• Title/Summary/Keyword: Land price

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System Dynamic Approaches on Land-Price Volume in Land according to Population of Aging Society (시스템다이내믹스를 활용한 고령화 사회 인구에 따른 지목별 토지거래량에 관한 연구)

  • Choi, Hae-Ok
    • Korean System Dynamics Review
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    • v.16 no.1
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    • pp.75-91
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    • 2015
  • The price-volume in land by land categories is evaluated with dynamic approaches in the era of aging society This research tries to investigate in the respect of major factors such as real estate, macro-economics, and population that is simulated by land categories. The system dynamics approaches on price-volume in land are forecasted until 2020 using the data in the period of 2000-2014. In regard to methodologies, this research adopted system dynamics to evaluate the relationships between price-volume in land and aging society. The meaningful results have been found during the last over 10 year's analysis as the dynamic relations with major factors. Regarding land categories, this research tries to overcome former research limitations. As an implication from the price-volume in land, it confirmed that the multifaceted aspects show that system dynamics approach effectively simulated them by price-volume in land with the population of aging society.

Land Price Fluctuation, Expectation, and Production (지가변동의 기대가 요소투입과 생산에 미치는 영향)

  • 한동근;남병탁
    • Journal of the Korean Regional Science Association
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    • v.14 no.2
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    • pp.51-64
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    • 1998
  • This paper investigates how the factor inputs of firms are affected by the expectation about land-price increase in the future. We develope a two-factor (land and labor) model, in which expectation about land-price increase plays a key role in determining the "optimal" input level of labor and land. Expecting capital gains from input of the land when land price increases, firms input land up to the point where the marginal productivity of land falls short of the marginal cost of purchasing the land, in order to maximize the "joint-profit". That is, firms have an incentive to use more land than they do when capital gains are not expected. We mean joint-profit by profit in the standard sense plus capital gains. Once the land is input "excessively", the productivity of labor increase and labor is also input more, since land and labor are assumed as complementary in production. This mechanism works in the opposite direction when land price decrease. This paper suggests that land price fluctuation is a major destabilizer of an economy.or destabilizer of an economy.

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Land Value Analysis Using GIS in Haeundae Gu of Busan (GIS를 이용한 해운대구 토지가치 분석)

  • Choi, Chul-Uong;Son, Jung-Woo;Lee, Chang-Hun
    • Journal of Korean Society for Geospatial Information Science
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    • v.17 no.2
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    • pp.3-9
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    • 2009
  • These days, the value of the limited land rises in the city according to the increase of the population and the industrial development. And various studies on estimating the land price have been accomplished for the purpose of using the land efficiently. As a result, the officially assessed land price system was arranged. However the system is insufficient to reflect realities. Therefore, in this study, we examined the spatial distribution of the land price by joining spatially the officially assessed land price of Haeundae-gu, Busan from 2004 to 2008 to the map of lot number. We also computed and compared the change rate of the land price for 5 years. And we analyzed the relation between factors including the distance from the subway station, the land use and the land category which have an effect on the officially assessed land price and it using GIS technology.

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A Similar Price Zone Determination of Public Land Price Using a Hybrid Clustering Technique (평균연결법과 K-means 혼합클러스터링 기법을 이용한 공시지가 유사가격권역의 설정)

  • Yi Seong-Kyu;Park Soo-Hong;Hong Sung-Eon
    • Journal of the Korean Geographical Society
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    • v.41 no.1 s.112
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    • pp.121-135
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    • 2006
  • Even though the similar land price zone is very important element in the public land appraisal procedure, the concept is implicitly described and applied into the actual land appraisal system. This situation makes it worse when applying for the automatic selection of a comparative standard land parcel. In addition, the division of similar land price zones requires the objective and reasonable process for improving ALPAS(Automatic land Price Appraisal System), which becomes an issue today. To solve the similar land price zone determination problem that is caused by the lack of objective numerical standard, this study proposed a similar land price zone determination method using a hybrid clustering technique. Results showed that this hybrid clustering method that applied into the test area could easily detect similar land price zones with considerable accuracy levels, which are verified with some test statistics and real comparative standard land parcels done by manually.

A Study on the Correlativity Between Land Price and Residental Environment Elements - Focusing on the Haeundae-Gu and Suyoung-Gu in Busan City - (지가와 주거환경요소의 상관성에 관한 연구 - 부산광역시 해운대구, 수영구를 중심으로 -)

  • Kim, Ga-Ya;Chung, Chang-Sik;Ryu, Jae-Hong;Kim, Jeong-Ho
    • Journal of the Korean Association of Geographic Information Studies
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    • v.8 no.4
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    • pp.52-60
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    • 2005
  • This paper attempted to investigate not only the correlativity of land price and residential environment elements but also the effect that the residential environment elements influence on the land price, focusing on the Suyoung-Gu and Haeundae-Gu which are representative residential and waterfront area in Pusan. For this purpose, regression analysis and correlation analysis as the residential environment elements in independent variable and the land price in dependent variable were carried out. First of all, from the correlation analysis between the land price and the residential environment elements, it become clear that the variables such as the land use, the distance to arterial road and, the distance to subway station have high correlativity with land price in all the research area. Then from the individual power of explanation and accumulative power of explanation of the each variable to the land price through the regression analysis, it was become clear that 7 variables which are the land use, the distance to trunk road, the distance to subway station etc. have 67% of the power of explanation to land price at the Suyoung-Gu, and 50.5% at the Haeundae-Gu. Moreover, researchers had an special interest in the correlativity between the distance to the coastal line and land price as well as the power of explanation of the distance to the coastal line for the land price. It means that researchers expected the variable of the distance to the coastal line have a strong correlativity and high power of explanation for land price. However, from the regression analysis and correlation analysis, it was become clear that the variable of the distance to the coastal line have a weak correlativity, and low power of explanation which is just form 6.4% to 7.6% in all the research area. In other words, it might be said that the variable of the distance to the coastal line is not so important one to presume the land price.

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A Study on the Satisfaction Analysis on Officially Assessed Land Price Using Time Seriate Geostatistical Analysis (시계열적 공간통계 기법을 활용한 공시지가의 만족도 분석에 관한 연구)

  • Choi, Byoung Gil;Na, Young Woo;Hyeon, Chang Seop;Cho, Tae In
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.36 no.2
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    • pp.95-104
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    • 2018
  • This study has the purpose of suggesting the method to analyze the spatiotemporal change of satisfaction concerning the officially assessed land price using geostatistical analysis. Analyzing the spatial distribution characteristic of officially assessed land price using present GIS (Geographic Information System) or is staying at qualitatively suggesting the improvement method of the officially assessed land price system. Grouping the appeal strength based on the official price and opinion price of officially assessed land price, GIS DB (Database) was constructed and the time seriate satisfaction were analyzed and compared through spatial density analysis and spatial autocorrelation analysis. As a result, it was found that the difference between the official price and the applicant's price differed depending on individual land, but most of the respondents requested the increase or the reduction of the average land price, which resulted in a large number of request. Analyzing the satisfaction of the officially assessed land price by using GIS, it was known that satisfaction of officially assessed land price could be analyzed by using the difference of the opinion price and not only the officially assessed land price. Spatiotemporal change of officially assessed land price satisfaction was known to be possible through spatiotemporal pattern analysis method such as spatiotemporal auto-corelation analysis and hotspot analysis etc using GIS. In short, regionally positive or negative significant relationship was investigated through spatiotemporal analysis using annual data.

An Analysis on the Change Pattern of Spatio-Temporal Land Price in Gongju City Using the Geostatistical Methods (공간통계를 이용한 공주시의 시공간적 지가변화패턴 분석)

  • Kim, Jung-Hee
    • Journal of Korean Society for Geospatial Information Science
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    • v.20 no.1
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    • pp.93-99
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    • 2012
  • This study aims to identify spatio-temporal land price change pattern in Gongju city including the area incorporated and surrounding area depending on the Multifunctional Administrative City Construction. For this, GIS data was built by calculating the average land price each 209 Dong and Ri by the time of the year 2000, 2005 and 2010 based on. The first, the change in the land price was to identify in the 5-year intervals through a kriging interpolation as a kind of geostatistical techniques. The second, a trend analysis was conducted to know directional change pattern of the east-west axis and the north-south axis. Finally, the weighted mean center was calculated by the land price at a weight to examine moving direction on the center point of land price, point of view. The result is that the land price change pattern appeared visible higher growth on the eastern built in the Multifunctional Administrative City, moving direction on the center point of the land price appeared that the phenomenon was concentrated in the northeastern area.

A Study on Determinants of Realization Rate of Publicly Notified Individual Land Price Using One-Way ANOVA - focused on case of Wansan-gu, Jeonju-si - (일원변량분석을 이용한 개별공시지가 현실화율 결정요인에 관한 연구 - 전주시 완산구 사례를 중심으로 -)

  • Min, Woong-Kie
    • Journal of Cadastre & Land InformatiX
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    • v.50 no.1
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    • pp.87-105
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    • 2020
  • The government is trying to secure reliability by raising the accuracy, objectivity, and transparency of the official price by promoting the reliability improvement plan of the official price and increasing the realization rate, but the Realization rate of Publicly Notified Individual Land Price is showing a big difference because the current market price is not fully reflected in the official price. Therefore, this study collected the actual transaction price reported to the RTMS in Wansan-gu, Jeonju, Jeollabuk-do and the individual official price of the KRAS and calculated the realization rate of publicly notified individual Land Price. SPSS 25.0 program was used for the empirical analysis of this study. The Dependent Variable was the realization rate of publicly notified individual Land Price, and Independent Variables, was six land characteristics items were selected, one-way ANOVA was conducted and post-test was conducted by Scheffe method. As a result of the analysis, average difference in realization rate of publicly notified individual Land Price was found in Residential areas, Commercial areas, and Farmland, Public land and Residential and commercia, Residential and Forest. Especially, it was found that the price of commercial area is higher than that of residential area and green area, and the price is less reflected in individual official land price.

The Impact of Plan Characteristics of Residential Land Development Project on Inner Land Price Change (택지개발사업의 계획특성이 사업지구 지가변동에 미치는 영향)

  • Jang, In-Soo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.8
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    • pp.698-705
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    • 2016
  • The purpose of this study is to analyze the impact which the plan characteristics of Residential Land Development Projects have on land price changes in the project district and to derive policy implications for the efficient promotion of these projects. For this purpose, we analyzed the promotion land price change progress of Residential Land Development Projects step-by-step. After theoretical consideration and a review of the references, 16 plan characteristics of Residential Land Development Projects affecting land price changes were selected ((1) The rate of land price change, (2) Business area, (3) Residential land ratio, (4) Commercial land ratio, (5) Semi-residential land ratio, (6) Neighborhood facilities land ratio, (7) Apartment house ratio, (8) Street ratio, (9) Park & green ratio, (10) Ratio of land for schools, (11) Site development cost for $1m^2$, (12) General residential area ratio, (13) Semi-residential area ratio, (14) Commercial area ratio, (15) Semi-Industrial area ratio, and Natural green area ratio). We used SPSS Version 20.0 to analyze the impact of the 16 selected plan characteristics on the land price changes. As a result, it was found that the land price began to rise two years (before/after?) the appointment of the district and became stabilized after the completion of the project. The plan characteristics that affect the land price changes were found to be the (2) Business area, (4) Commercial land ratio, (6) Neighborhood facilities land ratio, (8) Street ratio, (11) Site development cost for $1m^2$, and (12) General residential area ratio.

Construction of The Land Price Information System for Land Information Systematization (토지정보의 체계화를 위한 지가 정보시스템 구축)

  • Jung, Sung-Hyuk;Park, Kyeong-Sik;Lee, Jae-Kee
    • Journal of Korean Society for Geospatial Information Science
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    • v.10 no.3 s.21
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    • pp.61-69
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    • 2002
  • The aim of this study is the process of developing the information system of individual announced land price that can efficiently manage the land price work, improve public reliability in services and establish systematization of the national land information. The system is adapted to the test area, as a result, it is concluded that can improve the efficiency of management and the accuracy and objectivity of land price. Thus users can easily use it without professional knowledge since it offer convenient user' environment. Furthermore, it can rapidly search character and classification of land, use-zoning, the present condition of land price and so on. And it can find out change of land price and user according to search of history.

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