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Analysis of Factors Affecting Apartment Market Price Located Nearby Jangjeon Campus of Pusan National University
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부산대학교 장전캠퍼스 인근의 아파트 매매가격에 영향을 미치는 요소분석

논문 기본 정보

Type
Academic journal
Author
김하나 (부산대학교 건축공학과) 김진희 (부산대학교) 이준혁 (부산대학교) Youngki Huh (부산대학교)
Journal
The Regional Association of Architectural Institute of Korea 대한건축학회연합논문집 대한건축학회연합논문집 제18권 제6호 KCI Accredited Journals
Published
2016.1
Pages
183 - 190 (8page)

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Analysis of Factors Affecting Apartment Market Price Located Nearby Jangjeon Campus of Pusan National University
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Abstract· Keywords

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The foothold of university affects market prices of apartments directly and indirectly since university itself plays a role as a main agent of economic activities of community nearby. Several physical and locational factors affecting market prices of apartments were listed from expert interviews as well as literature review. Then a series of stepwise multiple regression analyses was conducted in order to identify main factors driving the market prices. A group of 174 recent sales prices of apartments in different blocks was selected for the analysis located within one kilometer from the main gate of the Pusan National University in Busan. From the analyses with both physical and locational factors, four factors of ‘years from built’, ‘total housing units of block’, ‘distance from subway station’, and ‘total unit of car parking’ have been identified as drivers of the prices. Furthermore five factors of ‘distance from university’, ‘distance from elementary school’, ‘distance from high school’, ‘distance from large market’, and ‘distance from subway station’ have been found as statistically meaningful drivers from the analyses with physical factors only. The study will be a great interest for both researchers and industry personnel to conduct related studies and to anticipate a trend of market prices of local real estate.

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