STATISTICAL INTERPRETATION OF LAND VALUE PATTERNS IN PADANG, INDONESIA
Keywords:
Land Value, Natural Disasters, Accessibility, Service Facilities, Land Value PatternsAbstract
The tendency of physical development of morphology in Padang City leads to the east part of the city thus influencing land value. This study presents a mathematical statistics interpretation to explain what factors influence the distribution of the land value and the estimated magnitude of the relationship, and then analyzing the land value patterns that the hypothesized of factors influencing the land value in the road route of Ampang - Kalawi - Pasar Baru - Kapalo Koto in Padang City in 2014. By using multiple linear regression models, the results show that natural disasters, distance from the Central Bussines District (CBD), distance from service facilities and land use change significantly influenced the value of the land. While the distance from the main road did not show a large contribution to the land value. This was evidenced by the significant value bigger than α determined as the degree of trust. The land value patterns formed small peaks (mini peaks) due to: (1) the role of transportation network and (2) the existence of public service facilities (growth center other than CBD). Empirically the distribution of the land value varied or gave the expression of "U" pattern with high land value approaching the CBD, then declined and rose again in areas approaching facilities of the public service (growth center other than CBD).