What is the impact of an obstruction of view on apartment prices? [electronic resource]
Shi-Ming, Yu
What is the impact of an obstruction of view on apartment prices? [electronic resource] - London RICS 2007 - RICS Findings in Built and Rural Environments April 2007 .
Examines the effect upon residence prices of the view which can be seen from within. Seeks to demonstrate that obstructions to the view can have a negative effect on the value of a property. Uses the technique of intervention analysis to investigate the effects of an obstruction on two condominium projects in Singapore. Results show that the introduction of an obstruction had an immediate and lasting effect on property prices. The impact was of a pure jump function, leading to an 8% long term depression in price.
International
333.337 $2 18
What is the impact of an obstruction of view on apartment prices? [electronic resource] - London RICS 2007 - RICS Findings in Built and Rural Environments April 2007 .
Examines the effect upon residence prices of the view which can be seen from within. Seeks to demonstrate that obstructions to the view can have a negative effect on the value of a property. Uses the technique of intervention analysis to investigate the effects of an obstruction on two condominium projects in Singapore. Results show that the introduction of an obstruction had an immediate and lasting effect on property prices. The impact was of a pure jump function, leading to an 8% long term depression in price.
International
333.337 $2 18