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Article: Amenities and disamenities: A hedonic analysis of the heterogeneous urban landscape in Shenzhen (China)

TitleAmenities and disamenities: A hedonic analysis of the heterogeneous urban landscape in Shenzhen (China)
Authors
KeywordsHedonic pricing method
Landscape amenity
Residential garden
Shenzhen
Urban park
Urban village
Issue Date2010
PublisherBlackwell Publishing Ltd. The Journal's web site is located at http://www.blackwellpublishing.com/journals/GEOJ
Citation
Geographical Journal, 2010, v. 176 n. 3, p. 227-240 How to Cite?
AbstractLandscape amenities and disamenities are important factors for households in making residence decision. This study presents a hedonic analysis of the amenity and disamenity effects arising from the heterogeneous urban landscape in a Chinese city. The sample is composed of 358 apartment characteristics and transaction data collected directly from home owners in the central built-up area of Shenzhen. Four types of urban landscapes were included, namely urban parks, residential gardens, Shenzhen Bay, and urban villages. We applied a three-dimensional model (availability, accessibility, and visibility) to estimate the amenity-disamenity effects of these urban landscape features. The results indicated that residential gardens were the most attractive landscape (an average increase of 17.2% of housing price) and urban villages had disamenity effects (a decrease of 3.72% for visibility and 2.5% for availability). The visibility of landscape was more valued than the accessibility. The lower weight accorded to the availability variable suggested: both benefits and possible negative impacts related to urban parks and Shenzhen Bay could be embodied in home buyers' behaviour; and the unavoidability of urban villages. The findings could provide insights to the location and design of residential areas vis-à-vis amenity-disamenity landscape features in Chinese cities that are rapidly expanding and redeveloping. © 2010 The Author(s). Journal compilation © 2010 The Royal Geographical Society.
Persistent Identifierhttp://hdl.handle.net/10722/125605
ISSN
2015 Impact Factor: 3.206
2015 SCImago Journal Rankings: 0.880
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorChen, WYen_HK
dc.contributor.authorJim, CYen_HK
dc.date.accessioned2010-10-31T11:41:00Z-
dc.date.available2010-10-31T11:41:00Z-
dc.date.issued2010en_HK
dc.identifier.citationGeographical Journal, 2010, v. 176 n. 3, p. 227-240en_HK
dc.identifier.issn0016-7398en_HK
dc.identifier.urihttp://hdl.handle.net/10722/125605-
dc.description.abstractLandscape amenities and disamenities are important factors for households in making residence decision. This study presents a hedonic analysis of the amenity and disamenity effects arising from the heterogeneous urban landscape in a Chinese city. The sample is composed of 358 apartment characteristics and transaction data collected directly from home owners in the central built-up area of Shenzhen. Four types of urban landscapes were included, namely urban parks, residential gardens, Shenzhen Bay, and urban villages. We applied a three-dimensional model (availability, accessibility, and visibility) to estimate the amenity-disamenity effects of these urban landscape features. The results indicated that residential gardens were the most attractive landscape (an average increase of 17.2% of housing price) and urban villages had disamenity effects (a decrease of 3.72% for visibility and 2.5% for availability). The visibility of landscape was more valued than the accessibility. The lower weight accorded to the availability variable suggested: both benefits and possible negative impacts related to urban parks and Shenzhen Bay could be embodied in home buyers' behaviour; and the unavoidability of urban villages. The findings could provide insights to the location and design of residential areas vis-à-vis amenity-disamenity landscape features in Chinese cities that are rapidly expanding and redeveloping. © 2010 The Author(s). Journal compilation © 2010 The Royal Geographical Society.en_HK
dc.languageengen_HK
dc.publisherBlackwell Publishing Ltd. The Journal's web site is located at http://www.blackwellpublishing.com/journals/GEOJen_HK
dc.relation.ispartofGeographical Journalen_HK
dc.subjectHedonic pricing methoden_HK
dc.subjectLandscape amenityen_HK
dc.subjectResidential gardenen_HK
dc.subjectShenzhenen_HK
dc.subjectUrban parken_HK
dc.subjectUrban villageen_HK
dc.titleAmenities and disamenities: A hedonic analysis of the heterogeneous urban landscape in Shenzhen (China)en_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0016-7398&volume=176&spage=227&epage=240&date=2010&atitle=Amenities+and+Disamenities:+A+Hedonic+Analysis+of+the+Heterogeneous+Urban+Landscape+in+Shenzhen+(China)en_HK
dc.identifier.emailChen, WY: wychen@hku.hken_HK
dc.identifier.emailJim, CY: hragjcy@hku.hken_HK
dc.identifier.authorityChen, WY=rp00589en_HK
dc.identifier.authorityJim, CY=rp00549en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1111/j.1475-4959.2010.00358.xen_HK
dc.identifier.scopuseid_2-s2.0-77955545270en_HK
dc.identifier.hkuros180511en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-77955545270&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume176en_HK
dc.identifier.issue3en_HK
dc.identifier.spage227en_HK
dc.identifier.epage240en_HK
dc.identifier.isiWOS:000280634200004-
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridChen, WY=35728317600en_HK
dc.identifier.scopusauthoridJim, CY=7006143750en_HK
dc.identifier.citeulike7614350-

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