Impact of Residential Environment Infrastructure on Housing Jeonse Price

This study aimed to confirm how the residential environment infrastructure affects the jeonse price of housing for the purpose of pure residence.Among various residential environment infrastructures, subway-related variables for transportation infrastructure and park-related variables for living infrastructure were reflected, focusing on the location of the house. Based on this, differences by housing type were additionally confirmed. As a result, it was found that the closer to the subway, the higher the housing jeonse price, and the closer to the park, the lower the price. By housing type, apartments respond most sensitively to the distance from the subway, and in the impact analysis with parks, it was found that the closer the APT, the higher the housing price, and the closer the others, the lower or not affect the housing price. Comparing with previous studies centering on housing sales price, the impact on transportation infrastructure showed a similar effect, while park infrastructure showed completely opposite results, confirming that the influence reflected on the housing sales price and the jeonse price is different. Through this study, it was confirmed how the supply of infrastructure for the purpose of improving the residential environment is reflected in the residential cost, and the results show how urban policies should be planned in response to rapidly changing households.