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What is The Role of Land Value in The Urban Corridor?

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Published under licence by IOP Publishing Ltd
, , Citation A R Rakhmatulloh et al 2018 IOP Conf. Ser.: Earth Environ. Sci. 123 012033 DOI 10.1088/1755-1315/123/1/012033

1755-1315/123/1/012033

Abstract

The high movement causes traffic congestion and indicates high movement intensity along the corridor. The higher attraction of the land use will encourage the higher attraction of movement and economic values in the location. This attraction is also affected by the high mobility in the corridor supported by available transport infrastructure. Thus this causes land values become increase significantly. Land use along the corridor can be seen as commercial function because this activity is able to survive in the premium location. The purpose of this research is to identify the effect of land use change toward land values in the commercial corridor. This research used positivistic method with descriptive analysis. The result shows that the land values change in commercial use in the corridor has different pattern of land use change pattern according to physical condition and land use which causes highly economic attraction. The new commercial land is influenced by the distance to city centre or CBD (Central Business District). Land use and public facilities that have local and city scope services do not give the significant impact to land values change.

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