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Free Content A GIS-based site selection system for real estate projects

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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.

Keywords: DEA; GIS; REAL ESTATE; SITE SELECTION

Document Type: Research Article

DOI: http://dx.doi.org/10.1191/1471417505ci101oa

Affiliations: 1: Department of Building and Real Estate, The Hong Kong Polytechnic University, Hong Kong 2: Department of Management, Queensland University of Technology, Australia

Publication date: December 1, 2005

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