eprintid: 10194930
rev_number: 9
eprint_status: archive
userid: 699
dir: disk0/10/19/49/30
datestamp: 2024-07-23 10:30:09
lastmod: 2024-07-23 10:30:09
status_changed: 2024-07-23 10:30:09
type: article
metadata_visibility: show
sword_depositor: 699
creators_name: Jiang, F
creators_name: Ma, J
creators_name: Webster, CJ
creators_name: Chen, W
creators_name: Wang, W
title: Estimating and explaining regional land value distribution using attention-enhanced deep generative models
ispublished: pub
divisions: UCL
divisions: B04
divisions: C04
keywords: Land price estimation, Generative adversarial networks (GAN), Generative artificial intelligence (generative, AI), Deep learning, Attention mechanism, Deep generative models
note: This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions.
abstract: Accurate land valuation is crucial in sustainable urban development, influencing pivotal decisions on resource allocation and land-use strategies. Most existing studies, primarily using point-based modeling approaches, face challenges on granularity, generalizability, and spatial effect capturing, limiting their effectiveness in regional land valuation with high granularity. This study therefore proposes the LVGAN (i.e., land value generative adversarial networks) framework for regional land value estimation. The LVGAN model redefines land valuation as an image generation task, employing deep generative techniques combined with attention mechanisms to forecast high-resolution relative value distributions for informed decision-making. Applied to a case study of New York City (NYC), the LVGAN model outperforms typical deep generative methods, with MAE (Mean Absolute Error) and MSE (Mean Squared Error) averagely reduced by 36.58 % and 59.28 %, respectively. The model exhibits varied performance across five NYC boroughs and diverse urban contexts, excelling in Manhattan with limited value variability, and in areas characterized by residential zoning and high density. It identifies influential factors such as road network, built density, and land use in determining NYC land valuation. By enhancing data-driven decision-making at early design stages, the LVGAN model can promote stakeholder engagement and strategic planning for sustainable and well-structured urban environments.
date: 2024-08
date_type: published
publisher: ELSEVIER
official_url: http://dx.doi.org/10.1016/j.compind.2024.104103
full_text_type: other
language: eng
verified: verified_manual
elements_id: 2273349
doi: 10.1016/j.compind.2024.104103
lyricists_name: Chen, Weiwei
lyricists_id: WCHEF68
actors_name: Chen, Weiwei
actors_id: WCHEF68
actors_role: owner
funding_acknowledgements: 27202521 [Hong Kong Research Grants Council]; 2207101592 [Seed Fund for Collaborative Research]; 2202100879 [Seed Fund for PI Research - Basic Research from The University of Hong Kong]
full_text_status: restricted
publication: Computers in Industry
volume: 159-16
article_number: 104103
pages: 18
citation:        Jiang, F;    Ma, J;    Webster, CJ;    Chen, W;    Wang, W;      (2024)    Estimating and explaining regional land value distribution using attention-enhanced deep generative models.                   Computers in Industry , 159-16     , Article 104103.  10.1016/j.compind.2024.104103 <https://doi.org/10.1016/j.compind.2024.104103>.      
 
document_url: https://discovery.ucl.ac.uk/id/eprint/10194930/2/Chen_Estimating%20and%20explaining%20regional%20land%20value%20distribution%20using%20attention-enhanced%20deep%20generative%20models_AAM.pdf