Recently our society came to increasingly prefer houses with an excellent accessibility to blue prospect right such as rivers, sea and so on and green prospect right such as mountains, parks, golf courses and so on that can increase the quality of lif...
Recently our society came to increasingly prefer houses with an excellent accessibility to blue prospect right such as rivers, sea and so on and green prospect right such as mountains, parks, golf courses and so on that can increase the quality of life due to economic growth and increase of income, and therefore it is rising as a main variable for parceling out apartments and purchasing houses.
This study is to analyze the characteristics of scenic views seen through windows of each unit household of apartments, the type of preferred scenic views, the degree of satisfaction, investment value and the impact of scenic views on the decision to purchase an apartment. This study intends to provide effective forecast data for satisfying various desires of consumers and choosing houses and to provide basic data needed to grope a plan to enhance the quality of housing environment.
In order to achieve these purposes effectively, this study analyzed apartments with mountain views(Nam Mountain, Bukhan Mountain, Gwanak Mountain), river views(Han River), park views(Yangjae Citizen's Forest, Olympic Park), stream views(Yangjae Stream and so on) and other views with residents in Seoul as the subject. This study used frequency analysis, linear regression analysis and analysis of variance that are general statistical analyses and analyzed the degree of satisfaction by using not the general regression analysis but ordered logit model.
The results of this study deduced through the above process are as follows. First, this study conducted empirical analysis about the preference about scenic views and the recognition about scenic value. The respondents prefer green prospect right to blue prospect right, and their synthetic preference is in the order of mountains, rivers, park, streams, artificial channels, sea and golf courses. They prefer natural views to artificial views. A great majority considers location, scale and surrounding environment factors first and then considers whether there is a view, and it is judged that there is a positive influence also on the future value of scenic views. The size of bird view has a considerable impact on the price of an apartment, and scenic value of 10 through 15% is inherent in 72.1% of the entire price of apartments.
Second, this study conducted empirical analysis about the recognition of economic value of scenic views and the degree of satisfaction. Most residents feel the importance of scenic views for the housing environment and are willing to pay for that. The types of the scenic views with an excellent economic value are in the order of mountains, rivers, parks, streams and other views. The degree of satisfaction for the type of scenic views that the residents currently have was in the order of rivers, parks, mountains, streams, surrounding apartments, others and skyscrapers.
Third, this study conducted empirical analysis about the important preferred factors for decisions of purchase of an apartment and the degree of satisfaction. They consider price environment, living environment, educational environment, social environment and building environment in order as the important preferred factors of decisions of purchase of an apartment. Individual environment preference factors were the purchase price of the apartment, the convenience of traffic, privacy, school groups and scenic views and the possibility of the increase of the future price in order. Therefore, it is judged that the respondents decide by economic logic such as reasonable price, investment value as proprietary value and so on and that they also pay much attention to living environment factors due to the enhancement of the quality of life. The preferred living environment factors of decision of purchasing an apartment were privacy, scenic views, noise and the right to enjoy sunshine in order. It means that the degree of satisfaction of housing gets higher when the degree of satisfaction of price environment factors is higher than other environment factors, and the living environment factors including scenic views influence the degree of satisfaction of housing. It is judged that there are various environment factors influencing the degree of satisfaction of housing and we cannot say that only a certain variable influences.
Fourth, this study conducted empirical analysis about the impact of scenic views on the decision to purchase an apartment. The impact of the factors of preference of scenic views on the degree of satisfaction of living environment is bigger in the order of the right to enjoy sunshine, scenic views, privacy and noise. The factors of preference of purchase of living environment factors influence the degree of satisfaction in the order of privacy, scenic views, noise and the right to enjoy sunshine when deciding to purchase an apartment, but all are showing results that are not agreeing with each other. But, it is judged that in the case of scenic views, the factors of preference of purchase of living environment influence the degree of satisfaction. In the correlation of the preference of scenic views and economic value, the views with high economic value were mountains, rivers, parks, streams and other views in order, and the views with high preference were mountains, rivers, parks, streams and other views in order. It is judged that the scenic views with high preference also have high economic value.
In conclusion, when the preference of a type of scenic view is higher, the degree of satisfaction and economic value are also higher, and the factors of preference of purchase about scenic views have a considerable impact on the degree of satisfaction also when deciding to purchase an apartment. In addition, scenic views have a considerable impact on the decision to purchase an apartment, but, diverse variables of environment factors are considered. It is judged that this study is significant in that it concretely conducted empirical analysis about the impact of the preference, the degree of satisfaction and economic value of scenic views on the decision to purchase an apartment compared with the existing previous studies.
Moreover, it is expected that the interest in and influence of scenic views when deciding to purchase an apartment will increase as time passes by and that the influence on the calculation of the apartment selling price and the price of apartment will also increase. Therefore it is judged that it will contribute to the formation of various scenic views and the creation of differentiated housing living spaces through the synthetic view analysis and the establishment of plans such as an apartment complex arrangement plan, a construction plan and so on from now on.