地理研究 ›› 2010, Vol. 29 ›› Issue (5): 801-810.doi: 10.11821/yj2010050004

• 经济与区域发展 • 上一篇    下一篇

城市轨道交通对房地产增值的时空效应

聂冲1, 温海珍1, 樊晓锋2   

  1. 1. 浙江大学房地产研究中心,杭州 310027;
    2. 深圳市天健(集团)股份有限公司,深圳 518034
  • 收稿日期:2009-06-06 修回日期:2009-10-30 出版日期:2010-05-20 发布日期:2010-05-20
  • 通讯作者: 温海珍(1975-),男,江西宁都人,副教授,博士。主要从事不动产投资与管理研究。 Email:wenhaizhen@263.net E-mail:wenhaizhen@263.net
  • 作者简介:聂冲(1980-),男,江西丰城人,博士后。主要从事房地产经营与管理、城市经济学等研究。
  • 基金资助:

    国家自然科学基金项目(40801057);国家社科基金项目(05CJY017)

The spacial and temporal effect on property value increment with the development of urban rapid rail transit:An empirical research

NIE Chong1, WEN Hai-zhen1, FAN Xiao-feng2   

  1. 1. Center for Real Estate Study, Zhejiang University, Hangzhou 310027, China;
    2. Shenzhen Tonge Group Co Ltd, Shenzhen 518034, China
  • Received:2009-06-06 Revised:2009-10-30 Online:2010-05-20 Published:2010-05-20

摘要:

如何定量评估城市轨道交通开发对周边房地产所带来的增值效应,一直是困扰理论界和实务界的重要问题。以深圳地铁一期为例,从"区位特征、邻里特征、结构特征"三方面构建特征价格模型,对其周边房地产增值情况从空间和时间两个维度进行定量分析。实证结果表明,城市轨道交通的空间增值效应显著,影响范围为地铁站点距离700 m半径内的区域,该区域内房地产平均增值19.5%。增值幅度最大的是地铁站点100 m区域内的房地产,增幅达37.8%。时间维度上,地铁建设期间对周边房地产具有明显的负效应,而运营期内对房地产价格的影响变为正向,尤其是通车后第二年站点周边房地产价格大幅增值。

关键词: 轨道交通, 房地产增值, 特征价格模型

Abstract:

How to evaluate the incremental effect on the value of surrounding property with the development of Urban Rapid Rail Transit (URRT) is a problem to the practical and theoretical society. With the case of Shenzhen Metro Line Phase 1, this paper builds a hedonic price model including 3 characteristics: location, neighborhood and structure. Using semi-log function and OLS, this paper quantitatively analyses the spacial and temporal effect on surrounding property value increment resulted in the development of Shenzhen Metro Line Phase 1 from 2001 to 2007, which includes the construction period and the operational period. The empirical results identify that URRT has a positive spacial effect on the property value within a radius of 700 m around stations. The property value increment within the radius of 700 m and 100 m are 19.5% and 37.8% respectively. In view of temporal effect, URRT has a negative effect on the property value increment in the construction period, but in the operational period it turns to positive, especially in the second year. Moreover, the property value increment by the development of URRT is larger in operational period than that in construction period. From 2004 to 2007, the incremental effect on property value increased year by year.

Key words: URRT, property value increment, Hedonic Price Model