Green the colour of money where property is concerned?

Asst Prof Ryan Chisholm from the Dept of Biological Sciences at NUS Faculty of Science and Mr Richard Belcher from the Future Cities Laboratory at Singapore-ETH Centre found that on average, $11,200 of the resale prices of 15,962 HDB flats sold from April 2013 to April 2014 could be attributed to green spaces within 1.6 kilometres.