| Summary: | 碩士 === 國立高雄第一科技大學 === 金融系碩士班 === 105 === In this research, the establishment of the high class residential housing price model is based on the hedonic price method. In accordance with the test results of the model, we explore the following two concepts. Firstly, we attempt to research whether the prices of exclusive residential housing in Taipei affect those of in other three cities, namely New Taipei, Taichung and Kaohsiung. In case it does, by how much are the prices impacted? Secondly, we explore whether the ageing of the high class residential buildings have an influence in pricing of these buildings. To do this research, we categorized each building into the following four levels: lower floors、middle level floors、high level floors and above high level floors. In addition, we construct “the utility rate table” of different floors with a range of house ages and try to establish its relationship.
The empirical results show: 1. Taking Taipei City as a benchmark, the total price of exclusive residential housing in all the three other cities are lower than the housing price in Taipei. 2. There is a negative correlation between the size of property owned and the final price of the high class property. 3. There is also a negative correlation between the top floor of the building and its price.
Based on the above empirical results, in the market of exclusive residential housing, the housing price is the highest in the North and the prices drops the more to the south we move. In terms of the floor level of the housing, the top floor and lower floors are less preferable for homebuyers. Therefore, to have better preservation of housing value, higher floor houses in northern region are favorable with the exception of the top floor.
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