2002 - The 8^th Annual PRRES Conference in Christchurch, New Zealand

Proceedings from the 8th Annual Conference PRRES Conference

Delegate Papers

Papers shown as "refereed" have been refereed through a peer review process involving an expert international board of referees headed by Dr Dulani Halvitigala. Full papers were refereed with authors being required to make any changes prior to presentation at the conference and subsequent publication as a refereed paper in these proceedings.   Non-refereed presentations may be presented at the conference without a full paper and hence not all non-refereed presentations and/or papers appear in these proceedings.  All authors retain the copyright in their individual papers.

• Billy McCluskey, Frances Plimmer & Owen Connellan

  Banding of Property Values - Investigating the Potential of Property Tax Banding (158kB)

• Bob Hargreaves, The Banks Peninsula Experience

  A Case Study in Rural Tourism (400kB)

• Bob Hargreaves

  To Rent or Buy: That is the Question (160kB)

• Brent Nahkies, Heritage Protection

  Redefining Highest and Best Use (523kB)

• Bryan Baker

  Developing a Model for Residential Rental Real Estate Investment in Melbourne (Australia) (56kB)

• Chi-Yuan Tsai

  The Housing Location in Taipei Area (322kB)

• Chris Eves

  The Role of Rural Land in Mixed Asset Investment Portfolios (194kB)

• Chris Heywood, Russell Kenley, Greg Missingham

  Strategic Local Government Corporate Property Management: A Human Dimension (262kB)

• Connie Susilawati

  Customer Satisfaction Survey of the Facilities Provided by office Building "X" in Surabaya (298kB)

• Connie Susilawati, Sutoto Yakobus and Lenny Sulistyawati

  The Influence of travel time and size of shopping centre towards the frequencies of visiting customers in shopping centre in Surabaya (449kB)

• Craig Watkins, and Chris Leishman

  Examining the persistence of housing submarket price differences (130kB)

• David Parker and Jon Robinson

  Generic Software Packages: A Further Critical Evaluation (301kB)

• David Parker

  The Australian Discounted Cash Flow Standard: Progress, Issues and Implications (105kB)

• Eddi Hui and Francis Wong

  Dynamic Impact of Land Supply on Population Mobility with evidence from Hong Kong (440kB)

• Eddie Hui and Vivien Ho

  Relationship Between Land Use Planning System, Land Supply,and Housing Prices in Hong Kong (454kB)

• Elias Oikarinen

  An Application of the Consumption Based Asset Pricing Model to Housing Markets (257kB)

• Francis Wong and Eddie Hui

  Affordable Housing Development in Western China: A case study of Chongqing

• Garrick Small

  An Experimental Study of Auction Behaviour (339kB)

• Gary Dowse, Raewyn Fortes and Allan Smee

  Virtual Property: An Interactive Computer Based Learning Experience (237kB)

• Gary Dowse

  The Accuracy of MUREAU Residential Market Forecasts (498kB)

• Geoff Page

  Teaching Online Property Programs (248kB)

• Graeme Newell & Peter Acheampong

  The Quality of Property Education in Australia (261kB)

• Graeme Newell & Peter Acheampong

  The Role of Property in Ethical Managed Funds (228kB)

• Graeme Newell, Peter Acheampong and Elaine Worzala

  Property Research Priorities in Australia (229kB)

• Graham Crews

  Real Estate Agents and Consumer Service: The Market Revisited (365kB)

• Greg Schwann, Henk Berkman

  Trading on Discrete Prices in a Residential Real Estate Market

• H. F. Leung and K C Wong

  Risks Created by Tortuous Claims on Unit Owners of Multi Storey Buildings in Hong Kong

• Henning Bjornlund

  Are Water Markets Maturing? (103kB)

• Iona McCarthy

  The Market for Dairy Farms Under Fonterra Cooperative Group (267kB)

• Ismail Omar

  Institutional approach to the land development process in Malaysia (567kB)

• Ismail Omar

  Rules Affecting the  Land Development Process in Malaysia The Need for Environmental Impact Assessment (EIA) (419kB)

• Jack Dunham

  Valuation Best Practice: But What are the Benchmarks (694kB)

• John Baen

  The Implication of September 11, 2001 and Terrorism on International Urban Form and Various Classes of Real Estate. (69kB)

• John Dunckley

  Financial Reporting: The Drive for Global Convergence (445kB)

• John Flaherty and Ric Lombardo

  Negatively Geared Property: Determining the Investment Sum (322kB)

• John Keogh and Paul Bradley

  The Potential  for Contractual Disputes in Retirement Village Living (409kB)

• John Lawson

  The Search for a Valuation Theory (381kB)

• John MacFarlane, Jane Murray, David Parker and Vincent Peng

  Forecasting Property Market Cycles: An Application of the RICS Model to the Sydney CBD Office market (403kB)

• John McDonagh

  Measuring Corporate Real Estate Asset Management Performance (482kB)

• John Murdoch, Diana Kincaid, Negligent Valuations

  Passing the Buck in Australasia and the UK (480kB)

• John Sheehan and Garrick Small

  Towards a Definition of Property Rights (265kB)

• Jon Robinson

  Asset Allocation in Balanced Portfolios: A Note on the Place of Property (101kB)

• Joseph T L Ooi and Liow Kim Hiang

  No Rush on REITs in Singapore

• Joseph T L Ooi and Liow Kim Hiang

  Real Estate Securitisation: Unlocking Corporate Wealth

• K W Chau, Murders

  Externalities and market efficiency - empirical evidence from Hong Kong (61kB)

• K.C. Wong

  The Faustmann Condition and the Real Estate Redevelopment Cycle (106kB)

• Karl-Werner Schulte

  The Role of Real Estate Investment & Finance in Education and Research

• Liow Kim Hiang

  The Link Between Singapore Property and Equity Markets

• Liow Kim Hiang

  Time-varying Net Asset Value Discount of Singapore Property Companies

• Maurizio d'Amato

  A Comparison Between Dividend Discount Model and Cyclical Dividend Discount Model for Income Producing Property Appraisal (370kB)

• Max Kummerow, A Statistical Definition of Value

  (448kB)

• Max Kummerow

  The Scope and Method of Political Economy, 2001 (393kB)

• Michael Blight and John MacFarlane

  Price Movements and Risk in the Sydney Housing Market: 1970 to 2000 (82kB)

• Neil Dunse and C Jones

  The Spatial Pattern of Industrial Rents and the Role of Distance

• Nelson Chan, Stigma Assessment

  A Multi-criteria Decision-Making Approach (273kB)

• Nico Rottke, Real Estate Cycles in Germany

  Causes and Empirical Analysis and recommendations for the decision process (362kB)

• Patrick Rowland and Sandi Murdoch

  Security of Tenure for Small Retail Business (480kB)

• Patrick Rowland

  Lease Length and the Care of Properties (613kB)

• Patrick Wilson and Richard Gerlach

  Potential Diversification Benefits in the Presence of Unknown Structural Breaks: An Australian Case Study (325kB)

• Patrick Wilson, Ralf Zurbruegg

  Contagion and Diversification: The Impact of Financial and Other Crises on the Integration of Real Estate Markets (293kB)

• Peter Elliot and Richard Reed

  The Valuation of Self Funded Retirement Villages in Australia: Analysis: Relaibility and the role of Business Enterprise Value (836kB)

• Peter Rossini

  Calculating Stratified Residential Property Indices to Test for Differences in Trend, Seasonality and Cycle (619kB)

• Peter Rossini, Valerie Kupke, Wayne Marano and Paul Kershaw

  Calculating a Better Residential Investment Property Yield Index (492kB)

• Peter Wills

  Increasing Shareholder Value Through Quality Corporate Real Estate management (221kB)

• Richard Hoyt, Mike Wright & Ced Croft

  The Ethical Values of Registered Valuers in New Zealand (241kB)

• Richard Reed, Residential Housing Cycles

  Do they Really Exist? (493kB)

• Rob Kooymans & Tracey Bretag

  Getting Serious about Educating Property Professionals from Non English Speaking Backgrounds (285kB)

• Sally Sims

  The Effect of Public Perception on Property Values in Close Proximity to Electricity Distribution Equipment (287kB)

• Shi Ming Yu

  Client Pressure in Residential Valuations - Evidence from Singapore (375kB)

• Sonja Gier and Philipp Naubereit

  An Institutional Economic Analysis of Securitization in Real Estate (107kB)

• Sopon Pornchokchai

  Bangkok Housing Market's Booms and Busts, What Can We Learn (239kB)

• Spike Boydell

  Land Tenure Conflict in the Pacific (210kB)

• Sun Sheng Han, Shi Ming Yu

  Does the Spatial Distribution of Property Values Respond to Decentralized Urban Development? Singapore in 1990s.

• Susan Flint-Hartle

  Organisational Learning and Success in New Zealand Real Estate Agencies (446kB)

• Terry Boyd

  Thirty Years Later - "Is there a "new school" of appraisal thought?" (33kB)

• Ting Kien Hwa

  Relationship Between Malaysian Shares and Real Estate Returns (130kB)

• Valerie Kupke and Wayne Marano

  The Implications of Changes in the Labour Market for First Time Homebuyers in South Australia (615kB)

• Valerie Kupke, Peter Rossini, Wayne Marano and Michael Burns

  A Comparison of Various Models to Measure the Implicit Price Effect of Aircraft Noise (380kB)

• Vidya Narayan

  Rating Appraisal in Fiji Islands (319kB)

• Vivienne Spurge

  Broadband Technology in the Office: An Appraisal of the Perception and Needs of Office Occupiers and the Potential Impact upon the Office Market (356kB)

• Wei Chin

  Determinants for Office Investment Markets in Southeast Asian Cities, with reference to Hong Kong, Singapore, Taipei, Bangkok and Kuala Lumpur (89kB)

• William Deddis, Ian Lamont and William McCluskey

  The Application of Spatially Derived Location Factors within a GIS Environment (654kB)

• Witawat Rungruangphon

  Research on Brand Valuation in Real Estate Business (71kB)

• Shigeru Ino

  Japanese Road Rating System - Pros and Cons (158kB)

• Rohit Kishore

  Size and value effects for LPTS: A comparison with stocks (127kB)

• Riel CD Franzen

  Property Assessment for Rating Purposes in Southern and East Africa:Present Status and Future Prospects (153kB)

• Lynne Armitage

  Indigenous Property Rights: Custom and Commerce at the Interface - A Case Study of the Ahi People's Land, Morobe Province, PNG (66kB)

• Jon Robinson

  Professional Accreditation and Partnerships: Establishment of Educational Benchmarks in Australasia (98kB)