@article{ART001045301},
author={Seung Chul Yang and Sung Won Lee},
title={A Study on the Rent Determinants of Retail Property in Seoul},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2006},
volume={16},
number={2},
pages={31-48}
TY - JOUR
AU - Seung Chul Yang
AU - Sung Won Lee
TI - A Study on the Rent Determinants of Retail Property in Seoul
JO - Korea Real Estate Review
PY - 2006
VL - 16
IS - 2
PB - korea real estate research institute
SP - 31
EP - 48
SN - 2092-5395
AB - This paper examined the determinants of retail property rent.
To make out variables that affect retail property rent, this paper reviewed the literatures on the determinants of retail property. And then proposed appropriate variables to the Two Stage Least Squares model to analysis what determines the rent of retail properties.
In this paper, authors made empirical analysis for the determinants of retail properties rent in Seoul, Korea. Variables such as an age, building size, building structure, road condition, building location(CBD, Gangnam), population density, the number of whole sale and retail were significant in retail model. But vacancy rate was not significant in our model. This shows that the relation between rent and vacancy rate is not obvious in cross section analysis.
KW - rent determinants;retail property;vacancy rate;Two Stage Least Squares
DO -
UR -
ER -
Seung Chul Yang and Sung Won Lee. (2006). A Study on the Rent Determinants of Retail Property in Seoul. Korea Real Estate Review, 16(2), 31-48.
Seung Chul Yang and Sung Won Lee. 2006, "A Study on the Rent Determinants of Retail Property in Seoul", Korea Real Estate Review, vol.16, no.2 pp.31-48.
Seung Chul Yang, Sung Won Lee "A Study on the Rent Determinants of Retail Property in Seoul" Korea Real Estate Review 16.2 pp.31-48 (2006) : 31.
Seung Chul Yang, Sung Won Lee. A Study on the Rent Determinants of Retail Property in Seoul. 2006; 16(2), 31-48.
Seung Chul Yang and Sung Won Lee. "A Study on the Rent Determinants of Retail Property in Seoul" Korea Real Estate Review 16, no.2 (2006) : 31-48.
Seung Chul Yang; Sung Won Lee. A Study on the Rent Determinants of Retail Property in Seoul. Korea Real Estate Review, 16(2), 31-48.
Seung Chul Yang; Sung Won Lee. A Study on the Rent Determinants of Retail Property in Seoul. Korea Real Estate Review. 2006; 16(2) 31-48.
Seung Chul Yang, Sung Won Lee. A Study on the Rent Determinants of Retail Property in Seoul. 2006; 16(2), 31-48.
Seung Chul Yang and Sung Won Lee. "A Study on the Rent Determinants of Retail Property in Seoul" Korea Real Estate Review 16, no.2 (2006) : 31-48.