| Summary: | 碩士 === 國立中央大學 === 營建管理研究所 === 100 === The joint development Taipei Metro Mass Rapid Transit (MRT) system is to develop in combination of the MRT construction with public or private land and funds. However, as most of the MRT facilities of the elevated stations are emplaced on the first floor or underground, which occupies a certain storefront that can be employed for business, the owners of the properties will wonder that the benefits of developing lots may decrease.
This study focuses on the five joint developing lands of the Taipei MRT Wenshan-Neihu Line. Through literature review and financial analysis, we analyze the rationality of the building layout and development benefits from the aspects of market values, construction of the MRT facilities and additional building bulk. The concluding remarks are, 1) the incentive benefits from the MRT plus the value of the building bulk that the landowners obtain are higher than the benefits of building floor area. 2) the benefits of the landowners are associated with the coverage ratio or building bulk of the building lots, the reward from the Taipei MRT, and the half of additional building bulk from the MRT authority. 3) it is regarded as the rationality of development benefit when the incentive benefits and the value of the building bulk compensate the loss of providing the original built-in volume for the MRT facilities. 4). the area for the MRT facilities matters when the additional building bulk exceeds the upper limit.
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