Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia

Research Article

Determinant Factors of House Price Using Regression Analysis

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  • @INPROCEEDINGS{10.4108/eai.5-8-2020.2301209,
        author={Zeni  Rusmawati and Rieska  Maharani and Dedy  Surahman},
        title={Determinant Factors of House Price Using Regression Analysis},
        proceedings={Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020,  5 - 6 August 2020, Purwokerto, Indonesia},
        publisher={EAI},
        proceedings_a={ICBAE},
        year={2020},
        month={10},
        keywords={house price lsf (land area) bsf (building area) bedroom bathroom electrical material carport regression surabaya gresik},
        doi={10.4108/eai.5-8-2020.2301209}
    }
    
  • Zeni Rusmawati
    Rieska Maharani
    Dedy Surahman
    Year: 2020
    Determinant Factors of House Price Using Regression Analysis
    ICBAE
    EAI
    DOI: 10.4108/eai.5-8-2020.2301209
Zeni Rusmawati1,*, Rieska Maharani1, Dedy Surahman1
  • 1: Muhammadiyah University of Surabaya
*Contact email: u_zeni@yahoo.co.id

Abstract

House Investing is everyone desire, it is ether used for dwelling or business activities. The purpose of this study was to determine the house price (utilities, electrical, land area (LSF), building area (BSF), bedroom, bathroom, security, certificate, flood area, material, carport, facilities, and the numbers of floors). This research used the sample of 100 houses in Surabaya and Gresik. Based on regression test, the result showed that the determinant factors of the house price in Surabaya are LSF (land area), BSF (building area), bedroom and bathroom, while electrical, LSF (land area), BSF (building area), material and carport are the determinant factors in Gresik.