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    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/127571

    Title: Where does floating TDR land? An analysis of location attributes in real estate development in Taiwan
    Authors: 江穎慧
    Chiang, Ying-Hui
    Shih, Mi
    Chang, Hsiutzu Betty
    Contributors: 地政系
    Keywords: TDR;Density bonus;Location attributes;Real estate development;Taiwan
    Date: 2019-03
    Issue Date: 2019-11-26 14:40:46 (UTC+8)
    Abstract: This article examines how the attributes of an urban location contribute to private property developers’ use of transfer of development rights (TDR) in Taiwan. We use “floating TDR” to describe a deliberate design feature of the Taiwanese program—the lack of legal requirement for planning designation of the receiving areas. The result is that planners have little control over where TDR takes place in the city even though TDR density bonus has been widely used in real estate development. A logistic regression model finds that TDR projects gravitate toward locations of certain attributes: growing neighborhoods, neighborhoods with higher household income, parcels with a slower increase in land price, and locations at a further distance from public facilities such as urban parks and mass transit stations. Real estate projects of a greater development volume and a smaller site area are also more likely to use TDR density bonus. This article concludes by reaffirming the important role of planning in the design and use of TDR as a market-enabling tool.
    Relation: Land Use Policy, Vol.82, No.2019, pp.8320-840
    Data Type: article
    DOI 連結: https://doi.org/10.1016/j.landusepol.2018.12.029
    DOI: 10.1016/j.landusepol.2018.12.029
    Appears in Collections:[地政學系] 期刊論文

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