DocumentCode
3569434
Title
Study of commercial residential character price in Xi´an Qu Jiang New District
Author
Lan, Feng ; Liu, Li-Fang
Author_Institution
Manage. Sch., Xi´´an Univ. of Archit. & Technol., Xi´´an, China
Volume
3
fYear
2011
Firstpage
199
Lastpage
202
Abstract
This paper select 16 housing characteristics in Xi´an Qu Jiang New District and constructs hedonic price model based semi-parametric method, using of 348 sets of samples of residential and 15 residential district information, then it adopts the R software for analysis. Finally we compares with the traditional parameters. The result shows that the semi-parametric model has a higher goodness of fit. There are 9 variables shows significant in Parameter model including: building area, property costs, the green rate, distance to the South Lake, the distance to the CBD, distance to the three trillion Cemetery, distance to the main road of the city, and 10 variables shows significant in Semi-Parameter model, Entertainment facilities variable added.
Keywords
pricing; property market; CBD distance; R software; Xi´an Qu Jiang new district; building area; commercial residential character price; entertainment facilities variable; green rate; hedonic price model based semiparametric method; property costs; semiparameter model; Buildings; Cities and towns; Data models; Estimation; Least squares approximation; Roads; Software; Commercial residential building; Hedonic prices; Semi-parametric method; parametric method;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Management and Electronic Information (BMEI), 2011 International Conference on
Print_ISBN
978-1-61284-108-3
Type
conf
DOI
10.1109/ICBMEI.2011.5920428
Filename
5920428
Link To Document