The Effect of Time on Market and Location in the Housing Market: A Case Study in Taoyuan Metropolitan Area

Jo-Hui Chen ； Chao-Rung Ho

《Asia Pacific Management Review》 15卷2期 (2010/06) Pp. 207-221

https://doi.org/10.6126/APMR.2010.15.2.04

並列摘要

This paper utilizes the survival model to investigate the relationship between selling time of a building and its determinants. The results indicate that the bigger the land size, the shorter the duration of marketing time for both dwellings and commercial buildings. The proximity of business premises to universities, train station and police office have longer selling time. We find that, on the other hand, the residents seem to be more concerned with accessibility to a police office for public security and a shopping center or park for improved life quality. In addition, newer houses could be sold faster than the old ones that have narrow fire lane and poor inner decoration. Furthermore, the unit price of land representing the quality of house leads to a longer selling time for the rich.

並列關鍵字

Time on market ； survival model ； property prices

參考文獻

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