A Study on the Land Price Characteristicsin Urban Railway Station's Surrounding Zones of Gwangju City, Korea

Abstract

This study shows that access to urban railway station affects the development of railway station's surrounding zone (RSSZ). For instance, the value of the property in RSSZ is likely to rise on the basis of the before and after the opening of a urban railway. Urban railway system is believed as an important solution to resolve worsening transport problems in metropolitan city. Also, the opening of a urban railway line is expected to affect the change of urban spatial structure, and to have more influence on land price of RSSZ.