Hedonic price of housing space

• Main Authors: AGARWAL, Sumit, CHEN, Yanying, JING, Li, TAN, Yi Jin
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Housing space; Implicit price; Hedonic regression; Urban redevelopment; Asian Studies; Behavioral Economics; Real Estate
• Online Access: https://ink.library.smu.edu.sg/soe_research/2370; https://ink.library.smu.edu.sg/context/soe_research/article/3369/viewcontent/2018_10_3_SpaceDemand.pdf
• Institution: Singapore Management University

This article estimates hedonic prices for different levels of housing space, by exploiting a unique space‐adding project in Singapore that added a uniform amount of space to each existing housing unit regardless of the original size. This space adding program was carried out if sufficient residents...