Lau, Wai Chun. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2008. / Includes bibliographical references (leaves 78-79). / Abstracts in English and Chinese. / Abstract --- p.ii / 摘要 --- p.iii / Acknowledgments --- p.iv / Table of Contents --- p.v / Chapter 1. --- Introduction --- p.1 / Chapter 2. --- Background --- p.4 / Chapter 2.1 --- Overview of Land Policies in Hong Kong --- p.4 / Land Policies and Private Housing Market --- p.4 / Current Application List System --- p.6 / Chapter 2.2. --- Hypotheses on the Interaction of Housing Prices and Land Sales --- p.6 / Demand-Supply Analysis --- p.6 / Revaluation Hypothesis --- p.8 / Chapter 3. --- Literature Review --- p.11 / Chapter 3.1. --- Relevant Literature about Interaction of Land and Housing Prices --- p.11 / Peng and Wheaton (1994) --- p.11 / Tse(1998) --- p.13 / Ho and Ganesam (1998) --- p.14 / Chapter 3.2. --- Hedonic Approach in the Studies of Hong Kong Real Estate Market --- p.16 / Chapter 4. --- Data Sources and Descriptions --- p.18 / Chapter 4.1 --- Land Sale Data --- p.18 / Chapter 4.2. --- Housing Transaction Data --- p.21 / Chapter 5. --- Methodology --- p.26 / Chapter 5.1 --- Model Specification --- p.26 / Chapter 5.2. --- Hypothesis Testing --- p.27 / Chapter 5.3. --- Functional Form and Estimation Method --- p.30 / Chapter 6. --- Empirical Results --- p.31 / Chapter 6.1. --- Hedonic Mode! Results --- p.31 / Chapter 6.2. --- Discussion on Pre-sale and Post-sale Housing Prices --- p.33 / Chapter 6.3. --- Robustness Checking --- p.36 / Variations in Specification --- p.36 / Time Variable Control --- p.38 / Estimation with Restricted samples --- p.40 / Chapter 7. --- Conclusions --- p.42 / Table 1 Selected Land Auction Records (1994 - 2005) --- p.45 / Table 2 List of Estates Covered in the Study --- p.49 / Table 3a Sampling Period and Number of Observations in Each Case Study --- p.54 / Table 3b Descriptive Statistics of Independent Variables in the Estimation of Model 1 --- p.56 / Table 4 Definition of Independent Variables in Model 1 --- p.60 / Table 5 OLS Estimates of Model 1 with Full Samples --- p.61 / Table 6 Goodness-of-Fit of Model 1 --- p.65 / Table 7 Coefficients of Dummy Variables in Model 1 --- p.66 / Table 8 Estimated Price Change from Model 1 --- p.70 / Table 9a Price Differences and Auction Results (All Cases) --- p.72 / Table 9b Price Differences and Auction Results (Cases with price differences at 10% significance level) --- p.72 / Table 10 Estimated Price Differences by Varying Model Specification and Sample Selection --- p.73 / Figure 1 Private Housing Prices and New Construction Units (1992 ~ 2005) --- p.76 / Figure 2 Mass CCI (1994 ~2006) --- p.77 / References --- p.78

published_or_final_version / Housing Management / Master / Master of Housing Management

published_or_final_version / Urban Planning / Master / Master of Science in Urban Planning

Lau, Chi Keung. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2000. / Includes bibliographical references (leaves 187-188). / Abstracts in English and Chinese. / Abstract --- p.i / Acknowledgements --- p.iii / Table of Contents --- p.iv / List of Chosen Samples Results --- p.v / List of Tables --- p.vi / List of Figures --- p.vii / Chapter Chapter 1. --- Introduction --- p.1 / Chapter Chapter 2. --- Literature Review --- p.4 / Chapter 2.1 --- Real Estate Literature --- p.4 / Chapter 2.2 --- Financial Literature --- p.8 / Chapter Chapter 3. --- Methodology --- p.15 / Chapter 3.1 --- Augmented Dickey Fuller Test --- p.15 / Chapter 3.2 --- Band-Pass Filter --- p.18 / Chapter Chapter 4. --- Data Description --- p.20 / Chapter Chapter 5. --- Empirical Results --- p.23 / Chapter 5.1 --- Contemporaneous Correlation --- p.24 / Chapter 5.2 --- Results after Band-Pass Filtering --- p.26 / Chapter 5.3 --- Lead-lag Relationship Analysis --- p.30 / Chapter Chapter 6. --- Conclusion --- p.35 / Appendix 1. Variable Definition --- p.38 / Appendix 2. Limitation --- p.41 / Appendix 3. Results of Chosen Samples --- p.45 / Appendix 4. Tables --- p.54 / Appendix 5. Figures --- p.109 / Bibliography --- p.187

Yao, Wang. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2010. / Includes bibliographical references (leaves 38-39). / Abstracts in English and Chinese. / Abstract --- p.i / Acknowledgements --- p.ii / Contents --- p.iii / Chapter 1 --- Introduction --- p.1 / Chapter 2 --- A Case Study of the Land Market in Hong Kong --- p.7 / Chapter 2.1 --- Background --- p.7 / Chapter 2.2 --- Institutions related to the land market --- p.7 / Chapter 2.2.1 --- Land Disposals --- p.8 / Chapter 2.2.2 --- Public Housing --- p.9 / Chapter 2.3 --- Recent Land and Housing Market History --- p.10 / Chapter 2.3.1 --- Land Supply and Land Prices --- p.11 / Chapter 3 --- A Theory of Political Economy of Land Supply --- p.16 / Chapter 3.1 --- Model Setup --- p.16 / Chapter 3.2 --- Definition of Equilibrium --- p.19 / Chapter 3.3 --- Equilibrium Characterization --- p.20 / Chapter 3.4 --- Comparative Statics --- p.28 / Chapter 4 --- Conclusion --- p.31 / Appendix --- p.33 / Reference --- p.38

by Chan Ngai-Ming, Zoe, Chung Ting Ting. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1998. / Includes bibliographical references (leaves 56-57). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF ILLUSTRATIONS --- p.v / LIST OF TABLES --- p.vi / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- THE HONG KONG PRIMARY RESIDENTIAL INDUSTRY --- p.6 / Industry Overview --- p.6 / Developers for This Study --- p.6 / Chapter III. --- THEORETICAL FRAMEWORK --- p.8 / Competitor Analysis --- p.8 / Market Commonality Vs Product Commonality --- p.8 / Suggested Attributes for Studying Product Commonality in this Industry --- p.9 / Location --- p.9 / Time of Sale --- p.9 / Flat Size --- p.10 / Other Factors --- p.10 / Resource Similarity --- p.12 / Competitive Actions and Responses --- p.12 / Product Commonality and Competitive Response --- p.14 / Competitive Response and Performance --- p.17 / Chapter IV. --- METHODOLOGY --- p.19 / Data --- p.19 / Identification of Actions and Responses --- p.19 / Measurement --- p.21 / Product Commonality --- p.21 / Likelihood of Response to Price Change --- p.24 / Response Magnitude --- p.24 / Performance --- p.25 / Comparative Approach --- p.25 / Chapter V. --- RESULTS --- p.27 / Product Commonality and Likelihood of Response to Price Change --- p.27 / Response Magnitude and Performance --- p.30 / Chapter VI. --- CONCLUSION AND DISCUSSION --- p.34 / Implications --- p.34 / Limitation and Future Directions --- p.36 / APPENDIX I RECOMMENDATIONS FROM STUDY OF HONG KONG RESIDENTIAL MARKET BY THE CONSUMER COUNCIL IN 1996 --- p.41 / APPENDIX IIA SUMMARY OF 27 DATA UNDER STUDIED --- p.43 / APPENDIX IIB TIMELINES FOR 27 DATA UNDER STUDIED --- p.46 / APPENDIX III PRODUCT COMMONALITY BREAKDOWN --- p.52 / APPENDIX IV SUMMARY OF PRIMARY DATA --- p.54 / bibliography --- p.56