An analysis on location factors affecting the spatial distribution of Shanghai land values

With a technique of GIS(Geographical Information System) and a method of multiple linear regression analysis, the spatial distribution of Shanghai land values and its relationship with some location factors are examined in this paper. The database of land values consists of 166 land parcels leased during 1993–1994. The land value map shows that the spatial distribution of Shanghai land values has some distinct spatial features. Firstly, the highest land value areas are located along Nanjing Road, Huaihai Road and the Bund. Secondly, there is no conspicuous peak land value intersection within the CBD(Central Business District). Finally, The land values of Pudong are much lower than those of Puxi. The regression model between Shanghai land values and the selected location factors shows that Nanjing Road is the first important location factor affecting the spatial distribution of the land values, the city center is the second one and Huaihai Road is the third one. The Bund, the regional shopping centers and the transportation nodes have little influence on the land values. This relationship between Shanghai land values and the location factors is determined by the distribution of commercial activities, the characteristics of the CBD and the spatial form of the city.