Study on the Spatial Differentiation and Temporal Evolution of Urban Land Price: Evidence from Beijing

Lin Gan and Chang-chun Feng ()
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Lin Gan: Center of Real Estate Studies and Appraisals, Peking University
Chang-chun Feng: Department of Urban and Economic Geography, Peking University

Chapter Chapter 57 in Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate, 2015, pp 693-706 from Springer

Abstract: Abstract Land is the carrier of all urban activities. Land price can sensitively reflect the supply-demand relationship in urban land market, as well as the spatial distribution of urban land-use activities. Using a data-set of 296 residential land transaction records from 2003 to 2013 within the 6th ring road in Beijing, this paper studied the spatial distribution and temporal evolution trend of land price with GIS geostatistical analysis tools, including Exploratory Spatial Data Analysis (ESDA), Ordinary Kriging interpolation and Digital Land Price Model in cross-sectional view, and arrived at the following conclusions: (1) the overall distribution of Beijing residential land price showed an obvious concentric pattern, with a decreasing trend from the north to the south; (2) high-priced districts reflected the influence of sub-centers, i.e. a new polycentric structure was replacing the traditional concentric structure; (3) from 2003 to 2013, Beijing residential land price interpolation map had expanded contour circles and transferred peak zone, which means land price in the whole city had been rising while the northwest part rose most strongly, reflecting the main direction of urban sprawl and land development.

Keywords: Land price; Spatial differentiation; Temporal evolution; GIS geostatistical analysis (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-662-46994-1_57

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DOI: 10.1007/978-3-662-46994-1_57

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