The Impact of Urban Spatial Plan on Land Value: An Approach System to Relating Space Syntax Premises to the Land Price
Hawnaz Magid Abdulla () and
Muammal Alaaddin Ibrahim
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Hawnaz Magid Abdulla: Department of Architecture, College of Engineering, Salahaddin University, Erbil 44002, Iraq
Muammal Alaaddin Ibrahim: Department of Architecture, College of Engineering, Tishik University, Erbil 44002, Iraq
Sustainability, 2023, vol. 15, issue 9, 1-28
Abstract:
This research study explored the impact of an urban spatial plan on land value; it drew on the value model based on space syntax as a systematic technical piece of software that explains and analyzes the relationship between land use and land value. The study proposes a framework based on the urban spatial network. We selected the Kirkuk city master plan for evaluation purposes and hypothesized that there would be a relationship between the space syntax of the essence of urban spatial integration and the price of land. Therefore, the case selected was evaluated in three aspects of analysis: the urban spatial function, which involves the integration rates of the city’s street network and connectivity; the urban land price assessments in the context of the city’s spatial grids; and the expansion of land use distribution, including residential and commercial grounds, to explain the changing economic value of the spatial relationship in the land market. OSM, AutoCAD, depth map X8, QGIS 3.16, and SPSS were used for data cluster analysis, spatial network preparation and analysis, and correlation analysis. The results showed that the urban spatial plans and comprehensive urban socioeconomic and environmental factors had a significant impact on land price. This result can enhance the future spatial design and the economy of metropolitan areas.
Keywords: urban spatial plan; land value; land price; space syntax; street network; land use distribution; land marketing; real estate (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:9:p:7239-:d:1133711
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