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Analysis of the Determinants on the Annual Average Price Rising Rate for Pyeong of Apartment Housing in Seoul
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서울지역 아파트 평당 연평균 가격상승률 결정요인 분석

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Type
Academic journal
Author
Journal
The Korean Housing Association Journal of the Korean Housing Association Vol.18 No.3 KCI Accredited Journals
Published
2007.6
Pages
63 - 72 (10page)

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Analysis of the Determinants on the Annual Average Price Rising Rate for Pyeong of Apartment Housing in Seoul
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The purpose of this study is to identify the impact of the building, site, and region characteristic factors on the annual average price rising rate of apartment housing in Seoul. The data were consisted of 272 apartment units in Seoul. A survey included checking the drawing documents and interview with apartment maintenance staffs and real estate agencies from October 2006 to February 2007. Data were analyzed with descriptives, frequency, crosstabs, and linear regression by SPSS/PC for Window. The linear regression model was employed to evaluate the price rising rate in apartment housing. Following results were obtained. The price rising rate for pyeong () of apartment housing was determinated by the district zone, the construction company's brand name, the building age, the building stories, the floor space index, the building-to-land ratio, the green space rate, and the distance from the downtown. Especially, the district zone was the most important factor that affected the price rising of apartment housing in Seoul. Therefore, the policy has to focus to solve the imbalance between autonomous districts with the collaborated tax.

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UCI(KEPA) : I410-ECN-0101-2016-595-002600863