| 摘要(英) |
The opening of the Taoyuan Airport MRT has provided a new public transportation option connecting Taipei City, New Taipei City, and Taoyuan City. The new MRT line improves transportation convenience, which may impact property prices in the areas along the route. This study investigates the impact of the Taoyuan Airport MRT on property prices in Xinzhuang and Linkou districts. The main objective is to analyze the changes in property prices in these two areas before and after the MRT′s opening and to quantify the influence of the MRT on property price variations. By collecting real estate transaction data before and after the MRT′s opening, the study employs the Hedonic Pricing Model (HPM) for empirical analysis, controlling for other factors that may affect property prices to evaluate the MRT′s direct impact on property prices in Xinzhuang and Linkou districts.
The findings reveal that the MRT′s opening has had a significant positive impact on property prices, with the effect being more pronounced in the Linkou area. Compared to Xinzhuang, the MRT′s influence on property prices is greater in Linkou, likely because Linkou is a developing residential area where the convenience of the MRT increases its appeal. The more notable increase in property prices highlights the attractiveness of public transportation infrastructure in driving property value growth. These results contribute to a better understanding of the impact of public transportation developments on the real estate market. |
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