=On the generalised distance in statistics |journal=Proceedings of the National Institute of Sciences of India |accessdate=2012-05-03 |year=1936 |url=http://www.new.dli.ernet.in/rawdataupload/upload/insa/INSA_1/20006193_49.pdf }}</ref> The Mahalanobis distance is used to identify and gauge ''similarity'' of an unknown [[sample set]] to a known one. It differs from [[Euclidean distance]] in that it takes into account the correlations of the [[data set]] and is [[Scale invariance|scale-invariant]]. In other words, it has a [[Multivariate statistics|multivariate]] [[effect size]].
 
==Definition==
 
The Mahalanobis distance of a [[Multivariate random variable|multivariate random variable]] <math>x = ( x_1, x_2, x_3, \dots, x_N )^T</math> from a group of values with mean <math>\mu = ( \mu_1, \mu_2, \mu_3, \dots , \mu_N )^T</math> and [[covariance matrix]] ''S'' is defined as:
 
:<math>D_M(x) = \sqrt{(x - \mu)^T S^{-1} (x-\mu)}.\, </math><ref>De Maesschalck, Roy; Jouan-Rimbaud, Delphine; and Massart, Désiré L. (2000); ''The Mahalanobis distance'', Chemometrics and Intelligent Laboratory Systems 50:1–18</ref>
 
Mahalanobis distance (or "generalized squared interpoint distance" for its squared value<ref>Gnanadesikan, Ramanathan; and Kettenring, John R. (1972); ''Robust estimates, residuals, and outlier detection with multiresponse data'', Biometrics 28:81–124</ref>) can also be defined as a dissimilarity measure between two [[random vector]]s <math>\vec{x}</math> and <math>\vec{y}</math> of the same [[probability distribution|distribution]] with the [[covariance matrix]]
''S'':
 
:<math> d(\vec{x},\vec{y})=\sqrt{(\vec{x}-\vec{y})^T S^{-1} (\vec{x}-\vec{y})}.\,
</math>
 
If the covariance matrix is the identity matrix, the Mahalanobis distance reduces to the
[[Euclidean distance]]. If the covariance matrix is [[Diagonal matrix|diagonal]], then the resulting distance measure is called a ''normalized Euclidean distance'':
 
:<math> d(\vec{x},\vec{y})=
\sqrt{\sum_{i=1}^N  {(x_i - y_i)^2 \over s_{i}^2}},
</math>
 
where ''s<sub>i</sub>'' is the [[standard deviation]] of the ''x<sub>i</sub>'' and ''y<sub>i</sub>'' over the sample set.
 
==Intuitive explanation==
Consider the problem of estimating the probability that a test point in ''N''-dimensional [[Euclidean space]] belongs to a set, where we are given sample points that definitely belong to that set. Our first step would be to find the average or center of mass of the sample points. Intuitively, the closer the point in question is to this center of mass, the more likely it is to belong to the set.
 
However, we also need to know if the set is spread out over a large range or a small range, so that we can decide whether a given distance from the center is noteworthy or not. The simplistic approach is to estimate the [[standard deviation]] of the distances of the sample points from the center of mass. If the distance between the test point and the center of mass is less than one standard deviation, then we might conclude that it is highly probable that the test point belongs to the set. The further away it is, the more likely that the test point should not be classified as belonging to the set.
 
This intuitive approach can be made quantitative by defining the normalized distance between the test point and the set to be <math> {x - \mu} \over \sigma </math>. By plugging this into the normal distribution we can derive the probability of the test point belonging to the set.
 
The drawback of the above approach was that we assumed that the sample points are distributed about the center of mass in a spherical manner. Were the distribution to be decidedly non-spherical, for instance ellipsoidal, then we would expect the probability of the test point belonging to the set to depend not only on the distance from the center of mass, but also on the direction. In those directions where the ellipsoid has a short axis the test point must be closer, while in those where the axis is long the test point can be further away from the center.
 
Putting this on a mathematical basis, the ellipsoid that best represents the set's probability distribution can be estimated by building the covariance matrix of the samples. The Mahalanobis distance is simply the distance of the test point from the center of mass divided by the width of the ellipsoid in the direction of the test point.
 
==Discussion==
In general, given a normal ([[Gaussian]]) random variable <math>X</math> with variance <math>S=1</math> and mean <math>\mu = 0</math>, any other normal random variable <math>R</math> can be defined in terms of <math>X</math> by the equation <math>R = \mu_1 + \sqrt{S_1}X.</math> Conversely, to recover a normalized random variable from any normal random variable, one can typically solve for <math>X = (R - \mu_1)/\sqrt{S_1} </math>. If we square both sides, and take the square-root, we will get an equation for a metric that looks a lot like the Mahalanobis distance:
 
:<math>D = \sqrt{X^2} = \sqrt{(R - \mu_1)^2/S_1} = \sqrt{(R - \mu_1) S_1^{-1} (R - \mu_1) }.</math>
 
The resulting magnitude is always non-negative and varies with the distance of the data from the mean, attributes that are convenient when trying to define a model for the data.
 
==Relationship to leverage==
Mahalanobis distance is closely related to the [[Partial leverage|leverage statistic]], ''h'', but has a different scale:<ref>Schinka, John A.; Velicer, Wayne F.; and Weiner, Irving B. (2003); ''Handbook of psychology: Research methods in psychology'', John Wiley and Sons</ref>
 
:Squared Mahalanobis distance = (''N'' − 1)(''h'' − 1/''N'').
 
==Applications==
Mahalanobis's discovery was prompted by the problem of identifying the similarities of skulls based on measurements in 1927.<ref>Mahalanobis, Prasanta Chandra (1927); ''Analysis of race mixture in Bengal'', Journal and Proceedings of the Asiatic Society of Bengal, 23:301–333<!-- It is variously quoted as 1925, 1927 or 1929, but vol. 23 is definitely 1927 --></ref>
 
Mahalanobis distance is widely used in [[Data clustering|cluster analysis]] and [[Statistical classification|classification]] techniques. It is closely related to [[Hotelling's T-square distribution]] used for multivariate statistical testing and Fisher's [[Linear Discriminant Analysis]] that is used for [[supervised classification]].<ref>McLachlan, Geoffrey J. (1992); ''Discriminant Analysis and Statistical Pattern Recognition'', Wiley Interscience, p. 12.
ISBN 0-471-69115-1</ref>
 
In order to use the Mahalanobis distance to classify a test point as belonging to one of N classes, one first estimates the covariance matrix of each class, usually based on samples known to belong to each class. Then, given a test sample, one computes the Mahalanobis distance to each class, and classifies the test point as belonging to that class for which the Mahalanobis distance is minimal.
 
Mahalanobis distance and leverage are often used to detect [[outlier]]s, especially in the development of [[linear regression]] models. A point that has a greater Mahalanobis distance from the rest of the sample population of points is said to have higher leverage since it has a greater influence on the slope or coefficients of the regression equation. Mahalanobis distance is also used to determine multivariate outliers. Regression techniques can be used to determine if a specific case within a sample population is an outlier via the combination of two or more variable scores. A point can be a multivariate outlier even if it is not a univariate outlier on any variable (consider a probability density similar to a hollow cube in three dimensions, for example).
 
Mahalanobis distance was also widely used in biology, such as predicting protein structural class,
<ref name=chou02>{{cite journal | author = Chou, Kuo-Chen | title = A novel approach to predicting protein structural classes in a (20-1)-D amino acid composition space | journal = Proteins | volume = 21 | issue = 4 | pages = 319–44 |date=April 1995 | pmid = 7567954 | doi = 10.1002/prot.340210406 }}</ref>
predicting membrane protein type,<ref>Chou, Kuo-Chen; and Elrod, David W. (1999); ''Prediction of membrane protein types and subcellular locations'', Proteins: Structure, Function, and Genetics, 34, 137–153</ref> predicting protein subcellular localization,<ref>Chou, Kuo-Chen; and Elrod, David W. (1999); ''Protein subcellular location prediction'', Protein Engineering, 12, 107–118</ref>as well as predicting many other attributes of proteins through their [[pseudo amino acid composition]]
<ref name="chou1">{{cite journal | author = Chou, Kuo-Chen | title = Prediction of protein cellular attributes using pseudo-amino acid composition | journal = Proteins | volume = 43 | issue = 3 | pages = 246–55 |date=May 2001 | pmid = 11288174 | doi = 10.1002/prot.1035| url = | issn = }}</ref>
or Chou's PseAAC,<ref name=SX2>{{cite journal | doi= 10.4236/jbise.2013.64054 |last1=Lin |first1=Sheng-Xiang |last2= Lapointe |first2= Jacques|title= Theoretical and experimental biology in one —A symposium in honour of Professor Kuo-Chen Chou’s 50th anniversary and Professor Richard Giegé’s 40th anniversary of their scientific careers|year=2013 |volume=6 | |pages=435-442 |journal=JBiSE}}</ref>
based on [[Chou's invariance theorem]], as done in the papers.
<ref name="pan01">{{cite journal | author = Pan YX, Zhang ZZ, Guo ZM, Feng GY, Huang ZD, He L | title = Application of pseudo amino acid composition for predicting protein subcellular location: stochastic signal processing approach | journal = J. Protein Chem. | volume = 22 | issue = 4 | pages = 395–402 |date=May 2003 | pmid = 13678304 | doi =10.1023/A:1025350409648 }}</ref>
<ref name="zhou01">{{cite journal | author = Zhou, Guo-Ping & Doctor, Kutbuddin | title = Subcellular location prediction of apoptosis proteins | journal = Proteins | volume = 50 | issue = 1 | pages = 44–8 |date=January 2003 | pmid = 12471598 | doi = 10.1002/prot.10251 | url = }}</ref>
 
==See also==
* [[Bregman divergence]] (the Mahalanobis distance is an example of a Bregman divergence)
* [[Bhattacharyya distance]] related, for measuring similarity between data sets (and not between a point and a data set)
* [[Hellinger distance]], also a measure of distance between data sets
* [[Similarity learning]], for other approaches to learn a distance metric from examples.
 
==References==
{{reflist}}
 
== External links ==
* {{springer|title=Mahalanobis distance|id=p/m062130}}
* [http://people.revoledu.com/kardi/tutorial/Similarity/MahalanobisDistance.html Mahalanobis distance tutorial] – interactive online program and spreadsheet computation
* [http://matlabdatamining.blogspot.com/2006/11/mahalanobis-distance.html Mahalanobis distance (Nov-17-2006)] – overview of Mahalanobis distance, including MATLAB code
* [http://blogs.sas.com/content/iml/2012/02/15/what-is-mahalanobis-distance/ What is Mahalanobis distance?] – intuitive, illustrated explanation, from Rick Wicklin on blogs.sas.com
 
{{DEFAULTSORT:Mahalanobis Distance}}
[[Category:Statistical distance measures]]
[[Category:Statistical terminology]]
[[Category:Multivariate statistics]]

Latest revision as of 13:09, 17 June 2013

The Mahalanobis distance is a descriptive statistic that provides a relative measure of a data point's distance (residual) from a common point. It is a unitless measure introduced by P. C. Mahalanobis in 1936.[1] The Mahalanobis distance is used to identify and gauge similarity of an unknown sample set to a known one. It differs from Euclidean distance in that it takes into account the correlations of the data set and is scale-invariant. In other words, it has a multivariate effect size.

Definition

The Mahalanobis distance of a multivariate random variable from a group of values with mean and covariance matrix S is defined as:

[2]

Mahalanobis distance (or "generalized squared interpoint distance" for its squared value[3]) can also be defined as a dissimilarity measure between two random vectors and of the same distribution with the covariance matrix S:

If the covariance matrix is the identity matrix, the Mahalanobis distance reduces to the Euclidean distance. If the covariance matrix is diagonal, then the resulting distance measure is called a normalized Euclidean distance:

where si is the standard deviation of the xi and yi over the sample set.

Intuitive explanation

Consider the problem of estimating the probability that a test point in N-dimensional Euclidean space belongs to a set, where we are given sample points that definitely belong to that set. Our first step would be to find the average or center of mass of the sample points. Intuitively, the closer the point in question is to this center of mass, the more likely it is to belong to the set.

However, we also need to know if the set is spread out over a large range or a small range, so that we can decide whether a given distance from the center is noteworthy or not. The simplistic approach is to estimate the standard deviation of the distances of the sample points from the center of mass. If the distance between the test point and the center of mass is less than one standard deviation, then we might conclude that it is highly probable that the test point belongs to the set. The further away it is, the more likely that the test point should not be classified as belonging to the set.

This intuitive approach can be made quantitative by defining the normalized distance between the test point and the set to be . By plugging this into the normal distribution we can derive the probability of the test point belonging to the set.

The drawback of the above approach was that we assumed that the sample points are distributed about the center of mass in a spherical manner. Were the distribution to be decidedly non-spherical, for instance ellipsoidal, then we would expect the probability of the test point belonging to the set to depend not only on the distance from the center of mass, but also on the direction. In those directions where the ellipsoid has a short axis the test point must be closer, while in those where the axis is long the test point can be further away from the center.

Putting this on a mathematical basis, the ellipsoid that best represents the set's probability distribution can be estimated by building the covariance matrix of the samples. The Mahalanobis distance is simply the distance of the test point from the center of mass divided by the width of the ellipsoid in the direction of the test point.

Discussion

In general, given a normal (Gaussian) random variable with variance and mean , any other normal random variable can be defined in terms of by the equation Conversely, to recover a normalized random variable from any normal random variable, one can typically solve for . If we square both sides, and take the square-root, we will get an equation for a metric that looks a lot like the Mahalanobis distance:

The resulting magnitude is always non-negative and varies with the distance of the data from the mean, attributes that are convenient when trying to define a model for the data.

Relationship to leverage

Mahalanobis distance is closely related to the leverage statistic, h, but has a different scale:[4]

Squared Mahalanobis distance = (N − 1)(h − 1/N).

Applications

Mahalanobis's discovery was prompted by the problem of identifying the similarities of skulls based on measurements in 1927.[5]

Mahalanobis distance is widely used in cluster analysis and classification techniques. It is closely related to Hotelling's T-square distribution used for multivariate statistical testing and Fisher's Linear Discriminant Analysis that is used for supervised classification.[6]

In order to use the Mahalanobis distance to classify a test point as belonging to one of N classes, one first estimates the covariance matrix of each class, usually based on samples known to belong to each class. Then, given a test sample, one computes the Mahalanobis distance to each class, and classifies the test point as belonging to that class for which the Mahalanobis distance is minimal.

Mahalanobis distance and leverage are often used to detect outliers, especially in the development of linear regression models. A point that has a greater Mahalanobis distance from the rest of the sample population of points is said to have higher leverage since it has a greater influence on the slope or coefficients of the regression equation. Mahalanobis distance is also used to determine multivariate outliers. Regression techniques can be used to determine if a specific case within a sample population is an outlier via the combination of two or more variable scores. A point can be a multivariate outlier even if it is not a univariate outlier on any variable (consider a probability density similar to a hollow cube in three dimensions, for example).

Mahalanobis distance was also widely used in biology, such as predicting protein structural class, [7] predicting membrane protein type,[8] predicting protein subcellular localization,[9]as well as predicting many other attributes of proteins through their pseudo amino acid composition [10] or Chou's PseAAC,[11] based on Chou's invariance theorem, as done in the papers. [12] [13]

See also

References

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    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  2. De Maesschalck, Roy; Jouan-Rimbaud, Delphine; and Massart, Désiré L. (2000); The Mahalanobis distance, Chemometrics and Intelligent Laboratory Systems 50:1–18
  3. Gnanadesikan, Ramanathan; and Kettenring, John R. (1972); Robust estimates, residuals, and outlier detection with multiresponse data, Biometrics 28:81–124
  4. Schinka, John A.; Velicer, Wayne F.; and Weiner, Irving B. (2003); Handbook of psychology: Research methods in psychology, John Wiley and Sons
  5. Mahalanobis, Prasanta Chandra (1927); Analysis of race mixture in Bengal, Journal and Proceedings of the Asiatic Society of Bengal, 23:301–333
  6. McLachlan, Geoffrey J. (1992); Discriminant Analysis and Statistical Pattern Recognition, Wiley Interscience, p. 12. ISBN 0-471-69115-1
  7. One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  8. Chou, Kuo-Chen; and Elrod, David W. (1999); Prediction of membrane protein types and subcellular locations, Proteins: Structure, Function, and Genetics, 34, 137–153
  9. Chou, Kuo-Chen; and Elrod, David W. (1999); Protein subcellular location prediction, Protein Engineering, 12, 107–118
  10. One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  11. One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  12. One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  13. One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang