Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/222336
Title: HOW DO HOSPITALS AFFECT PROPERTY PRICES
Authors: HO WEI YI MARISSA
Keywords: Real Estate
RE
Fan Yi
2017/2018 RE
Hospitals
Distance
Property Value
Hedonic Pricing Method
Premium
Issue Date: 31-May-2018
Citation: HO WEI YI MARISSA (2018-05-31). HOW DO HOSPITALS AFFECT PROPERTY PRICES. ScholarBank@NUS Repository.
Abstract: Healthcare is an important aspect of society with many policies emphasizing the need for a good system. Due to high demand for its services, the healthcare sector continues to expand across Singapore. However not all places are as welcoming of these services being in their neighbourhood and hence there might be some perceptions that these healthcare services would be a detriment to the property values of the areas it is located. To help better understand the impact that healthcare has on the property prices, a regression was run to find out the correlation between the distance of the non-landed private residential properties to the hospital and its transacted price before and after the opening of the hospitals. The qualitative analysis has showed there was a slight premium paid for these properties after these the openings of the hospitals. This trend was consistent across all four of the hospitals tested. Another finding was the positive correlation between the distance of the properties from the hospitals and the premium price buyers were willing to pay.
URI: https://scholarbank.nus.edu.sg/handle/10635/222336
Appears in Collections:Bachelor's Theses

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
Ho Wei Yi Marissa 2017-2018.pdf947.65 kBAdobe PDF

RESTRICTED

NoneLog In

Page view(s)

58
checked on Feb 2, 2023

Download(s)

25
checked on Feb 2, 2023

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.