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© 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

Recent literature has highlighted the critical issue of urban land value and cost; properly assessing land use costs, particularly for residential and commercial purposes, is crucial in influencing urban development and investments. Therefore, the objective of this research is to create a model for land pricing that considers the urban street networks and hierarchy; by analyzing the spatial plan of the city using space syntax and evaluating the economic impact on land value, the study aims to identify the factors that influence land prices. Furthermore, the study intends to investigate the correlation between urban spatial networks, street hierarchy, and land price to create a predictive model for urban spatial land pricing. Ultimately, the study has successfully built a model for predicting the price of urban land. The case selected is evaluated and compared in three aspects of the analysis, including the urban axial assessments and urban street width, to find out their impacts on the real estate’s land price in the context of the land use distributions, which are predominantly residential and commercial types of uses. Depth map X8, SPSS, and QGIS 3.16 were used for the study evaluations and assessments. The study found that land prices are influenced by factors such as integration, connectivity, and street width. Commercial zones with good integration and wider roads tend to command higher prices, while narrow local roads generally have lower prices. This result can enhance future urban design regarding urban economy improvements and land costs.

Details

Title
The Impact of Urban Street Network on Land Value: Correlate Syntactical Premises to the Land Price
Author
Hawnaz Magid Abdulla 1   VIAFID ORCID Logo  ; Muammal Alaaddin Ibrahim 2 ; Wahda Shuker Al-Hinkawi 3   VIAFID ORCID Logo 

 Department of Architecture, College of Engineering, Salahaddin University, Erbil 44002, Iraq 
 Department of Architecture, College of Engineering, Tishik University, Erbil 44002, Iraq; [email protected] 
 Department of Architectural Engineering, University of Technology, Baghdad 10066, Iraq; [email protected] 
First page
1610
Publication year
2023
Publication date
2023
Publisher
MDPI AG
e-ISSN
20755309
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2843045459
Copyright
© 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.