Apartment resale market influenced by real estate characteristics during construction period.
The study looked at how characteristics of real estate markets and sales contracts affect the likelihood of apartment ownership being resold during the construction period. Factors like education and transportation quality, apartment size and height, and market price trends were found to influence resale potential. Higher price index increases and stronger real estate policies in the market were linked to higher resale chances. Additionally, factors like pricing levels, contract conditions, and buyer characteristics were significant in determining resale potential in the apartment market.