@article{ART001939238},
author={박주연 and 박찬일 and Seon-Jong Yoo},
title={A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2014},
volume={24},
number={4},
pages={25-37}
TY - JOUR
AU - 박주연
AU - 박찬일
AU - Seon-Jong Yoo
TI - A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town
JO - Korea Real Estate Review
PY - 2014
VL - 24
IS - 4
PB - korea real estate research institute
SP - 25
EP - 37
SN - 2092-5395
AB - This study analyzes housing attributes that affects the housing price change rate after pre-sale acquisition. By applying hedonic price model, the study derives a regression equation whose dependent variable is price change rate. The estimation for entire Pangyo was analyzed, followed by estimation for East Pangyo and West Pangyo separately. The result for entire Pangyo shows that larger floor space had lower price change rate. Higher stories and famous housing brand had higher price change rate. Housing located on the first floor had lower price change rate. The closer location to Pangyo Interchange had positive effects on price change rate. In East Pangyo, possibility of being assigned to special purposed school had positive effects on price change rate. The distance to the elementary school showed negative effect for East Pangyo, positive effect for West Pangyo. In East Pangyo, along with insignificancy of Woonchonngchun contiguity, closer distance to Tachyon had lower price change rate indicating indifference to accessibility to environmental elements. This study shows despite new town developed at same period adjacent to each other, particular attributes had different effects causing the price change to appear differently.
KW - housing price;price attributes;price change rate;hedonic model;pre-sale price
DO -
UR -
ER -
박주연, 박찬일 and Seon-Jong Yoo. (2014). A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town. Korea Real Estate Review, 24(4), 25-37.
박주연, 박찬일 and Seon-Jong Yoo. 2014, "A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town", Korea Real Estate Review, vol.24, no.4 pp.25-37.
박주연, 박찬일, Seon-Jong Yoo "A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town" Korea Real Estate Review 24.4 pp.25-37 (2014) : 25.
박주연, 박찬일, Seon-Jong Yoo. A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town. 2014; 24(4), 25-37.
박주연, 박찬일 and Seon-Jong Yoo. "A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town" Korea Real Estate Review 24, no.4 (2014) : 25-37.
박주연; 박찬일; Seon-Jong Yoo. A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town. Korea Real Estate Review, 24(4), 25-37.
박주연; 박찬일; Seon-Jong Yoo. A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town. Korea Real Estate Review. 2014; 24(4) 25-37.
박주연, 박찬일, Seon-Jong Yoo. A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town. 2014; 24(4), 25-37.
박주연, 박찬일 and Seon-Jong Yoo. "A Study on the Housing Price Change Rate after Pre-sale Acquisition : Focused on Pangyo New Town" Korea Real Estate Review 24, no.4 (2014) : 25-37.
