A study of the factors affecting affecting land prices in district 12, Ho Chi Minh city

Abstract

- With 334 observations, this research has applied ordinary least squares regression (OLS) to analyse the factors that affect land prices in district 12, Ho Chi Minh City. The study results show that the alley, the type of land use of areas surrounding the lot, clean water, local security, sanitation and the environment surrounding the lot, the distance to the city center, width of the road (or alley) and land area are the factors affecting land prices in district 12, Ho Chi Minh City. Among these factors, the alley is the most influential factor one. The results of this study have high practical significance and value for investors, researchers and policy makers.