A quantitative measure of land price heterogeneity in subdivision for residential purposes

V. Pemajayantha, Shahed Khan, K. B. Jinadasa, V. Pemajayantha, Robert Mellor, M. Shelton Peiris, Jay R. Rajasekera

    Research output: Chapter in Book / Conference PaperConference Paper

    Abstract

    This study analyses the existence of land price heterogeneity using an emperical model fitted to data collected from three successfully completed land development projects in Sydney, Australia. The results indicate that price heterogeneity within a region ensures efficient subdivision of land in residential developments. In addition, these results have wider implications for land-use allocation and city planning.
    Original languageEnglish
    Title of host publicationCurrent Research in Modelling, Data Mining & Quantitative Techniques
    PublisherUniversity of Western Sydney
    Number of pages18
    ISBN (Electronic)0975159909
    ISBN (Print)9780975159903
    Publication statusPublished - 2003
    EventWorkshop on Advanced Research Methods -
    Duration: 1 Jan 2003 → …

    Conference

    ConferenceWorkshop on Advanced Research Methods
    Period1/01/03 → …

    Keywords

    • real property
    • prices
    • city planning
    • economic lot size
    • land subdivision
    • Sydney, N.S.W.

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