000			01487cam a2200241 4500
001			ABS63320
008			000000n2000 000 0 eng u
035			_a(Sirsi) u109998
100			_aTse, R
245			_aMeasuring residential property values in Hong Kong
260			_c2000
490			_aProperty Management _v18(5) 2000, 366-374(9)
520			_aThe elements of sales comparison for residential property depend on a package of inherent attributes that are valued by consumers. These attributes can be classified into the following categories: structural, physical, neighbourhood and environmental. A model that incorporates adjustments for floor area, age, views and amenities such as availability of recreational facilities is presented and discussed. A multiple regression analysis with transactions-based data, using weighted least square to determine the discrete estate-type induced price effect in the Hong Kong housing market, is also presented. The paper demonstrates how the view of negative housing attributes is capitalised into house prices. Specifically, it is shown that the residential property values are higher for estate-type housing properties and lower for dwelling units with a cemetery view. Journal abstract. References.
590			_aABS
650			_aHOUSE PRICES
650			_aHEDONIC PRICING
650			_aHONG KONG
650			_aPROPERTY VALUES
650			_aRESEARCH
690			_aINTERNATIONAL-ASIA
700			_aLove, P
942			_n0
999			_c65610 _d65610