Defining Affecting Factors on real estate purchase decision: A survey of Mongolian residential real estate owners
Journal Title: Invention Journal of Research Technology in Engineering & Management - Year 2018, Vol 2, Issue 12
Abstract
Recent years, the concept of real estate has become more complexed and real estate buyer's demand and needs have been changed. This study investigates the factors that influencing buyers consider when purchasing residential real estate in Ulaanbaatar, Mongolia. Also, the study aimed to test and confirm the determine important factors for real estate purchase behavior. By surveyed a set of 320 Mongolian residential real estate owners who are bought apartment last 6 months, the response rate was 93 percent and uses 300 valid responses applying regression analysis and descriptive statistics. The Findings indicated that apartment features, financial conditions, environment have significant positive relationships with the real estate purchase decision. In addition, the implications of the studies for several factors are also discussed
Authors and Affiliations
Boldbayar Davaasuren
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