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DC FieldValueLanguage
dc.contributorFaculty of Construction and Land Useen_US
dc.creatorZhang, Chenglin-
dc.identifier.urihttps://theses.lib.polyu.edu.hk/handle/200/6399-
dc.languageEnglishen_US
dc.publisherHong Kong Polytechnic University-
dc.rightsAll rights reserveden_US
dc.titleThe impacts of "one hour living circle" on housing market : a case study of Guangzhou, Chinaen_US
dcterms.abstractRegional integration is expected to generate additional economic values to cities, especially to their property markets. The concept of "One Hour Living Circle" is one possible model to achieve rapid urban integration. During the past few years, increasing regional activities between mainland China and Hong Kong have necessitated a deeper understanding of the potential and transformation of their property markets. Policy makers have put efforts supporting further integration through construction of better transport facilities. However, relatively little attention is paid to the effects on housing prices and its impacts on property market. This exploratory study examines the policy contents underlying the development of "One Hour Living Circle" in Guangzhou, and highlights the key implications arising from the outline of plan for the reform and development of the Pearl River Delta released by the central government and national strategies. Performance data on representative residential properties were evaluated to indicate the responses of the housing market. Empirical data from both interviews and questionnaire surveys from the Guangzhou citizens were used to analyze their reactions about housing choice. This comprehensive examination of data provides a reliable tool to analyzing the overall impacts arising from improvement in inter-city transport between Guangzhou and Foshan. This study reveals that improvement in transport accessibility has influenced the willingness-to-pay for housing of the residents in the two cities. The extent of housing choice and buying attitudes from the home buyers has been changed. It includes that while the traditional housing attributes remain the most influential factors affecting housing choice, convenient transport accessibility and commuting cost are now placed firmly in the dominant positions. These study findings provide useful reference to government and developers in deliberating on the issues such as land value, potential development direction, property selling and buying and social net-work.en_US
dcterms.extentix, 114 leaves : col. ill., col. maps ; 30 cm.en_US
dcterms.isPartOfPolyU Electronic Thesesen_US
dcterms.issued2011en_US
dcterms.educationalLevelAll Masteren_US
dcterms.educationalLevelM.Sc.en_US
dcterms.LCSHHousing -- Prices -- China -- Guangzhou.en_US
dcterms.LCSHReal property -- Prices -- China -- Guangzhou.en_US
dcterms.LCSHTransportation -- China -- Pearl River Delta.en_US
dcterms.LCSHRegional planning -- China -- Pearl River Delta.en_US
dcterms.LCSHHong Kong Polytechnic University -- Dissertationsen_US
dcterms.accessRightsrestricted accessen_US

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Please use this identifier to cite or link to this item: https://theses.lib.polyu.edu.hk/handle/200/6399