The Impact of Urban Spatial Plan on Land Value: An Approach System to Relating Space Syntax Premises to the Land Price

Abstract

This research study explored the impact of an urban spatial plan on land value; it drew on the value model based on space syntax as a systematic technical piece of software that explains and analyzes the relationship between land use and land value. The study proposes a framework based on the urban spatial network. We selected the Kirkuk city master plan for evaluation purposes and hypothesized that there would be a relationship between the space syntax of the essence of urban spatial integration and the price of land. Therefore, the case selected was evaluated in three aspects of analysis: the urban spatial function, which involves the integration rates of the city’s street network and connectivity; the urban land price assessments in the context of the city’s spatial grids; and the expansion of land use distribution, including residential and commercial grounds, to explain the changing economic value of the spatial relationship in the land market. OSM, AutoCAD, depth map X8, QGIS 3.16, and SPSS were used for data cluster analysis, spatial network preparation and analysis, and correlation analysis. The results showed that the urban spatial plans and comprehensive urban socioeconomic and environmental factors had a significant impact on land price. This result can enhance the future spatial design and the economy of metropolitan areas.

Investigating the Effect of Transit-Oriented Development (TOD) on Social Equity—Examining the Displacement of Footscray, Melbourne

“…Spatial analysis is widely used based on microeconomics to predict the spatial patterns that should occur, for example, the growth of networks and urban systems [63]. Also, as Joe pointed out in the third-week lecture, it is possible to show how things exist or change across space by analysing spatial data [64]. The change in street infrastructure, the increase in housing and the difference in built forms are the external manifestations of urban development.…”

The Impact of Urban Street Network on Land Value: Correlate Syntactical Premises to the Land Price

“…A study by [9] demonstrates that the street network connection plays a significant role in According to the survey, the location of land can significantly influence its value. The distance of the land from the main street in the urban spatial network is the primary factor determining its price [48,49]. For instance, a small plot of land will likely have limited value and low prices due to its distance from transportation and lack of access to facilities.…”

Assessing Established Residential Compounds between Regulation and Reality Utilizing Space Syntax Theories

“…Translating philosophy into practice and influencing policy through influencing investment can be conducted by creating an urban value model using the space syntax analysis as an essential component to show the effect of street connectivity on future land values and investment strategies. The connectivity of streets was directly correlated to the value of properties in existing cities [7,12,14] by calculating the connectivity in the new compound's master plan and extrapolating it to a real estate value, "If you organize it correctly, the design studio can be as fertile as the research environment at a university. This is another aspect of the process and a key lesson from practice."…”

“…Turning the city into a more bicycle-friendly area and allowing connections across the tracks [5]. Space syntax has proven its ability in contributing to introduce healthier, safer, and more efficient layouts [6], through connectivity, distribution of land uses, organizing movement, impact on crime, altering the carbon footprint of cities, and influencing land value growth [5,7]. It is important to note that many researchers from the region have been interested in the factors affecting land values and their relationships with urban spatial networks, and street hierarchy [8].…”