Build Real Estate Evaluation Model Based on Customer Requirement After COVID-19

Author:

Huang Wen-Pin1,Hung Chih-Hsing2

Affiliation:

1. Program in Finance and Banking, Kaohsiung University of Science and Technology, TAIWAN

2. Department of Money and Banking, Kaohsiung University of Science and Technology, TAIWAN

Abstract

In Taiwan, real estate is not only the high price product but also is necessities. Every family needs real estate to live. Maybe, some citizens decide to rent house in the short period. But, major part of citizen will purchase real estate in the future. In past researches, evaluating performance of real estate mainly consider the function and condition of this house such as location, house type, floor, building age etc. However, the demand of specific consumer is importance factors to evaluate the performance of this customer. Especially, the requirement of real estate for consumer has been changed after COVID-19. The goal of this study is to build the evaluation model and relative criteria to evaluate performance of real estate in order to fit with the requirement of specific real estate consumer. A case study is implemented for the reader to realize the proposed method. Sensitive analysis will be executed and proposed method will be compared with traditional multi criteria method to justify the usefulness of this method. Some conclusion and future research will be taken over as ending.

Publisher

World Scientific and Engineering Academy and Society (WSEAS)

Subject

Economics and Econometrics,Finance,Business and International Management

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