Ma, Wai Yip. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2007. / Includes bibliographical references (leaves 75-78). / Abstracts in English and Chinese. / Abstract --- p.i / Acknowledgments --- p.iii / Content --- p.iv / List of Tables --- p.vi / List of Figures --- p.viii / Chapter Chapter One --- Introduction --- p.1 / Chapter Chapter Two --- Literature Review --- p.6 / Chapter Chapter Three --- Expected Sign of variables --- p.17 / Chapter Chapter Four --- Data Description --- p.21 / Chapter Chapter Five --- Methodology --- p.24 / Chapter 5.1 --- Ordinary Least Square --- p.24 / Chapter Chapter Six --- Empirical result --- p.26 / Chapter 6.1. --- Basic model 1 --- p.26 / Chapter 6.2. --- Basic model 2 --- p.27 / Chapter 6.3. --- Comparison between Basic model 1 & Basic model 2 --- p.30 / Chapter 6.4. --- "Model with ""Design Variables""" --- p.32 / Chapter 6.5. --- "Model using ""restricted sample""" --- p.35 / Chapter 6.6. --- "Model with ""Interactive terms and design""" --- p.36 / Chapter 6.7. --- "Model with ""Interactive terms and design"" using restricted sample" --- p.40 / Chapter Chapter Seven --- Limitations and Future direction --- p.42 / Chapter Chapter Eight --- Concluding Remarks --- p.44 / Appendix One Tables --- p.46 / Appendix Two Figures --- p.62 / Appendix Three Using floor plans information to construct dataset --- p.64 / Appendix Four Implicit prices of housing attributes over time --- p.68 / Appendix Five Robustness check for the potential problem of heteroskedasticity --- p.74 / Reference --- p.75