1{2 "record_id": "e2aec14baa7ef3008564e4685e54665957939139",3 "eligible": true,4 "exclusion_reason": null,5 "study": {6 "title": "Determinants of Luxurious Condominium Prices in Bangkok CBD: A Case study of Encouraging Housing Affordability in Bangkok, Thailand",7 "year": 2022,8 "doi": "10.14246/irspsd.10.1_167",9 "country": "Thailand",10 "region_city": "Bangkok CBD",11 "sample_start": 2014,12 "sample_end": 2018,13 "property_type": "condo_apartment",14 "price_type": "listing",15 "data_source": "Project-level data on 55 new luxury condominium projects (developer sale prices per sq.m)",16 "document_type": "journal",17 "estimators": [18 "OLS"19 ],20 "spatial_method": "none",21 "time_fe": false,22 "location_fe": false,23 "se_type": "unknown",24 "n_obs_total": 55,25 "ai_methods": [],26 "notes": "Unit of observation is the condominium project (n = 55), not individual units; dependent variable is project selling price per square metre (THB). t-statistics in parentheses (stated in table note). Stars: *** 0.01, ** 0.05, * 0.10. R2 printed (adjusted R2 0.722/0.802/0.758). Semi-log DIST_TO_ST coefficient printed as .00001 with t = -.355 (sign inconsistency as printed)."27 },28 "models": [29 {30 "model_id": "T3-c1",31 "table": "3",32 "column": "Model 1 Linear",33 "page": 12,34 "dep_var": "Price (THB per sq.m)",35 "dep_transform": "per_m2",36 "estimator": "OLS",37 "n_obs": 55,38 "r2": 0.805,39 "se_or_t_in_parentheses": "t",40 "sample_subset": "55 luxury condominium projects within 1 km of rail stations"41 },42 {43 "model_id": "T3-c2",44 "table": "3",45 "column": "Model 2 Semi-log",46 "page": 12,47 "dep_var": "ln(Price per sq.m)",48 "dep_transform": "log",49 "estimator": "OLS",50 "n_obs": 55,51 "r2": 0.861,52 "se_or_t_in_parentheses": "t",53 "sample_subset": "Dependent variable is log of price per sq.m"54 },55 {56 "model_id": "T3-c3",57 "table": "3",58 "column": "Model 3 Double-log",59 "page": 12,60 "dep_var": "ln(Price per sq.m)",61 "dep_transform": "log",62 "estimator": "OLS",63 "n_obs": 55,64 "r2": 0.83,65 "se_or_t_in_parentheses": "t",66 "sample_subset": "Continuous regressors in logs; dummies unchanged"67 }68 ],69 "coefficients": [70 {71 "model_id": "T3-c1",72 "var_name_printed": "DIST_TO_ST",73 "taxonomy_id": "transit_distance",74 "x_transform": "level",75 "x_unit": "m",76 "beta": 14.93413,77 "se": null,78 "t": 0.521,79 "p": null,80 "p_stars": "",81 "ci_lo": null,82 "ci_hi": null,83 "page": 12,84 "confidence": "high",85 "notes": "Distance to nearest urban rail station; semi-log column prints positive coefficient with negative t (as printed)"86 },87 {88 "model_id": "T3-c2",89 "var_name_printed": "DIST_TO_ST",90 "taxonomy_id": "transit_distance",91 "x_transform": "level",92 "x_unit": "m",93 "beta": 1e-05,94 "se": null,95 "t": -0.355,96 "p": null,97 "p_stars": "",98 "ci_lo": null,99 "ci_hi": null,100 "page": 12,101 "confidence": "medium",102 "notes": "Distance to nearest urban rail station; semi-log column prints positive coefficient with negative t (as printed)"103 },104 {105 "model_id": "T3-c3",106 "var_name_printed": "DIST_TO_ST",107 "taxonomy_id": "transit_distance",108 "x_transform": "log",109 "x_unit": "m",110 "beta": -0.00781,111 "se": null,112 "t": -0.267,113 "p": null,114 "p_stars": "",115 "ci_lo": null,116 "ci_hi": null,117 "page": 12,118 "confidence": "high",119 "notes": "Distance to nearest urban rail station; semi-log column prints positive coefficient with negative t (as printed)"120 },121 {122 "model_id": "T3-c1",123 "var_name_printed": "CORE_CBD",124 "taxonomy_id": "cbd_distance",125 "x_transform": "binary",126 "x_unit": "binary",127 "beta": 2640.75367,128 "se": null,129 "t": 0.191,130 "p": null,131 "p_stars": "",132 "ci_lo": null,133 "ci_hi": null,134 "page": 12,135 "confidence": "high",136 "notes": "Dummy = 1 if located in core CBD"137 },138 {139 "model_id": "T3-c2",140 "var_name_printed": "CORE_CBD",141 "taxonomy_id": "cbd_distance",142 "x_transform": "binary",143 "x_unit": "binary",144 "beta": -0.04,145 "se": null,146 "t": -0.258,147 "p": null,148 "p_stars": "",149 "ci_lo": null,150 "ci_hi": null,151 "page": 12,152 "confidence": "high",153 "notes": "Dummy = 1 if located in core CBD"154 },155 {156 "model_id": "T3-c3",157 "var_name_printed": "CORE_CBD",158 "taxonomy_id": "cbd_distance",159 "x_transform": "binary",160 "x_unit": "binary",161 "beta": -0.00833,162 "se": null,163 "t": -0.216,164 "p": null,165 "p_stars": "",166 "ci_lo": null,167 "ci_hi": null,168 "page": 12,169 "confidence": "high",170 "notes": "Dummy = 1 if located in core CBD"171 },172 {173 "model_id": "T3-c1",174 "var_name_printed": "UNITS",175 "taxonomy_id": "other",176 "x_transform": "level",177 "x_unit": "count",178 "beta": 69.28454,179 "se": null,180 "t": 1.786,181 "p": null,182 "p_stars": "*",183 "ci_lo": null,184 "ci_hi": null,185 "page": 12,186 "confidence": "high",187 "notes": "Number of units in the project"188 },189 {190 "model_id": "T3-c2",191 "var_name_printed": "UNITS",192 "taxonomy_id": "other",193 "x_transform": "level",194 "x_unit": "count",195 "beta": 8e-05,196 "se": null,197 "t": 1.767,198 "p": null,199 "p_stars": "*",200 "ci_lo": null,201 "ci_hi": null,202 "page": 12,203 "confidence": "high",204 "notes": "Number of units in the project"205 },206 {207 "model_id": "T3-c3",208 "var_name_printed": "UNITS",209 "taxonomy_id": "other",210 "x_transform": "log",211 "x_unit": "count",212 "beta": 0.03358,213 "se": null,214 "t": 0.513,215 "p": null,216 "p_stars": "",217 "ci_lo": null,218 "ci_hi": null,219 "page": 12,220 "confidence": "high",221 "notes": "Number of units in the project"222 },223 {224 "model_id": "T3-c1",225 "var_name_printed": "FLOORS",226 "taxonomy_id": "storeys",227 "x_transform": "level",228 "x_unit": "count",229 "beta": -483.23396,230 "se": null,231 "t": -0.861,232 "p": null,233 "p_stars": "",234 "ci_lo": null,235 "ci_hi": null,236 "page": 12,237 "confidence": "high",238 "notes": "Number of floors of the building"239 },240 {241 "model_id": "T3-c2",242 "var_name_printed": "FLOORS",243 "taxonomy_id": "storeys",244 "x_transform": "level",245 "x_unit": "count",246 "beta": -0.00038,247 "se": null,248 "t": -0.6,249 "p": null,250 "p_stars": "",251 "ci_lo": null,252 "ci_hi": null,253 "page": 12,254 "confidence": "high",255 "notes": "Number of floors of the building"256 },257 {258 "model_id": "T3-c3",259 "var_name_printed": "FLOORS",260 "taxonomy_id": "storeys",261 "x_transform": "log",262 "x_unit": "count",263 "beta": -0.04395,264 "se": null,265 "t": -0.935,266 "p": null,267 "p_stars": "",268 "ci_lo": null,269 "ci_hi": null,270 "page": 12,271 "confidence": "high",272 "notes": "Number of floors of the building"273 },274 {275 "model_id": "T3-c1",276 "var_name_printed": "AREA",277 "taxonomy_id": "lot_size",278 "x_transform": "level",279 "x_unit": "m2",280 "beta": -4.16441,281 "se": null,282 "t": -1.378,283 "p": null,284 "p_stars": "",285 "ci_lo": null,286 "ci_hi": null,287 "page": 12,288 "confidence": "high",289 "notes": "Project (site) area in sq.m, not unit size"290 },291 {292 "model_id": "T3-c2",293 "var_name_printed": "AREA",294 "taxonomy_id": "lot_size",295 "x_transform": "level",296 "x_unit": "m2",297 "beta": -1e-05,298 "se": null,299 "t": -1.522,300 "p": null,301 "p_stars": "",302 "ci_lo": null,303 "ci_hi": null,304 "page": 12,305 "confidence": "high",306 "notes": "Project (site) area in sq.m, not unit size"307 },308 {309 "model_id": "T3-c3",310 "var_name_printed": "AREA",311 "taxonomy_id": "lot_size",312 "x_transform": "log",313 "x_unit": "m2",314 "beta": -0.01511,315 "se": null,316 "t": -0.329,317 "p": null,318 "p_stars": "",319 "ci_lo": null,320 "ci_hi": null,321 "page": 12,322 "confidence": "high",323 "notes": "Project (site) area in sq.m, not unit size"324 },325 {326 "model_id": "T3-c1",327 "var_name_printed": "FACILITY",328 "taxonomy_id": "recreation_private",329 "x_transform": "binary",330 "x_unit": "binary",331 "beta": -13592.16403,332 "se": null,333 "t": -0.921,334 "p": null,335 "p_stars": "",336 "ci_lo": null,337 "ci_hi": null,338 "page": 12,339 "confidence": "high",340 "notes": "Common facilities (pool, exercise room, sauna)"341 },342 {343 "model_id": "T3-c2",344 "var_name_printed": "FACILITY",345 "taxonomy_id": "recreation_private",346 "x_transform": "binary",347 "x_unit": "binary",348 "beta": -0.01804,349 "se": null,350 "t": -1.089,351 "p": null,352 "p_stars": "",353 "ci_lo": null,354 "ci_hi": null,355 "page": 12,356 "confidence": "high",357 "notes": "Common facilities (pool, exercise room, sauna)"358 },359 {360 "model_id": "T3-c3",361 "var_name_printed": "FACILITY",362 "taxonomy_id": "recreation_private",363 "x_transform": "binary",364 "x_unit": "binary",365 "beta": -0.00618,366 "se": null,367 "t": -0.136,368 "p": null,369 "p_stars": "",370 "ci_lo": null,371 "ci_hi": null,372 "page": 12,373 "confidence": "high",374 "notes": "Common facilities (pool, exercise room, sauna)"375 },376 {377 "model_id": "T3-c1",378 "var_name_printed": "DEVELOPER",379 "taxonomy_id": "other",380 "x_transform": "binary",381 "x_unit": "binary",382 "beta": 13892.27443,383 "se": null,384 "t": 0.881,385 "p": null,386 "p_stars": "",387 "ci_lo": null,388 "ci_hi": null,389 "page": 12,390 "confidence": "high",391 "notes": "Developer listed on Stock Exchange of Thailand"392 },393 {394 "model_id": "T3-c2",395 "var_name_printed": "DEVELOPER",396 "taxonomy_id": "other",397 "x_transform": "binary",398 "x_unit": "binary",399 "beta": 0.01976,400 "se": null,401 "t": 1.117,402 "p": null,403 "p_stars": "",404 "ci_lo": null,405 "ci_hi": null,406 "page": 12,407 "confidence": "high",408 "notes": "Developer listed on Stock Exchange of Thailand"409 },410 {411 "model_id": "T3-c3",412 "var_name_printed": "DEVELOPER",413 "taxonomy_id": "other",414 "x_transform": "binary",415 "x_unit": "binary",416 "beta": 0.05353,417 "se": null,418 "t": 1.163,419 "p": null,420 "p_stars": "",421 "ci_lo": null,422 "ci_hi": null,423 "page": 12,424 "confidence": "high",425 "notes": "Developer listed on Stock Exchange of Thailand"426 },427 {428 "model_id": "T3-c1",429 "var_name_printed": "CAR_PARK",430 "taxonomy_id": "parking",431 "x_transform": "level",432 "x_unit": "share",433 "beta": 528.34177,434 "se": null,435 "t": 3.07,436 "p": null,437 "p_stars": "***",438 "ci_lo": null,439 "ci_hi": null,440 "page": 12,441 "confidence": "high",442 "notes": "Percentage of car parking lots per unit"443 },444 {445 "model_id": "T3-c2",446 "var_name_printed": "CAR_PARK",447 "taxonomy_id": "parking",448 "x_transform": "level",449 "x_unit": "share",450 "beta": 0.0006,451 "se": null,452 "t": 3.085,453 "p": null,454 "p_stars": "***",455 "ci_lo": null,456 "ci_hi": null,457 "page": 12,458 "confidence": "high",459 "notes": "Percentage of car parking lots per unit"460 },461 {462 "model_id": "T3-c3",463 "var_name_printed": "CAR_PARK",464 "taxonomy_id": "parking",465 "x_transform": "log",466 "x_unit": "share",467 "beta": 0.10543,468 "se": null,469 "t": 1.447,470 "p": null,471 "p_stars": "",472 "ci_lo": null,473 "ci_hi": null,474 "page": 12,475 "confidence": "high",476 "notes": "Percentage of car parking lots per unit"477 },478 {479 "model_id": "T3-c1",480 "var_name_printed": "PARK",481 "taxonomy_id": "green_space",482 "x_transform": "binary",483 "x_unit": "binary",484 "beta": 46997.97505,485 "se": null,486 "t": 3.115,487 "p": null,488 "p_stars": "***",489 "ci_lo": null,490 "ci_hi": null,491 "page": 12,492 "confidence": "high",493 "notes": "Private recreation park inside the project"494 },495 {496 "model_id": "T3-c2",497 "var_name_printed": "PARK",498 "taxonomy_id": "green_space",499 "x_transform": "binary",500 "x_unit": "binary",501 "beta": 0.069,502 "se": null,503 "t": 4.076,504 "p": null,505 "p_stars": "***",506 "ci_lo": null,507 "ci_hi": null,508 "page": 12,509 "confidence": "high",510 "notes": "Private recreation park inside the project"511 },512 {513 "model_id": "T3-c3",514 "var_name_printed": "PARK",515 "taxonomy_id": "green_space",516 "x_transform": "binary",517 "x_unit": "binary",518 "beta": 0.1503,519 "se": null,520 "t": 3.525,521 "p": null,522 "p_stars": "***",523 "ci_lo": null,524 "ci_hi": null,525 "page": 12,526 "confidence": "high",527 "notes": "Private recreation park inside the project"528 },529 {530 "model_id": "T3-c1",531 "var_name_printed": "FEE",532 "taxonomy_id": "other",533 "x_transform": "level",534 "x_unit": "THB per m2",535 "beta": 1530.39732,536 "se": null,537 "t": 4.336,538 "p": null,539 "p_stars": "***",540 "ci_lo": null,541 "ci_hi": null,542 "page": 12,543 "confidence": "high",544 "notes": "Common area fee per sq.m per month"545 },546 {547 "model_id": "T3-c2",548 "var_name_printed": "FEE",549 "taxonomy_id": "other",550 "x_transform": "level",551 "x_unit": "THB per m2",552 "beta": 0.00189,553 "se": null,554 "t": 4.773,555 "p": null,556 "p_stars": "***",557 "ci_lo": null,558 "ci_hi": null,559 "page": 12,560 "confidence": "high",561 "notes": "Common area fee per sq.m per month"562 },563 {564 "model_id": "T3-c3",565 "var_name_printed": "FEE",566 "taxonomy_id": "other",567 "x_transform": "log",568 "x_unit": "THB per m2",569 "beta": 0.3847,570 "se": null,571 "t": 4.36,572 "p": null,573 "p_stars": "***",574 "ci_lo": null,575 "ci_hi": null,576 "page": 12,577 "confidence": "high",578 "notes": "Common area fee per sq.m per month"579 },580 {581 "model_id": "T3-c1",582 "var_name_printed": "CORNER",583 "taxonomy_id": "other",584 "x_transform": "binary",585 "x_unit": "binary",586 "beta": 25253.07083,587 "se": null,588 "t": 1.59,589 "p": null,590 "p_stars": "",591 "ci_lo": null,592 "ci_hi": null,593 "page": 12,594 "confidence": "high",595 "notes": "Building located at street corner"596 },597 {598 "model_id": "T3-c2",599 "var_name_printed": "CORNER",600 "taxonomy_id": "other",601 "x_transform": "binary",602 "x_unit": "binary",603 "beta": 0.04489,604 "se": null,605 "t": 2.277,606 "p": null,607 "p_stars": "**",608 "ci_lo": null,609 "ci_hi": null,610 "page": 12,611 "confidence": "high",612 "notes": "Building located at street corner"613 },614 {615 "model_id": "T3-c3",616 "var_name_printed": "CORNER",617 "taxonomy_id": "other",618 "x_transform": "binary",619 "x_unit": "binary",620 "beta": 0.07695,621 "se": null,622 "t": 1.519,623 "p": null,624 "p_stars": "",625 "ci_lo": null,626 "ci_hi": null,627 "page": 12,628 "confidence": "high",629 "notes": "Building located at street corner"630 },631 {632 "model_id": "T3-c1",633 "var_name_printed": "MAIN_RD",634 "taxonomy_id": "highway_distance",635 "x_transform": "level",636 "x_unit": "m",637 "beta": 15.79588,638 "se": null,639 "t": 0.542,640 "p": null,641 "p_stars": "",642 "ci_lo": null,643 "ci_hi": null,644 "page": 12,645 "confidence": "high",646 "notes": "Distance to nearest main road"647 },648 {649 "model_id": "T3-c2",650 "var_name_printed": "MAIN_RD",651 "taxonomy_id": "highway_distance",652 "x_transform": "level",653 "x_unit": "m",654 "beta": 1e-05,655 "se": null,656 "t": 0.288,657 "p": null,658 "p_stars": "",659 "ci_lo": null,660 "ci_hi": null,661 "page": 12,662 "confidence": "high",663 "notes": "Distance to nearest main road"664 },665 {666 "model_id": "T3-c3",667 "var_name_printed": "MAIN_RD",668 "taxonomy_id": "highway_distance",669 "x_transform": "log",670 "x_unit": "m",671 "beta": -0.00219,672 "se": null,673 "t": -0.193,674 "p": null,675 "p_stars": "",676 "ci_lo": null,677 "ci_hi": null,678 "page": 12,679 "confidence": "high",680 "notes": "Distance to nearest main road"681 },682 {683 "model_id": "T3-c1",684 "var_name_printed": "EXPWAY",685 "taxonomy_id": "highway_distance",686 "x_transform": "level",687 "x_unit": "m",688 "beta": -24.97502,689 "se": null,690 "t": -2.734,691 "p": null,692 "p_stars": "***",693 "ci_lo": null,694 "ci_hi": null,695 "page": 12,696 "confidence": "high",697 "notes": "Distance to nearest expressway"698 },699 {700 "model_id": "T3-c2",701 "var_name_printed": "EXPWAY",702 "taxonomy_id": "highway_distance",703 "x_transform": "level",704 "x_unit": "m",705 "beta": -3e-05,706 "se": null,707 "t": -2.76,708 "p": null,709 "p_stars": "***",710 "ci_lo": null,711 "ci_hi": null,712 "page": 12,713 "confidence": "high",714 "notes": "Distance to nearest expressway"715 },716 {717 "model_id": "T3-c3",718 "var_name_printed": "EXPWAY",719 "taxonomy_id": "highway_distance",720 "x_transform": "log",721 "x_unit": "m",722 "beta": -0.08183,723 "se": null,724 "t": -2.855,725 "p": null,726 "p_stars": "***",727 "ci_lo": null,728 "ci_hi": null,729 "page": 12,730 "confidence": "high",731 "notes": "Distance to nearest expressway"732 },733 {734 "model_id": "T3-c1",735 "var_name_printed": "DEPART",736 "taxonomy_id": "commercial_distance",737 "x_transform": "level",738 "x_unit": "m",739 "beta": 0.55753,740 "se": null,741 "t": 0.041,742 "p": null,743 "p_stars": "",744 "ci_lo": null,745 "ci_hi": null,746 "page": 12,747 "confidence": "high",748 "notes": "Distance to nearest department store/mall"749 },750 {751 "model_id": "T3-c2",752 "var_name_printed": "DEPART",753 "taxonomy_id": "commercial_distance",754 "x_transform": "level",755 "x_unit": "m",756 "beta": 1e-05,757 "se": null,758 "t": 0.361,759 "p": null,760 "p_stars": "",761 "ci_lo": null,762 "ci_hi": null,763 "page": 12,764 "confidence": "high",765 "notes": "Distance to nearest department store/mall"766 },767 {768 "model_id": "T3-c3",769 "var_name_printed": "DEPART",770 "taxonomy_id": "commercial_distance",771 "x_transform": "log",772 "x_unit": "m",773 "beta": 0.00861,774 "se": null,775 "t": 0.35,776 "p": null,777 "p_stars": "",778 "ci_lo": null,779 "ci_hi": null,780 "page": 12,781 "confidence": "high",782 "notes": "Distance to nearest department store/mall"783 },784 {785 "model_id": "T3-c1",786 "var_name_printed": "SCHOOL",787 "taxonomy_id": "school_distance",788 "x_transform": "level",789 "x_unit": "m",790 "beta": 5.20411,791 "se": null,792 "t": 0.261,793 "p": null,794 "p_stars": "",795 "ci_lo": null,796 "ci_hi": null,797 "page": 12,798 "confidence": "high",799 "notes": "Distance to nearest school/university"800 },801 {802 "model_id": "T3-c2",803 "var_name_printed": "SCHOOL",804 "taxonomy_id": "school_distance",805 "x_transform": "level",806 "x_unit": "m",807 "beta": 1e-05,808 "se": null,809 "t": 0.298,810 "p": null,811 "p_stars": "",812 "ci_lo": null,813 "ci_hi": null,814 "page": 12,815 "confidence": "high",816 "notes": "Distance to nearest school/university"817 },818 {819 "model_id": "T3-c3",820 "var_name_printed": "SCHOOL",821 "taxonomy_id": "school_distance",822 "x_transform": "log",823 "x_unit": "m",824 "beta": 0.00813,825 "se": null,826 "t": 0.308,827 "p": null,828 "p_stars": "",829 "ci_lo": null,830 "ci_hi": null,831 "page": 12,832 "confidence": "high",833 "notes": "Distance to nearest school/university"834 },835 {836 "model_id": "T3-c1",837 "var_name_printed": "HOSP",838 "taxonomy_id": "hospital_distance",839 "x_transform": "level",840 "x_unit": "m",841 "beta": 6.90188,842 "se": null,843 "t": 0.421,844 "p": null,845 "p_stars": "",846 "ci_lo": null,847 "ci_hi": null,848 "page": 12,849 "confidence": "high",850 "notes": "Distance to nearest hospital"851 },852 {853 "model_id": "T3-c2",854 "var_name_printed": "HOSP",855 "taxonomy_id": "hospital_distance",856 "x_transform": "level",857 "x_unit": "m",858 "beta": 2e-05,859 "se": null,860 "t": 0.961,861 "p": null,862 "p_stars": "",863 "ci_lo": null,864 "ci_hi": null,865 "page": 12,866 "confidence": "high",867 "notes": "Distance to nearest hospital"868 },869 {870 "model_id": "T3-c3",871 "var_name_printed": "HOSP",872 "taxonomy_id": "hospital_distance",873 "x_transform": "log",874 "x_unit": "m",875 "beta": 0.03615,876 "se": null,877 "t": 1.176,878 "p": null,879 "p_stars": "",880 "ci_lo": null,881 "ci_hi": null,882 "page": 12,883 "confidence": "high",884 "notes": "Distance to nearest hospital"885 }886 ]887}