Master’s thesis submitted by Ms. Salsabila
[2019/07/24]
Today, (M2 student) Ms. Salsabila completed and submitted her master’s thesis.
Ms. Salsabila used several models to compare the accuracy and results of the impact of TOD (Transit Oriented Development) on residential land prices in the Tokyo metropolitan area. Using the MMMM (Multiple Menbership Multilevel Model), a type of regression model that takes into account multiple memberships of rail lines, she found that the value and accessibility of neighboring areas and the distance from the central business district and subcenter significantly affect land prices. The model also shows that land values are higher along railroad lines extending to the southwest of Tokyo.
