New private home price index launched in Singaporehttp://www.channelnewsasia.com/stories/singaporelocalnews/view/1045525/1/.html


"Details of the new index and it methodology can be found at
http://www.ires.nus.edu.sg/

at the top of the page on the fifth tab.
The index has been created with property derivatives and other hedge instruments in mind. The methodology is cutting edge, having been developed over the last 2years by the Institute of Real Estate Studies and Professor Lum Sau Kim.
......
In Japan the J-FSA is expected to announce soon that buying and selling property derivatives will be an acceptable activity for Japanese banks. This will be a stride forward in the evolution of the product."


(SRPI White Paper attached below)