The Influence of Investor's Characteristics on the Perception About the Selling Price of Luxury Apartments in Hanoi

Huu Cuong Nguyen, Duc Tai Do

Abstract


This research was conducted to investigate the impact of investor's characteristics on the perception about the selling price of luxury apartments in Hanoi, Vietnam. Data were collected through a survey with 458 real estate employees from Hanoi. With this data, we have used descriptive statistics, Cronbach's Alpha to determine the level of impact of the independent variable on the dependent variable, i.e. the perception about the selling price of luxury apartments. The results showed that the determinant is the investor's characteristics which have positive relationships with the perception about the selling price of luxury apartments in Hanoi. Based on this finding, this paper gives several recommendations for improvement the perception about the selling price of luxury apartments in Hanoi.

Keywords: the perception about the selling price of luxury apartme, investor's characteristics, real estate

JEL codes: G12, G13, G14, L80, L85

DOI: 10.7176/EJBM/12-9-06

Publication date:March 31st 2020


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ISSN (Paper)2222-1905 ISSN (Online)2222-2839

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