@article{ART001045060},
author={Su Yeon Jung and Taehoon Kim},
title={A Study on Measuring Methods for the Value of Sunlight Right},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2005},
volume={15},
number={2},
pages={89-102}
TY - JOUR
AU - Su Yeon Jung
AU - Taehoon Kim
TI - A Study on Measuring Methods for the Value of Sunlight Right
JO - Korea Real Estate Review
PY - 2005
VL - 15
IS - 2
PB - korea real estate research institute
SP - 89
EP - 102
SN - 2092-5395
AB - This study is designed to measure a sunlight's value on an apartment. We focused in introduced to methods of estimate sunlight's value of apartments. Also We want to show procedures to estimate of sunlight's value of apartments.
For the purposes, We analyze example of sunlights's value of apartments. A Hedonic Price Model is applied to estimate these values by using an apartment's prices in Incheon. We select some comparable apartments which are located in the neighborhood in Incheon under constant condition.
The results appear to be quite significant in terms of statistical reliability and their implications. The factor of a sunlight's has t-value high enough for being significant at less than 1% level. We find that sunlight's value is 0.448% of total apartment's value.
This study with these results provides the foundation for the price rates that sunlight's value on an apartment generates. We also simultaneously offer the process and appraisal paper of appraising sunlight's value through appendix.
KW - sunlight right;hedonic price function;housing price function
DO -
UR -
ER -
Su Yeon Jung and Taehoon Kim. (2005). A Study on Measuring Methods for the Value of Sunlight Right. Korea Real Estate Review, 15(2), 89-102.
Su Yeon Jung and Taehoon Kim. 2005, "A Study on Measuring Methods for the Value of Sunlight Right", Korea Real Estate Review, vol.15, no.2 pp.89-102.
Su Yeon Jung, Taehoon Kim "A Study on Measuring Methods for the Value of Sunlight Right" Korea Real Estate Review 15.2 pp.89-102 (2005) : 89.
Su Yeon Jung, Taehoon Kim. A Study on Measuring Methods for the Value of Sunlight Right. 2005; 15(2), 89-102.
Su Yeon Jung and Taehoon Kim. "A Study on Measuring Methods for the Value of Sunlight Right" Korea Real Estate Review 15, no.2 (2005) : 89-102.
Su Yeon Jung; Taehoon Kim. A Study on Measuring Methods for the Value of Sunlight Right. Korea Real Estate Review, 15(2), 89-102.
Su Yeon Jung; Taehoon Kim. A Study on Measuring Methods for the Value of Sunlight Right. Korea Real Estate Review. 2005; 15(2) 89-102.
Su Yeon Jung, Taehoon Kim. A Study on Measuring Methods for the Value of Sunlight Right. 2005; 15(2), 89-102.
Su Yeon Jung and Taehoon Kim. "A Study on Measuring Methods for the Value of Sunlight Right" Korea Real Estate Review 15, no.2 (2005) : 89-102.
