英文摘要 |
Feng Shui is a broad and profound knowledge, orientation is also one of Feng Shui factors. This study discusses the importance of residential property orientation by Hedonic Model Prices in Taipei city. The results show that south-facing house is positively related to the property price. On the other hand, west-facing house has an inverse relationship with price. The impact of west-facing is greater than that of south-facing, which indicates that home buyers are more concerned about the negative impact of west-facing. This paper speculates that this may be due to the fact that feng shui of south-facing is still generally popular in modern times and can increase residential property prices by as much as 1.4 percent, and high-priced south-facing property are 30.9% more expensive than lower-priced ones, while the negative effect of west-facing is still strong enough to reduce property prices by 4.9 percent and increase prices of high-priced property by 25.3 percent compared with low-priced ones. |