SPATIAL ANALYTICS OF HOUSING PRICES WITH USER-GENERATED POI DATA, A CASE STUDY IN SHENZHEN

Muxin Jia, Taro Narahara

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Housing is among the most pressing issues in China. Researchers are eager to identify housing property's internal and geographic factors influencing residential property prices. However, few studies have examined the relationship between social media users' point of interest (POI) data and house prices using big data. This paper presents a machine learning model for regression analysis to reveal the relationship between housing prices and check-in POI density in Futian District, Shenzhen. The results show that our proposed price prediction model using additional features based on POI data proved to provide higher prediction accuracy. Our results indicate that incorporating POI features based on current feeds from location-based social networks can provide more up-to-date estimates of housing market price trends.

Original languageEnglish (US)
Title of host publicationHUMAN-CENTRIC - Proceedings of the 28th International Conference on Computer-Aided Architectural Design Research in Asia, CAADRIA 2023
EditorsImmanuel Koh, Dagmar Reinhardt, Mohammed Makki, Mona Khakhar, Nic Bao
PublisherThe Association for Computer-Aided Architectural Design Research in Asia
Pages635-644
Number of pages10
ISBN (Print)9789887891796
DOIs
StatePublished - 2023
Event28th International Conference on Computer-Aided Architectural Design Research in Asia, CAADRIA 2023 - Ahmedabad, India
Duration: Mar 21 2023Mar 23 2023

Publication series

NameProceedings of the International Conference on Computer-Aided Architectural Design Research in Asia
Volume1
ISSN (Print)2710-4257
ISSN (Electronic)2710-4265

Conference

Conference28th International Conference on Computer-Aided Architectural Design Research in Asia, CAADRIA 2023
Country/TerritoryIndia
CityAhmedabad
Period3/21/233/23/23

All Science Journal Classification (ASJC) codes

  • Architecture
  • Building and Construction
  • Computer Graphics and Computer-Aided Design
  • Materials Science (miscellaneous)
  • Modeling and Simulation

Keywords

  • Check-in POI
  • Hedonic Pricing Method
  • Kernel Density Estimation
  • SVR Model

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