THE POWER OF ACCESSIBILITY TO LAND PRICE IN SEMARANG URBAN CORRIDORS, INDONESIA

Authors

  • Anita Ratnasari Rakhmatulloh Department of Urban and Architecture Engineering DIPONEGORO UNIVERSITY
  • Imam Buchori Department of Urban and Regional Planning DIPONEGORO UNIVERSITY
  • Wisnu Pradoto Department of Urban and Regional Planning DIPONEGORO UNIVERSITY
  • Bambang Riyanto Department of Civil Engineering DIPONEGORO UNIVERSITY

DOI:

https://doi.org/10.21837/pm.v16i5.416

Keywords:

distance to city centre, land price, accessibility

Abstract

Urban land demand tends to keep increasing as a result of economic and population growths. The high intensity of activity will bring changes to land value. The corridors of Semarang - Ungaran and Semarang - Mranggen have significant differences in land values despite being at relatively the same distance to city centre. Similarly, the rate of land price change in these two corridors are also different. The study aims to examine and prove the effect of distance to city centre toward land price in downtown areas by employing statistical correlation analysis and accessibility calculation. The result reveals that distance to city centre has no longer effect land prices. It was found that the farther from the city centre the land prices decreases gradually but increases at road nodes that connect to the trip generation points such as toll road gate, residential area and commercial area or shopping centre.

Downloads

Download data is not yet available.

References

Ball, M., Cigdem, M., Taylor, E., & Wood, G. (2014). Urban growth boundaries and their impact on land prices. Environment and Planning A, 46(12), 3010-3026. Benenson, I., Martens, K., Rofe, Y., & Kwartler, A. (2011). Public transport versus private car gis-based estimation of accessibility applied to the Tel Aviv metropolitan area. The Annals Regional Science, 47(3), 499-515.

Cervero, R. (2004). Effects of light and commuter rail transit on land prices: Experiences in San Diego County. Journal of the Transportation Research Forum, 43(1), 121-138.

Du, H., & Mulley, C. 2012. Understanding spatial variation in the impact of accessibility on land value using geographically weighted regression. Journal of Transport and Land Use, 5(2), 46-59.

Efthymiou, D., & Antoniou, C. (2013). How do transport infrastructure and policies affect house prices and rents? Evidence from Athens, Greece. Transportation Research Part A, 52, 1-22.

Gibbons, S., & Machin, S. (2005). Valuing rail access using transport innovations. Journal of Urban Economics, 57(1), 148-169.

Ha, P. T. H., van den Bosch, F., Quang, N. N., & Zuidgeest, M. (2011). Urban form & accessibility to jobs a comparison of Hanoi & Randstad metropolitan areas. Journal of Environment & Urbanization, 2(2), 265-285.

Ho, W. (2011). Land use and transport: How accessibility shape land use (Thesis).

University of Hong Kong, Pokfulam, Hong Kong SAR.

Iacono, M. & Levinson, D. (2015). Accessibility dynamics and location premia: Do land values follow accessibility change? Journal of Urban Studies, 54(2), 364-381.

Iacono, M., & Levinson, D. (2011). Location, regional accessibility, and price effects: Evidence from home sales in Hennepin County, Minnesota. Transportation Research Record, 22(45), 87-94.

Jain, S., Aggarwal, P., Kumar, P., Singhal, S., & Sharma, P. 2014. Identifying public preferences using multi-criteria decision making for assessing the shift of urban commuters from private to public transport: A case study of Delhi. Transportation Research Part F: Traffic Psychology and Behaviour, 24, 60-70.

Khisty, C. J., & Lall, B. K. (2005). Dasar-dasar Rekayasa Transportasi. Jakarta: Penerbit Erlangga.

Levinson, D. & Istrate, E. (2012). Access for value: Financing transportation through land value capture. Metropolitan Policy Program at Brookings, 1-15.

Lin, D., Allan, A., & Cui, J. (2015). The impact of polycentric urban development on commuting behaviour in urban China: Evidence from four sub-centres of Beijing. Habitat International, 50, 195-205.

Lingzhu, Z., Alain, C., & Yu, Z. (2015). Configuration accessibility study of road and metro network in Shanghai. Natural Science Foundation of China.

Long, H., Li, Y., Liu, Y., Woods, M., & Zou, J. (2012). Accelerated restructuring in rural China fueled by 'increasing vs. decreasing balance' land-use policy for dealing with hollowed villages. Land Use Policy, 29(1), 11-12.

Salonen, M., & Toivonen, T. (2013). Modelling travel time in urban networks: comparable measures for private car and public transport. Journal of Transport Geography, 31, 143-153.

Simmonds, D., Waddell, P., & Wegener, M. (2013). Equilibrium versus dynamics in urban modelling. Environment and Planning B: Planning and Design, 40, 10511070.

Wee, B. v. (2016). Accessible accessibility research challenges. Journal of Transport Geography, 51 , 9-16.

Xiao, W. Y., Orford, S., & Webster, C. J. (2015). Urban configuration, accessibility, and property price: A case study of Cardiff, Wales. Environment and Planning B: Planning and Design, 42, 1-22.

Yang, J., & Gakenheimer, R. (2007). Assessing the transportation consequences of land use transformation in urban China. Habitat International, 31(3-4), 345-353

Downloads

Published

2018-07-25

How to Cite

Rakhmatulloh, A. R., Buchori, I., Pradoto, W., & Riyanto, B. (2018). THE POWER OF ACCESSIBILITY TO LAND PRICE IN SEMARANG URBAN CORRIDORS, INDONESIA. PLANNING MALAYSIA, 16(5). https://doi.org/10.21837/pm.v16i5.416