Impact of Cognition Factors on an Apartment Housing Price

Recently, the large-scale apartment buildings such as high-rise residential buildings are actively constructed. And these buildings are located on the main place. Therefore these buildings are cognized as the representative building in each local, because of the relative difference of scale and the location. These cognition factors can cause demand of the apartment buildings. Finally the concentration of purchasing demand causes rising of price of apartment building to have high cognition. The purpose of this paper is to estimate the value of cognition factors within an apartment housing