신도시 인접개발 특성이 아파트가격에 미치는 영향

초록

This study aims at investigating the characteristics of new town adjacent development in the axis of sudokwon gyeongbu express way in Korea and its impact on apartment prices using three restricted hedonic price model, such as linear, semi-log, and double-log. This study uses six characteristics of the new town adjacent development based on three spatial features: 1)development environments, such as mid-sized public development, small-sized public development,mid-sized private development, and small-sized private development, 2) Kangnam area accessibility, and 3) Bundang area accessibility. This study finds that small-sized public development and bundang area accessibility have significant impacts on apartment values. Four policy implications are discussed. First, future adjacent development near Sudokwon Gyeongbu Axis area should focus on small-sized public development. Second, developing new apartments nearer bundang area should be reconsidered because the area is already highly developed and populated. For that, expanding and constructing public transportation is required for long-distance commuters. Third, the concept of sustainable development should be included in the adjacent development policy. Lastly, it is also necessary to consider job-housing balance during the development to avoid residential overcrowding.

키워드