# Making sense of financial numbers driving big-bucks real estate decisions - **Source:** The Business Times - **Published:** 2026-09-28T21:00:00.000Z - **Author:** Claressa Monteiro - **Original:** https://www.businesstimes.com.sg/podcasts/making-sense-financial-numbers-driving-big-bucks-real-estate-decisions - **Topics:** HDB & Public Housing, Private Residential, Transactions & Deals ## Featured rationale Greater scrutiny of valuation inputs may help buyers and investors assess financing capacity and transaction viability more carefully across residential and commercial property segments. ## AI summary NUS Professor Joseph Ooi explained how valuation methodologies, assumptions and capitalisation rates determine property pricing, lending amounts and whether major real estate deals are financially viable. ## Original article An HDB resale flat can sell for over a million dollars. A prime district condo unit can cost several million. A top-grade commercial building can transact for over a billion. Behind every one of these numbers sits a valuation methodology, a set of assumptions and a cap rate that most buyers never fully unpack, yet those numbers are exactly what determine how much a lender will extend and whether a deal actually makes sense. In this episode of PropertyBT, a BT Correspondents podcast, Leslie Yee speaks with Professor Joseph Ooi, professor of Real Estate at NUS Business School, about the financial logic driving Singapore’s most consequential property decisions. Why listen The numbers behind real estate are never as simple as they first appear. This conversation helps make sense of them. Listen now. --- Written and hosted by: Leslie Yee (lyee@sph.com.sg) With Professor Joseph Ooi, professor of Real Estate at NUS Business School Edited by: Howie Lim & Claressa Monteiro Produced by: Leslie Yee, Nicole Teo & Chai Pei Chieh A podcast by BT Podcasts, The Business Times, SPH Media --- Follow BT Correspondents: Channel: bt.sg/btcobt Amazon: bt.sg/btcoam Apple Podcasts: bt.sg/btcoap Spotify: bt.sg/btcosp YouTube Music: bt.sg/btcoyt Website: bt.sg/btcorresp Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. --- Discover more BT podcast series: BT Money Hacks: bt.sg/btmoneyhacks BT Podcasts: bt.sg/pcOM BT Market Focus: bt.sg/btmktfocus BT Lens On: bt.sg/btlenson BT Correspondents brings together some of The Business Times’ most trusted columnists in a single series. Featuring Mark to Market, WealthBT, TransportBT, and PropertyBT, weekly episodes deliver expert analysis and clear perspectives on stocks, wealth, mobility, and real estate. It is essential listening for professionals who want context, clarity, and depth. ## Chinese translation > Translation model: grok_cli ### 读懂驱动巨额房地产决策的财务数字 透过新加坡国立大学教授Joseph Ooi与高级记者Leslie Yee的对谈，了解驱动房地产交易与决策的数字。 一套转售组屋的售价可以超过100万新元。一个黄金地段私宅单位的价格可以达到数百万新元。一栋顶级商业大厦的成交价可以超过10亿新元。每一个这样的数字背后，都有一套估值方法、一组假设，以及一个大多数买家从未充分拆解的资本化率；然而，这些数字恰恰决定贷款方愿意提供多少融资，以及一笔交易是否真正合理。 在本期BT Correspondents播客节目PropertyBT中，Leslie Yee与新加坡国立大学商学院房地产教授Joseph Ooi对谈，探讨驱动新加坡影响最为重大的房地产决策的财务逻辑。 为何收听 房地产背后的数字从来不像乍看之下那么简单。这段对谈有助于把它们讲清楚。立即收听。 --- 撰稿并主持：Leslie Yee（lyee@sph.com.sg） 嘉宾：新加坡国立大学商学院房地产教授Joseph Ooi 编辑：Howie Lim与Claressa Monteiro 制作：Leslie Yee、Nicole Teo与Chai Pei Chieh 本播客由BT Podcasts、《商业时报》（The Business Times）及SPH Media出品 --- 关注BT Correspondents： 频道：bt.sg/btcobt Amazon：bt.sg/btcoam Apple Podcasts：bt.sg/btcoap Spotify：bt.sg/btcosp YouTube Music：bt.sg/btcoyt 网站：bt.sg/btcorresp 请注意：本播客仅旨在提供一般信息。对于因依赖本播客或使用第三方产品与服务而引起的任何损失，SPH Media不承担任何责任。请咨询专业顾问以获取独立意见。 --- 发现更多BT播客系列： BT Money Hacks：bt.sg/btmoneyhacks BT Podcasts：bt.sg/pcOM BT Market Focus：bt.sg/btmktfocus BT Lens On：bt.sg/btlenson BT Correspondents将《商业时报》一些最受信赖的专栏作者汇聚于同一系列。节目包括Mark to Market、WealthBT、TransportBT和PropertyBT，每周内容就股票、财富、出行及房地产提供专家分析与清晰观点。对于希望获得背景、清晰度与深度的专业人士而言，这是必听内容。