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http://dx.doi.org/10.14400/JDC.2016.14.1.121

A study of the decision to standardize sale price of supplying apartment houses using Analytic Hierarchy Process  

Hwang, Kyu-Sung (Dept. of Real Estate Management & Consulting, Dong-Eui Institute of Technology)
Lee, Chan-Ho (Dept. of Business Administration, Pusan National University)
Publication Information
Journal of Digital Convergence / v.14, no.1, 2016 , pp. 121-129 More about this Journal
Abstract
The purpose of this study is to set a standard for sale prices of supplying apartment houses about decision factors in sale price of supplying apartment houses using Analytic Hierarchy Process. This is done by modeling decision factors in sale price of supplying apartment houses as hierarchy. According to the modeled hierarchy, the relative importance of supplying factors are determined using a survey of a group of real estate experts. In addition, through Analytic Hierarchy Process, the relative importance of phased sale prices of supplying apartment is analyzed in order to set a standard to estimate competitive sale prices of newly supplying apartment houses.
Keywords
Analytic Hierarchy Process; Distributed price; Decision factor; Relative importance; Competition; Cost factors;
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Times Cited By KSCI : 6  (Citation Analysis)
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