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Hedonic method
Hedonic method













Thanks to favorable natural conditions, Ho Chi Minh City now becomes an important transportation hub of Vietnam and the Southeast Asia, including roads, railways, waterways and airways. However, if taking unregistered residents into account, the actual population of the city exceeds 10 million. According to the 2014 census of the Bureau of Population Statistics, the city population had reached 7,955,000. Located in the transition zone between the Southeast and Southwest of Vietnam, Ho Chi Minh City today consists of 19 inner districts and five suburban districts, with a total area of 2,095.06 km². Ho Chi Minh City is the most densely populated city in Vietnam, and is also an important economic cultural and educational hub of the nation. From the results, the research proposes solutions in the pricing of apartments in the real estate market in Ho Chi Minh City - better information system, a real estate transaction index, and stricter management of small brokerage activities. Besides, there are three significant factors affecting negatively the price of apartments - next price trend, distance to city center, and potential building. The research results reveal that five significant factors affect positively the price of apartments in Ho Chi Minh City - apartment area, toilet and bedroom, apartment floor, reference price, and apartment interior. This study employs multivariate regression with the data of 339 observations. The survey collected 339 valid questionnaires for analysis and model testing. The collected data include 384 observations in a total of 24 districts, detailing that each district surveyed on a minimum of four projects, each project carried out a survey on a minimum of four apartments. The study uses primary data based on surveys of customers who have traded successfully, and collects transaction data from real estate trading companies that are the top investors in Ho Chi Minh City real estate market. The study examines factors affecting apartment prices in the real estate market of Ho Chi Minh City, Vietnam.















Hedonic method