Subway construction is believed as the only workable solution to resolve a metropolitan area's growing transportation problems. The construction of subway is likely to change urban transportation patterns. Also the subway construction is expected to c...
Subway construction is believed as the only workable solution to resolve a metropolitan area's growing transportation problems. The construction of subway is likely to change urban transportation patterns. Also the subway construction is expected to change the urban spatial structure and to change the land price by enhancing the accessibility of land adjacent to subway station. It is expected that land prices of subway station area are expected to change gradually. Thus, the purpose of this study is to observe land price change in the subway area.
The following conclusion can be drawn from the result of this study. Generally land price is more high less far from the subway station. But land price is effected by land use, surrounding conditions.
In conclusion, land price in subway station area is greatly effected by other those. So, to find land price various factors have to be considered.