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@article{ART001689309},
author={Chang-Deok Kang},
title={A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2012},
volume={22},
number={2},
pages={57-81},
doi={}

TY - JOUR
AU - Chang-Deok Kang
TI - A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul
JO - Korea Real Estate Review
PY - 2012
VL - 22
IS - 2
PB - korea real estate research institute
SP - 57
EP - 81
SN - 2092-5395
AB - Urban and real estate economics suggest that land use considerably determines the level of the price. However, we have less understanding on the impacts of land use change on land price over urban areas. This study aims to analyze how land use change creates spatial variation of land price change in Northern Seoul between 2001 and 2007 with Ordinary Least Square and Spatial Econometrics. The model outputs reveal that converting from single-family housing to condominium, commercial, and mixed-use, from mixed-use to commercial, and from commercial to mixed-use tend to increase the land price in developed land models. Meanwhile, land use change from residential raw-land to condominium and from commercial raw-land to commercial and office use enhance the level of land price in raw-land models. This study provides the insightful alternative for appraisal and land valuation through modeling impacts of land use change on land price.
KW - land use change;land price;spatial econometrics;northern seoul
DO -
ER -

Chang-Deok Kang. (2012). A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul. Korea Real Estate Review, 22(2), 57-81.

Chang-Deok Kang. 2012, "A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul", Korea Real Estate Review, vol.22, no.2 pp.57-81. Available from: doi:

Chang-Deok Kang "A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul" Korea Real Estate Review 22.2 pp.57-81 (2012) : 57.

Chang-Deok Kang. A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul. 2012; 22(2), 57-81. Available from: doi:

Chang-Deok Kang. "A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul" Korea Real Estate Review 22, no.2 (2012) : 57-81.doi:

Chang-Deok Kang. A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul. Korea Real Estate Review, 22(2), 57-81. doi:

Chang-Deok Kang. A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul. Korea Real Estate Review. 2012; 22(2) 57-81. doi:

Chang-Deok Kang. A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul. 2012; 22(2), 57-81. Available from: doi:

Chang-Deok Kang. "A Study on Impacts of Land Use Change on Land Price Change in Northern Seoul" Korea Real Estate Review 22, no.2 (2012) : 57-81.doi: