Cheung Wai Yin. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2006. / Includes bibliographical references (leaves [137]-141). / Abstracts in English and Chinese. / Abstract --- p.i-ii / Acknowledgements --- p.iii / Table of Contents --- p.iv-v / List of Tables --- p.vi / List of Figures --- p.vii-ix / Chapter Chapter 1 --- Introduction --- p.1 / Chapter Chapter 2 --- Literature Review --- p.8 / Chapter 2.1 --- Studies of Inter-temporal Stability of Correlation --- p.9 / Chapter 2.2 --- Studies of Contagion --- p.14 / Chapter 2.2.1 --- Sample Splitting Approach --- p.15 / Chapter 2.2.2 --- Time Series Approach --- p.20 / Chapter 2.3 --- Studies of Correlation Asymmetry --- p.24 / Chapter 2.3.1 --- Semi-correlation Analysis --- p.25 / Chapter 2.3.2 --- Extreme Value Theory --- p.26 / Chapter 2.3.3 --- Regression Approach --- p.27 / Chapter 2.3.4 --- Others --- p.27 / Chapter Chapter 3 --- Data Description --- p.30 / Chapter 3.1 --- Economic Property Research Center (EPRC) Dataset --- p.30 / Chapter 3.2 --- Measurement of Housing Price --- p.33 / Chapter 3.3 --- Measurement of Trading Volume --- p.37 / Chapter Chapter 4 --- Methodology --- p.38 / Chapter Chapter 5 --- Empirical Results --- p.43 / Chapter 5.1 --- Overview of the Dataset --- p.43 / Chapter 5.2 --- Rolling Window Estimation --- p.45 / Chapter 5.2.1 --- Count of Correlation Coefficients in Each Window --- p.45 / Chapter 5.2.2 --- The Summary Statistics of Correlation Coefficients --- p.47 / Chapter 5.2.3 --- Correlation Distribution in Two Selected Windows --- p.53 / Chapter 5.2.4 --- Discussion and Some Further Evidence --- p.57 / Chapter 5.2.5 --- Within-group and Inter-group Correlations --- p.60 / Chapter 5.3 --- Correlation Asymmetry --- p.62 / Chapter 5.4 --- Does High Correlation in Rate of Return Imply High Correlation in Trading Volume? --- p.64 / Chapter 5.5 --- Robustness Check --- p.66 / Chapter Chapter 6 --- Conclusion --- p.73 / Appendix I A Summary of Hedonic Pricing Equation --- p.77 / Appendix II Illustration of Composition Effect --- p.79 / Appendix III A Summary of Calculating Correlation Coefficient --- p.81 / Appendix IV CLMX Variance Decomposition --- p.84 / Appendix V Tables --- p.87 / Appendix VI Figures --- p.94 / List of References --- p.137

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

Thesis (M.B.A.)--University of Hong Kong, 1995. / "1995"--Cover. Includes bibliographical references.

The aim of my thesis is to focus on issues of ethics in real estate operations and search optimal criteria for ethics in the real estate business. I mention ethical codes and their application and rationale at work of real estate agencies and professional associations. Furthermore I explore the real estate market in the Czech Republic in terms of ethics and I mention characteristics of ethically solid agencies, however I will also devote most common unfair practices within the real estate business and the current problems of the real estate market, which do not contribute to an ethical environment in business. Using the survey I examine thinking about ethics in the real estate business from two perspectives, namely from the perspective of the client, whether former, current or potential, and from the perspective of real estate agencies and brokers.

Thesis (MBA)--Stellenbosch University, 2014. / This research assignment investigated the determinants of liquidity in the South African securitised real estate sector over the period 1992 to 2012. The main findings suggested that market capitalisation is the most important driver of liquidity and that in contrast to other studies, the levels of insider ownership and shareholder equity do not influence liquidity. Dividend yield and, to a lesser extent, share price level was also found to be positively related to liquidity, which was surprising given the findings in literature. Good managers can therefore enhance share performance and value by focusing on building market capitalisation and maintaining high dividend pay-outs.

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

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

published_or_final_version / Real Estate and Construction / Master / Master of Science in Real Estate and Construction Development

published_or_final_version / Business Administration / Master / Master of Business Administration

published_or_final_version / Business Administration / Master / Master of Business Administration