| dc.description.abstract | With the commencement of the Yingge MRT line, whether the expectations of the
public for future transportation convenience and the future economic benefits of urban
development will be reflected in housing prices are the main directions of this research.
The study data is based on the real estate transactions price registration of the Ministry
of the Interior. The data obtained from August 2012 to March 2020 was used as a
sample for research analysis, discussing by the Hedonic price method. The empirical
results show that most of the influencing factors are significantly related to the real
estate prices.
The results show that ＂Tax Reform＂, ＂MRT Project＂, ＂Distance from MRT
Station＂, ＂Land Area＂, ＂House Age＂, ＂Building Type＂, ＂Building Area＂ and ＂Floor＂ are
significantly related to the real estate prices that they have the ability to explain real
estate prices. Among them, ＂MRT Project＂, ＂Land Area＂, ＂Floor＂, ＂Building Type＂ and
＂Building Area＂ are positively related to real estate prices, while ＂Tax Reform＂,
＂Distance from MRT station＂ and ＂house age＂ are negatively related to real estate
prices. Although the ＂Floor Area Ratio Rule＂ and ＂ Use Zoning ＂ are not significant,
but their significant level t-value is not low, that there is a considerable degree of
correlation with real estate prices. It can still be inferred the analysis results show that
most of the impact variables have an explanation for real estate prices. The distance
factor from the MRT station has the most significant impact on house prices, which
means that the location factor is still the biggest consideration for most people while
buying a house. | en_US |