The impact of landscape views and storey levels on property prices

Hui, Eddie C.M.; Zhong, Jiawei; Hung, Kam

doi:10.1016/j.landurbplan.2011.12.002

Cited by 65 publications

(37 citation statements)

References 36 publications

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“…Several studies have shown that properties located close to urban green spaces have a higher economic value [11][12][13], leading property developers to take advantage of these opportunities. Densification processes-for example, in the form of high-rise apartment complexes-occur around these areas, increasing the local population with easy access to them.…”

Section: Urban Densification and Recreational Qualitymentioning

confidence: 99%

Urban Densification and Recreational Quality of Public Urban Green Spaces—A Viennese Case Study

Arnberger

2012

Sustainability

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Public urban green spaces play an important role in urban sustainability. These places should provide high-quality recreation experiences for the urban residents. However, they are often overused. The Wienerberg area in the south of Vienna, Austria, was transformed from a waste disposal site into a natural recreation area. During the past years, intensive settlement densification processes have taken place, resulting in a doubling of the local population living within a few minutes walking distance. An on-site survey among green space visitors (N = 231) revealed that the majority of them considered the area to be overcrowded on Sundays/holidays and reported a perceived increase in visitor numbers during the past years. Visitors with more past experience, as well as those who have perceived an increase in visitor numbers during recent years, reported higher crowding perceptions. A significant proportion of them try to avoid these crowds, relying on behavioral coping strategies, such as inter-area displacement. While urban regeneration has provided an attractive recreation area, urban densification around the green space appears to have reduced its recreational quality. Monitoring recreation quality indicators, such as crowding perceptions, seems to be useful for sustainable urban green space management and city planning.

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Section: Urban Densification and Recreational Qualitymentioning

confidence: 99%

Urban Densification and Recreational Quality of Public Urban Green Spaces—A Viennese Case Study

Arnberger

2012

Sustainability

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“…Even though floor level was not a significant predictor of annoyance or self-reported sleep disturbance, the researchers suggested that residents at higher floor levels may experience fewer noise events than residents at lower floors. In another Hong Kong study (Hui et al, 2012), noise disturbance influenced the housing prices of condominium units below the 20th floor but not units above. In an exceptional study of the time (Cohen et al, 1973), children living on the higher floors of a 32-storey building in New York had better auditory discrimination and reading performance than those living on the lower floors of the same building that were impacted by higher traffic noise.…”

Section: Less Noisementioning

confidence: 93%

“…Several studies in Hong Kong have shown that apartments on higher floors or with nice views are sold at higher prices (e.g., Tse, 2002;Choy et al, 2007;Jim and Chen, 2009;Hui et al, 2012). In Hong Kong, a water view is valued the most (Chan et al, 2009;Jim and Chen, 2009), and a garden view is equally desirable (Hui et al, 2012), but a street or building view decreases the price (Chan et al, 2009). Whether having a mountain view adds value to a property is unclear (Chan et al, 2009;Jim and Chen, 2009) and a sea view that is obstructed by other buildings does not necessarily increase property value (Hui et al, 2012).…”

Section: Perceived Benefits Viewmentioning

confidence: 99%

“…In Hong Kong, a water view is valued the most (Chan et al, 2009;Jim and Chen, 2009), and a garden view is equally desirable (Hui et al, 2012), but a street or building view decreases the price (Chan et al, 2009). Whether having a mountain view adds value to a property is unclear (Chan et al, 2009;Jim and Chen, 2009) and a sea view that is obstructed by other buildings does not necessarily increase property value (Hui et al, 2012). Having a view is only important from the living room but not important from the kitchen or the bedroom (Lau et al, 2010).…”

Section: Perceived Benefits Viewmentioning

confidence: 99%

“…In a New York study, Jung et al (2011) reported that the level of traffic-related airborne pollutants were the lowest in residences above the fifth floor during the non-heating season. In a Hong Kong study, the low air quality had a negative impact on housing prices of units below the 20th floor (Hui et al, 2012). In a Korean study, occupants' preferences for working on higher floors of two supertall buildings were positively correlated with good air quality (Chung and Park, 2006).…”

Section: Cleaner Airmentioning

confidence: 99%

See 2 more Smart Citations

Living and Working in Tall Buildings: Satisfaction and Perceived Benefits and Concerns of Occupants

2017

Front. Built Environ.

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In the past few decades, tall buildings of 30 to over 100 storeys are becoming more common in modern cities around the world, especially in Asia and the Middle East, according to the Council on Tall Buildings and Urban Habitat. Extensive research has focused on the technical aspects of erecting tall buildings, yet few recent studies have been conducted to examine occupants' experiences and responses. To assess what is already known about living and working in these tall buildings and to provide future directions for research, this article reviews recent empirical studies on occupants' perception of tall buildings, and physiological and psychological experiences in relation to its tallness. Occupants perceive better view, less noise, and better air quality as benefits for living and working on higher floors than on lower floors. However, occupants also expressed concerns about height, difficulty with vertical transportation, strong wind, and escape in case of fire. Note that the methodologies used in many of the self-reported studies are relatively weak. Given the scarcity of research regarding human responses, this mini-review aims to encourage behavioral scientists to collaborate with building science researchers to advance our understanding of human-environmental relations in this new habitat.

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How Do Landscape Views and Storey Levels Affect Public Housing Prices Within the Community? Evidence from the Home Ownership Scheme Secondary Market in Hong Kong

Lin

2022

Lecture Notes in Operations Research

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The impact of landscape views and storey levels on property prices

Cited by 65 publications

References 36 publications

Urban Densification and Recreational Quality of Public Urban Green Spaces—A Viennese Case Study

Urban Densification and Recreational Quality of Public Urban Green Spaces—A Viennese Case Study

Living and Working in Tall Buildings: Satisfaction and Perceived Benefits and Concerns of Occupants

How Do Landscape Views and Storey Levels Affect Public Housing Prices Within the Community? Evidence from the Home Ownership Scheme Secondary Market in Hong Kong

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