Public Transportation and City Development of Hong Kong
Autor: hengshue1992 • March 12, 2015 • Term Paper • 6,670 Words (27 Pages) • 1,266 Views
CITY UNIVERSITY OF HONG KONG[pic 1]
Public Transportation and City Development of Hong Kong
EF 4490 Term Project
LEE,Seung Yeob | (5201 1915) |
TEAH, Heng Shue | (5253 9469) |
THU, Myo Kyaw | (5249 0670) |
5 May 2014
1. Introduction
The accessibility of public transportation system is a key determinant in understanding land use and shaping the form of cities. “There is a strong co nnectio n between the available transport infrastructure and land use, which in turn impacts on land value. ” (Doherty, n.d) Some studies examined the effects of the accessibility of public transportation on land value and fo und out the close correlation between transport facilities and increased land value.
McMillen and McDonald (2004) analyzed the price trends of the housing within
1.5 miles of the Midway transit line in C hicago. The line was opened in 1993. However, single- family homes nearby started to sell their properties for 4.2 percent more than those from one mile away when the alignment of the proposed project was announced in 1984. Kahn (2007) also analyzed the census data and charted the change in house prices in neighborhoods located near transit stations that opened between 1970 and 2000 in US cities and concluded that house prices near new walk-and-ride stations increased by more than 5 percent over 10 years.
This paper is focused on Hong Kong which is famous for efficient transportation system and good urban development. There are three main sections in this paper: the commuting choice, Hong Kong current land use and population distribution and public transport and land value. It is found out that the price of land near railway station is higher than elsewhere in Hong Kong.
2. The Commuting Choice: Private vs. Public
Since the early colonial age, Hong Kong has been introd uced with a variety o f public transportation. For instance, the S tar Ferry, connecting Kowloon Peninsular and Hong Kong Island, was founded in 1888. The tramway along the Northern coast of Hong Kong Island was established in 1904. The first franchised operation of buses can be dated back to 1933. The provision of public transportation generally serves for one purpose: to increase the mobility of members in the society. In Hong Kong where the government pursued the “positive- noninterventio n” policy, profitability comes first. The choice between private car ownership and public transportation thus are largely attributed to individual’s affordability and preferences.
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