Application GIS technology to determine the land price in Ward 10, District 8, Ho Chi Minh City

  • Duc Huu Hoang Ho Chi Minh University of Natural Resources and Environment, Ho Chi Minh City, Vietnam
  • Lan Thi Pham Hanoi University of Mining and Geology, Hanoi, Vietnam
  • Ha Thu Thi Le Hanoi University of Mining and Geology, Hanoi, Vietnam
  • Phi Hoang Nguyen Hanoi University of Mining and Geology, Hanoi, Vietnam
  • Hai Quoc Duong Hanoi University of Mining and Geology, Hanoi, Vietnam
  • Huynh Hoang Luu Hanoi University of Mining and Geology, Hanoi, Vietnam
  • Cuong Duy Khuat Technical centrer for natural resources, environment and land development Lam Dong, Lam Dong, Vietnam
  • Hieu Thanh Nguyen Khanh Hoa Environment and Natural Resource Department, Khanh Hoa,Vietnam
Keywords: GIS, Ho Chi Minh city, Land price

Abstract

Determination of land price is one of the most important land management roles. Land prices and changes of land prices are evident in the real estate market. The real estate market plays an important role in the economy of Vietnam. Recently, when the population is increasing, leading to increased housing demand. The distribution of the population is concentrated in big cities. Then the demand for land information, especially land prices are always interested by people. However, real information on land price is always lacking and virtual. If people want the real estate market to develop well, information on land price must be clear and adequate. The land price area map satisfies those requirements. Land price zone map helps managers about land effectively and the land price map also helps the people - participants in the real estate market to grasp the most reliable information of land prices. GIS technology is applied in the paper to zone land prices using land price information collecting in Ward 10, District 8, Ho Chi Minh City

References

Atansah Sembiring, Nazaruddin Matondang, Sugiharto Pujangkoro, (2019). Analysis of Factors Affecting Housing Property Values Simple Type at Davarel Green Village Housing. IOSR Journal of Business and Management (IOSR - JBM) e - ISSN: 2278 - 487X, p - ISSN: 2319 - 7668. Volume 21, Issue 5. Ser. IX (May. 2019), 88 - 92.

Hermawan, A., & Syahbana, J., (2015). Pemetaan Perkembangan Perhotelan Di Pusat Perdagangan Dan Jasa Kota Semarang Dengan Sistem Informasi Geografis. Geoplanning: Journal of Geomatics and Planning, 2(1), 38 - 50. [CrossRef].

Trịnh Lữu Liên, (2014). Kỹ thuật xây dựng vùng giá đất, vùng giá trị đất đai phục vụ định giá đất, trên cơ sở dữ liệu địa chính, công nghệ GIS và ảnh viễn thám. Tạp chí Khoa học & Công nghệ. 120(06): 127 - 132.

Paul B. Downing, (1973). Factors Affecting Commercial Land Values: An Empirical Study of Milwaukee, Wisconsin. Land Economics, Vol. 49, No. 1, 44 - 56 (13 pages).

Aliyu Ahmad Aliyu, Abdu Ibrahim Garkuwa, Ibrahim Suma Singhry and Haruna Adamu, (2016). Impacr of school accessiblity on residential property values: evidence from existing frontier of knowlodge. The acadamic conference of berkeley research and publications international on exploring sub-sahara Afican Resources of Sustainable Development in the Milennium, Vol.3 No.4.

Ryan Rivas, Dinesh Patil, Vagelis Hristidis, Joseph R.Barr and Narayanan Srinivasan, (2019). The impact of colleges and hospitals to local real estate markets. Journal of Big Data. Vol.6, No.7. 1:24.

Waddell P, Berry BJ, Hoch I., (1993). Residential property values in a multinodal urban area: new evidence on the implicit price of location. J Real Estate Finan Econ, 7(2):117–41.

Turner J., (2017). The impact of walkability on home values: fndings from neighborhoods in three Bay Area cities. Digital Commons @ Cal Poly. 2017. http://digitalcommons.calpoly.edu /cgi/viewcontent.cgi?article=1178&context=crpsp. Accessed Sept 2017.

Oni Ayotunde Olawande, Oluwatayo Adedapo and DurodolaDaniel O., (2012). European Scientific Journal December edition vol.8, No.28 ISSN: 1857 – 7881 (Print) e - ISSN 1857- 7431

Van Praag B., Baarsma B. E., (2001). The shadow price of aircraft noise nuisance Tinbergen Institute Discussion Paper, No. 01-010/3.

Ozdenerol E., Huang Y., Javadnejad F., Antipova A., (2015). The impact of trafc noise on housing values. J Real Estate Pract Educ.;18(1):35–54

Published
2021-08-31
Section
Applied sciences