The Perception of the Vertical Dimension (3D) through the Lens of Different Stakeholders in the Property Market of China

Yue Ying, Mila Koeva, Monika Kuffer, Kwabena Obeng Asiama, Xia Li and Jaap Zevenbergen
Additional contact information
Yue Ying: Department of Urban and Regional Planning and Geo-Information Management, Faculty of Geo-Information Science and Earth Observation (ITC), University of Twente, 7514 AE Enschede, The Netherlands
Mila Koeva: Department of Urban and Regional Planning and Geo-Information Management, Faculty of Geo-Information Science and Earth Observation (ITC), University of Twente, 7514 AE Enschede, The Netherlands
Monika Kuffer: Department of Urban and Regional Planning and Geo-Information Management, Faculty of Geo-Information Science and Earth Observation (ITC), University of Twente, 7514 AE Enschede, The Netherlands
Kwabena Obeng Asiama: Geodetic Institute, Gottfried Wilhelm Leibniz University of Hannover, Nienburger Strasse 1, 30167 Hannover, Germany
Xia Li: School of Land Engineering, Chang’an University, No. 126, Yanta Road, Xi’an 710064, China
Jaap Zevenbergen: Department of Urban and Regional Planning and Geo-Information Management, Faculty of Geo-Information Science and Earth Observation (ITC), University of Twente, 7514 AE Enschede, The Netherlands

Land, 2022, vol. 11, issue 2, 1-29

Abstract: China has experienced fast urbanization with a growing urban population, which has inevitably led to the adoption of a vertical housing style with high-rise buildings. However, how people subjectively perceive the vertical dimension (3D) in the property market is neither adequately documented nor well understood. The 3D perception helps us to understand a myriad of social and psychological effects of living in high-rise buildings. We organized and conducted semi-structured expert interviews, focus groups, and the circulation and compilation of questionnaires in Xi’an, China, to investigate how different stakeholders in the property market perceive 3D. The results show that: (1) real estate developers do not adjust property prices for specific 3D factors, and the local government does not consider 3D in housing policies; (2) the current status of 3D modeling in Xi’an is still in the embryonic state; (3) 3D factors are highly valued by buyers but not well-understood by real estate developers and local government. In addition, 3D factors score higher than horizontal (2D) factors (1.12 to 0.88). Gender and age groups do not influence housing preferences concerning 2D and 3D factors. These findings provide valuable insights for real estate developers concerning pricing policies and the local government concerning housing policies. In the future, 3D perceptions and factors should be prioritized in order to improve urban infrastructure and ensure the increased availability of, and fair public access to welfare related to 3D in urban areas.

Keywords: 3D; property market; high-rise building; urban morphology; built environment (search for similar items in EconPapers)
JEL-codes: Q15 Q2 Q24 Q28 Q5 R14 R52 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2073-445X/11/2/312/pdf (application/pdf)
https://www.mdpi.com/2073-445X/11/2/312/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jlands:v:11:y:2022:i:2:p:312-:d:753624

Access Statistics for this article

Land is currently edited by Ms. Carol Ma

More articles in Land from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().