Abdulla, H.M.; Ibrahim, M.A.; Al-Hinkawi, W.S. The Impact of Urban Street Network on Land Value: Correlate Syntactical Premises to the Land Price. Buildings2023, 13, 1610.
Abdulla, H.M.; Ibrahim, M.A.; Al-Hinkawi, W.S. The Impact of Urban Street Network on Land Value: Correlate Syntactical Premises to the Land Price. Buildings 2023, 13, 1610.
Abdulla, H.M.; Ibrahim, M.A.; Al-Hinkawi, W.S. The Impact of Urban Street Network on Land Value: Correlate Syntactical Premises to the Land Price. Buildings2023, 13, 1610.
Abdulla, H.M.; Ibrahim, M.A.; Al-Hinkawi, W.S. The Impact of Urban Street Network on Land Value: Correlate Syntactical Premises to the Land Price. Buildings 2023, 13, 1610.
Abstract
Overcoming the issue of land value and cost in urban areas will not provide a miraculous solution to the problems there. Appropriate land use cost, especially for residential and commercial land, is just one of the issues to be settled in the debate. Therefore, this study aims to build a new urban land price determination model by investigating the urban syntactical analysis, street width, and their economic effects on land value. The study attempts to determine the impact of syntactic analysis of streets and street width on land prices; it also seeks to identify the factor most affected by the land cost. Ultimately, the study built a model for urban land price prediction. 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 result showed a significant impact of the urban street network on the price of land; this result can be used to enhance future urban design regarding urban economy improvements.
Keywords
Urban spatial plan; urban street width, land value; land price; space syntax; street network; land use distribution; land marketing; real estate.
Subject
Social Sciences, Urban Studies and Planning
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
