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To what extent does Hong Kong fit the pattern of decreasing land values with increasing distance from the Peak Land Value Intersection?

November 11, 2021

Abstract

With land in Hong Kong generally sold to the highest bidder, the land value is often argued to increase closer to the PLVI. By using building heights along four transects as a proxy indicator for the land value, this paper attempts to explore to what extent does Hong Kong fit this pattern, and verify whether land use models (Burgess Model, Hoyt Model, Functional Zone Model) apply.

Information

This paper was submitted as the Internal Assessment for the May 2022 International Baccalaureate Geography Higher Level exams.

Marks achieved: 25/25

Code is available here.

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Paper License: CC BY-NC-SA 4.0