The Study Of The Impact Of Harbin Subway To Real Estate Price

The rapid development of the Urban Rapid Rail Transit(URRT)get widespread attention of all sectors of society's, URRT has exceeded fast, safe means of transport in the narrow areas. It is not just the modern city logo, more importantly; the URRT began as a layout, ensuring sustainable urban development a strategic decision by change the value of land along the traffic. The impact of URRT on the property varied with the areas of the URRT.This paper summarized in the relevant domestic and international research in the field of research on the basis of the results, detailed analysis of the URRT the definition and characteristics real estate values and the components of urban rail transport in the property value of the mechanism. In a detailed study of the related fields of study, based on this selection of hedonic price model as the basis of the study model, and proposed a plan to improve the HPM model in property prices that features variable parameter model and the hedonic price model.Combining Harbin City Transit, a building and the surrounding residential and commercial real estate projects in two related data of urban rail traffic and the surrounding real estate value of the empirical analysis, and use of HPM. EHPM and VEHPM three models for model testing. The results show: three models were successful in urban rail traffic on surrounding property values; it is not an effective analysis of commercial property values relations. The construction of URRT has a significant added value to the middle and lower ends of the surrounding residential projects. The project site surrounding URRT is not suitable for business investment; the noticeable change of URRT in the distribution of the functions of cities promotes a new commercial center there;By the related data of Harbin City Transit construction and the surrounding residential and commercial real estate projects , this paper did the empirical analysis of the relationship between urban the rail traffic and the surrounding real estate value, and used HPM model, EHPM model and VEHPM model to test. The results show: three models were successful in analyzing the relation of urban rail traffic and surrounding real estate values, but it is not effective in analyzing the relation of urban rail traffic and commercial real estate values. The construction of urban rail traffic has a significant added value on the surrounding residential projects. At a distance of 400 meter–800 meter and 800 meter-1200 meter to the site, the price of the resident is higher than areas within the prices of 1600-2 1000m, the average price is 220 and 185 Yuan higher than the latter, price increase about 1 .5-3 million. Price respectively upgrade the 8.16% to 6.86%; With the construction of a large number of those cases, it will be right greater influence to the property value, and as a result, the price of real estate re-distribution of Construction, will further promote the great center of Da Zhijie for the city's commercial corridor, Nan gang District, but also will center city to the status becomes more apparent. With the further operation of the railway, along Hexing, Nan tong section of the street there is a great value-added space of the real estate; the periphery of value added of rail transit in Harbin relative to the developed cities in China is still not very clear.