Dependent variable: | |||
log(Price_ave) | |||
(1) | (2) | (3) | |
Height | 0.007*** | 0.007*** | 0.007*** |
(0.001) | (0.001) | (0.001) | |
Floor | 0.006*** | 0.006*** | 0.006*** |
(0.001) | (0.001) | (0.001) | |
Floor1 | 0.205*** | 0.206*** | 0.204*** |
(0.014) | (0.014) | (0.014) | |
Floor4 | -0.005 | -0.005 | -0.006 |
(0.007) | (0.007) | (0.007) | |
Apartment | -0.057*** | -0.055*** | -0.056*** |
(0.020) | (0.020) | (0.020) | |
Age | -0.025*** | -0.025*** | -0.025*** |
(0.001) | (0.001) | (0.001) | |
Age_sq | 0.0003*** | 0.0003*** | 0.0003*** |
(0.00001) | (0.00001) | (0.00001) | |
Area | -0.005*** | -0.005*** | -0.005*** |
(0.0001) | (0.0001) | (0.0001) | |
MRT | 0.031*** | 0.029*** | 0.030*** |
(0.009) | (0.009) | (0.009) | |
Furnishing | 0.071*** | 0.071*** | 0.071*** |
(0.009) | (0.009) | (0.009) | |
factor(District)2 | -0.009 | -0.012 | -0.017 |
(0.012) | (0.012) | (0.012) | |
factor(District)3 | 0.105*** | 0.107*** | 0.102*** |
(0.011) | (0.011) | (0.011) | |
factor(District)4 | 0.042*** | 0.042*** | 0.042*** |
(0.010) | (0.010) | (0.010) | |
factor(District)5 | -0.017 | -0.015 | -0.020 |
(0.013) | (0.013) | (0.013) | |
factor(District)6 | -0.233*** | -0.236*** | -0.224*** |
(0.011) | (0.011) | (0.012) | |
factor(District)7 | -0.419*** | -0.418*** | -0.422*** |
(0.018) | (0.018) | (0.018) | |
factor(District)8 | -0.269*** | -0.267*** | -0.272*** |
(0.012) | (0.012) | (0.012) | |
factor(District)9 | 0.042*** | 0.044*** | 0.039*** |
(0.013) | (0.013) | (0.013) | |
factor(District)10 | 0.080*** | 0.082*** | 0.077*** |
(0.012) | (0.012) | (0.012) | |
factor(District)11 | -0.277*** | -0.291*** | -0.264*** |
(0.018) | (0.019) | (0.020) | |
factor(District)12 | -0.285*** | -0.283*** | -0.288*** |
(0.014) | (0.014) | (0.014) | |
factor(Time)2 | 0.004 | 0.004 | 0.005 |
(0.022) | (0.022) | (0.022) | |
factor(Time)3 | 0.028 | 0.027 | 0.028 |
(0.019) | (0.019) | (0.019) | |
factor(Time)4 | 0.036* | 0.035* | 0.035* |
(0.019) | (0.019) | (0.019) | |
factor(Time)5 | -0.003 | -0.003 | -0.003 |
(0.020) | (0.020) | (0.020) | |
factor(Time)6 | -0.002 | -0.003 | -0.003 |
(0.021) | (0.021) | (0.021) | |
factor(Time)7 | -0.015 | -0.015 | -0.016 |
(0.020) | (0.020) | (0.020) | |
factor(Time)8 | 0.026 | 0.025 | 0.026 |
(0.020) | (0.020) | (0.020) | |
factor(Time)9 | 0.002 | 0.003 | 0.001 |
(0.021) | (0.021) | (0.021) | |
factor(Time)10 | 0.037* | 0.037* | 0.037* |
(0.021) | (0.021) | (0.021) | |
factor(Time)11 | -0.008 | -0.008 | -0.010 |
(0.021) | (0.021) | (0.021) | |
factor(Time)12 | 0.003 | 0.003 | 0.002 |
(0.020) | (0.020) | (0.020) | |
factor(Time)13 | 0.018 | 0.017 | 0.016 |
(0.022) | (0.022) | (0.022) | |
factor(Time)14 | 0.005 | 0.005 | 0.005 |
(0.020) | (0.020) | (0.020) | |
factor(Time)15 | 0.055*** | 0.054*** | 0.054*** |
(0.019) | (0.019) | (0.019) | |
factor(Time)16 | 0.031 | 0.030 | 0.030 |
(0.020) | (0.020) | (0.020) | |
factor(Time)17 | -0.007 | -0.008 | -0.008 |
(0.020) | (0.020) | (0.020) | |
factor(Time)18 | 0.014 | 0.014 | 0.014 |
(0.020) | (0.020) | (0.020) | |
factor(Time)19 | 0.013 | 0.013 | 0.013 |
(0.020) | (0.020) | (0.020) | |
factor(Time)20 | 0.019 | 0.019 | 0.018 |
(0.020) | (0.020) | (0.020) | |
factor(Time)21 | 0.021 | 0.021 | 0.020 |
(0.020) | (0.020) | (0.020) | |
factor(Time)22 | 0.026 | 0.026 | 0.025 |
(0.020) | (0.020) | (0.020) | |
factor(Time)23 | 0.014 | 0.014 | 0.011 |
(0.020) | (0.020) | (0.020) | |
factor(Time)24 | 0.033 | 0.033 | 0.031 |
(0.020) | (0.020) | (0.020) | |
factor(Time)25 | 0.057*** | 0.056*** | 0.053*** |
(0.020) | (0.021) | (0.020) | |
factor(Time)26 | 0.044** | 0.045** | 0.042** |
(0.020) | (0.020) | (0.020) | |
factor(Time)27 | 0.084*** | 0.083*** | 0.080*** |
(0.019) | (0.019) | (0.019) | |
factor(Time)28 | 0.107*** | 0.108*** | 0.105*** |
(0.019) | (0.019) | (0.019) | |
factor(Time)29 | 0.061*** | 0.060*** | 0.058*** |
(0.020) | (0.020) | (0.020) | |
factor(Time)30 | 0.064*** | 0.066*** | 0.063*** |
(0.021) | (0.021) | (0.021) | |
factor(Time)31 | 0.025 | 0.024 | 0.021 |
(0.020) | (0.020) | (0.020) | |
factor(Time)32 | 0.007 | 0.008 | 0.007 |
(0.020) | (0.020) | (0.020) | |
factor(Time)33 | 0.023 | 0.024 | 0.023 |
(0.020) | (0.020) | (0.020) | |
factor(Time)34 | 0.043** | 0.043** | 0.040** |
(0.020) | (0.020) | (0.020) | |
factor(Time)35 | 0.008 | 0.009 | 0.007 |
(0.020) | (0.020) | (0.020) | |
factor(Time)36 | 0.033 | 0.032 | 0.029 |
(0.020) | (0.020) | (0.020) | |
Distence900 | 0.003 | ||
(0.018) | |||
Treatment900 | -0.095*** | ||
(0.028) | |||
Distence1200 | 0.025** | ||
(0.011) | |||
Treatment1200 | -0.040** | ||
(0.017) | |||
Distence1500 | -0.036*** | ||
(0.013) | |||
Treatment1500 | -0.011 | ||
(0.019) | |||
Floor:Apartment | -0.041*** | -0.041*** | -0.041*** |
(0.006) | (0.006) | (0.006) | |
Constant | 7.492*** | 7.491*** | 7.497*** |
(0.022) | (0.022) | (0.022) | |
Observations | 11,922 | 11,922 | 11,922 |
Log Likelihood | -628.052 | -632.637 | -629.354 |
Akaike Inf. Crit. | 1,380.104 | 1,389.274 | 1,382.708 |
Bayesian Inf. Crit. | 1,837.732 | 1,846.902 | 1,840.336 |
Note: | *p<0.1; **p<0.05; ***p<0.01 |