@article{ART002118446},
author={Chung, You Seok and Oh Saejoon},
title={An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2016},
volume={26},
number={2},
pages={59-70}
TY - JOUR
AU - Chung, You Seok
AU - Oh Saejoon
TI - An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam
JO - Korea Real Estate Review
PY - 2016
VL - 26
IS - 2
PB - korea real estate research institute
SP - 59
EP - 70
SN - 2092-5395
AB - The purpose of this study is to empirically analyze the affecting factors of offices rents in Ho Chi Minh City, Vietnam. Vietnam is one of the five major foreign direct investment countries of Korea, whose invigorating markets, including property market, Korean companies have actively invested in. The environment of Ho Chi Minh City seemed like that of Korea in the early 2000's, when foreign investment funds had flooded in. The rapid economic growth and urbanization in Vietnam have triggered and accelerated the investment in offices with fine grade. Along with collected office rent data reflecting the recent foreign and domestic situation in Ho Chi Minh, this study used variables in advanced researches to assess the impact on its market.
It showed the similar outputs of advanced researches, confirming the necessity of foreign capital investment and systematic management system; offices owned by foreign investors and managed by office management system were paid higher rents. It could provide not only investors in Vietnam but academic researchers of property market in developing countries with precise and practical information for investment decision. In addition, it could serve as a basis for further studies of related academic field for better understanding of office markets.
KW - Ho Chi Minh City (HCMC);Vietnam;office;rents;hedonic price model
DO -
UR -
ER -
Chung, You Seok and Oh Saejoon. (2016). An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam. Korea Real Estate Review, 26(2), 59-70.
Chung, You Seok and Oh Saejoon. 2016, "An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam", Korea Real Estate Review, vol.26, no.2 pp.59-70.
Chung, You Seok, Oh Saejoon "An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam" Korea Real Estate Review 26.2 pp.59-70 (2016) : 59.
Chung, You Seok, Oh Saejoon. An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam. 2016; 26(2), 59-70.
Chung, You Seok and Oh Saejoon. "An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam" Korea Real Estate Review 26, no.2 (2016) : 59-70.
Chung, You Seok; Oh Saejoon. An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam. Korea Real Estate Review, 26(2), 59-70.
Chung, You Seok; Oh Saejoon. An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam. Korea Real Estate Review. 2016; 26(2) 59-70.
Chung, You Seok, Oh Saejoon. An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam. 2016; 26(2), 59-70.
Chung, You Seok and Oh Saejoon. "An Analysis of Factors Affecting Office Rents: Evidence from Ho Chi Minh City, Vietnam" Korea Real Estate Review 26, no.2 (2016) : 59-70.
