December 21, 2017 - 11:00 am
December 21, 2017 - 12:00 am
Address1A Hoàng Diệu, Phú Nhuận, HCM View map
Dear professors, lecturers, researchers, colleagues, and students,
You are cordially invited to the next UEH School of Economics STBI (Small Talks Big Ideas) seminar.
Topic: “Hedonic property valuation model: theory and application”
Presenter: Nguyen Thi Hong Thu (University of Economics Ho Chi Minh City)
Time: 11:00 am. Thursday, December, 21th, 2017
Venue: Room H.001, Campus H, UEH School of Economics, 1A Hoang Dieu, Phu Nhuan District, Ho Chi Minh City
Previous research has established that the commonly applied the methods of property valuation can be broadly divided by two groups such as traditional and advanced methods(Xiao & Webster, 2017). These traditional methods in the field of property valuation include the sales comparison method, cost method, residual/development method, profits method, and investment method (capitalization/discounted cash flow – DCF method). Advanced methods focus on techniques, for instance, hedonic pricing model, spatial analysis methods, artificial neural networks (ANN), and case-based reasoning that mentioned in technology and machine/engineering. This topic will only reveal clearly hedonic property values models and applied valuation. From the many hedonic property valuation studies of the impacts of related determinants, this studies also suggests some topics that related to analyze the factors or attributes of housing affect of property value. Appraisal, household, developers and Policymakers could draw on this synthesis of site characteristics’ effects to property value.