Research On Quantitative Value-added Of Real Estate Along Metro

Great investment will be made in subway construction and the operation.It's difficult to recover the investment throuth the operating income.Subways can raise the value of the real eastate nearby.If the value-added can be converted into the investment,the subway construction and the operation will break even.Therefore,quantifying the benefit brought by the subways has great significance.In this thesis,a case study in Shenzhen is used to quantify the benefit brought by the subways.The main research work is as follows:(1)According to the existing classification methods and selection rules of real estate price factors,18 characteristic factors influencing the actual situation of the study areas are selected to quantify the characteristic variables which meet the modeling conditions in different ways.According to the characteristics of the characteristic price model to study and quantify the value-added caused by the subway,the thesis puts forward to measure the value of the subway to bring the quantitative indicators-value-added and value-added rate.(2)The relationship between the added value brought by subway and land use is analyzed.The correlation analysis between the average value added coefficient of each subway station and the spatial distribution of land use was conducted.The results show that the greater the land use intensity is,the stronger the value increment is;The greater the proportion of land use in the business function or office function,the greater the role of value-added,The greater the proportion of industrial or residential functions,the weaker the role of value-added;The higher the degree of land use diversification is,the stronger the value added is.(3)This thesis focuses on the spatial variation of subway value increment.Taking a subway station as a unit,the thesis studies the value-added effect of different types of subway stations in different regions in 2013.The results show that in the range of 2000 meters from the subway station,The average value-added law is as follow: for subway station within the business center,the first four sections relative to the adjacent next section have average value-add of ?4,000,?3,200,?2,400 and ?1,900 respectly;Ordinary downtown subway stations have average value-added of ?1,300,?1,200,?900 and ?800 respectly,that the role of value-added changes far from the commercial center;The average value-added of the suburban transition zone are: ?600,?900,?1,200 and ?1,300 respectly,showing the value-added of the zone away from the subway station the strengthening of the trend;The average value-added's changes of Suburban subway station are not great,which are about ?700.Finally an evaluation system is developed.The system can automatically quantify the factors and adjust the combination of the modeling feature variables according to the modeling need.After the establishment of the model,the quantitative indicators could be automatically calculated by the system.