A GIS-based site selection system for real estate projects

li, H; yu, L and Cheng, E W L (2005) A GIS-based site selection system for real estate projects. Construction Innovation, 5(4), pp. 231-241. ISSN 1471-4175

Abstract

Site selection is critical for planning a real estate development project. Different mathematical and statistical models have been applied to support real estate developers in selecting suitable sites for development projects. This paper presents a new approach to site location selection that makes use of Geographical Information Systems (GIS) that incorporates the utilization of the Data Envelopment Analysis (DEA) method called a GIS-based site selection system. With the implementation of this system, users can determine the most suitable site objectively and visually. The paper also demonstrates an application of the system to a residential building project.

Item Type: Article
Uncontrolled Keywords: dea; gis; real estate; site selection
Index terms: real estate development, site selection, information system, real estate, statistical model, implementation, data envelopment analysis, residential building
Subjects: economic development, cognitive psychology, information systems, construction type, real estate economics, data science, data analysis and analytics, contractual arrangements
Topics: Digital Applications, Urban Studies, Construction Technology, Procurement, Research Practice, Engineering Principles
Descriptive scope: 3 PCA

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