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Paper eres2011_69:
A Study of Retail Property Prices in Seoul

id eres2011_69
authors Kim, Jinu; Jeong, Seung-Young
year 2011
title A Study of Retail Property Prices in Seoul
source 18th Annual European Real Estate Society Conference in Eindhoven, the Netherlands
summary The purpose of this study is to identify the determination variables which affect the retail property prices in Seoul by examining the variables related to the economic conditions of retail trade areas, physical characteristics of buildings, and location. About 146 major retail property data from 1 December 2007 to 31 December 2007 were analysed. Regression analysis and a structural equation modelling (SEM) were constructed to test the significance of the variables on the retail property prices in Seoul. The results indicate that age of building, size of shop and location explain a significant portion of the variability of the retail property prices. Through the empirical analysis, it was concluded that the retail property prices in Seoul were affected by the economic conditions, physical characteristics, and location.
keywords Retail property prices, Regression Analysis, Structural Equation Modelling (SEM)
series ERES:conference
content file.pdf (268,307 bytes)
discussion No discussions. Post discussion ...
session I2: Shopping Centres (II)
last changed 2014/10/21 21:51
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