The Capitalization of Neighborhood Effect the Luxury House

• Main Authors: Yi-chu Tseng, 曾乙筑
• Other Authors: Yang Chung-Hsien
• Format: Others
• Language: zh-TW
• Published: 2014
• Online Access: http://ndltd.ncl.edu.tw/handle/10022349256886140606

碩士 === 國立屏東商業技術學院 === 不動產經營系(所) === 102 === The previous studies of luxurious mansions focus on the selling aspects of luxurious mansions, ignoring their influences such as the neighborhood effects and its cause. Therefore, It tries to investigate how the luxurious mansions impact on the price of nearby houses in different angles, and observe the difference of capitalization effects in different periods of time. This study takes Hung-Sheng the Palace in Taipei city as a case, using the information of space and that of transaction prices to analyze the effect of Hung-Sheng the Palace on the price of the houses nearby with quantitative methods. It also uses the questionnaires to analyze whether the attitude of the residents living near Hung-Sheng the Palace impact on the house prices indirectly. The results revealed that using the Hedonic Price Method established by regression aspects, each additional one hundred meter away from the Hung-Sheng the Palace,the total price of its proximity to residential will be reduced by 0.4%, it estimated the impact of the range of approximately 2000 meters, also found that the Hung-Sheng the Palace prices surrounding generated the luxurious mansions effects. The subjective perception, up to 77.68% percent of the respondents believed that the Hung-Sheng the Palace prices surrounding will be affected by the luxurious mansions, their believed that the Hung-Sheng the Palace nearby the average price differences between the actual transaction price of 1.83 times the calculated price differences. In conclusion, the luxurious mansions effects not only in the trading price of the objective, also exists in the subjective cognitive attitude, even the latter than the former, which also confirmed the existence of the phenomenon of luxurious mansions effects.