Factors effecting the value of industrial real estate in Vietnam’s southern region by regression model

Abstract

In 2020, Industrial real estate in Vietnam develops very strongly. However, given the current robust growth, there are numerous possible concerns. Therefore, determining the factors affecting the value of industrial real estate in Vietnam’s southern region is necessary and has great practical significace. The research was carried out in two stages: Phase 1 requires twenty-five factors to analyze the effect on the value of the industrial real estate in Vietnam's southern region in five aspects: quality, cost, location, objectivity, and a few others. The average value test is used to determine which elements have an impact, and then the scale test is used to determine the scale's applicability. The final phase in phase 1 is factor analysis, which is used to narrow down the elements and that is identified 9 factors affecting as well as the hidden components that lie beneath those primary factors. In phase 2, data was collected on sixty-four factories in Ho Minh City and the neighboring southern districts based on the nine criteria discovered in phase one. After removing a few preliminary assumptions that aren't statistically insignificant from the model. The final regression model was statistically significant when all of the assumptions were weighted. Further analysis of the factors in phase 1 reveals a significant amount of potential within that has an impact on the industrial assets in the Southern region. The study alse built a model to estimate the value of industrial real estate in the Southern region.