2011年物业管理外文翻译--物业管理对物业价格的影响：香港案例研究（节选）

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1、2300 英文单词， 12500 英文字符 ，中文 3500 字 文献出处： Hui E C, Lau H T, Khan T H. Effect of property management on property price: a case study in HKJ. Facilities, 2011, 29(11):459-471. Effect of property management on property price: a case study in HK Eddie Chi-Man Hui, Hoi Ting Lau and Tareef Hayat Khan Abstrac

2、t Purpose It has been said that peoples expectation towards their living space has been increased. They have a higher requirement not only for the facilities it provides, but also for the quality of property management services. Property management is now regarded as one of the important considerati

3、ons of buyers in purchasing a property. This research paper aims to investigate the significance of the quality of property management to property buyers. Design/methodology/approach ISO 9001 Certification and HKMA Quality Award (HKMAQA) are used as the measurement of the quality of property managem

4、ent. The paper used a hedonic price model to determine whether there is a relationship between property management and property price and the inference of property management on property price if there is such relationship. Seven private residential estates in Ma On Shan with similar locational char

5、acteristics were selected in the research. Findings The empirical results show that property management has a significant and positive relationship with property prices. People are willing to pay 4.92 percent and 2.84 percent more on properties managed by a property management company that is ISO 90

6、01-certified and HKMAQA winner respectively. Research limitations/implications The implications of the results imply that well-recognized property management increases the value of a property and attracts second-hand property buyers, and quality property management adds value to properties and hence increases the property price. Originality/value The research has contributed an indication of the amount a household would be willing to pay on quality property management services as