Urban Planning

Permanent URI for this collection

http://etd.aau.edu.et/handle/12345678/199

Browse

Browsing Urban Planning by Author "Amha Ermias"

Now showing 1 - 3 of 3
  • No Thumbnail Available
    Item
    Assessment of Site Suitability for Sustainable Residential Real Estate Investment in Addis Ababa: The Case of Lemi-Kura Sub-City
    (Addis Ababa University, 2025-06-01) Kidist Shuma Ayana; Amha Ermias
    This study explores the site suitability for sustainable residential real estate property investment in Addis Ababa, with a specific focus on Lemi-Kura Sub-City. The objective is to identify and map suitable locations for sustainable residential development by integrating Geographic Information System (GIS), the Analytical Hierarchy Process (AHP), and hedonic land value modeling. A geospatial analysis combined with multi-criteria evaluation was undertaken to analyze critical environmental and socio-economic parameters, including land use/land cover, slope, soil, and geology, to establish physical appropriateness. The analysis set the study region into three separate suitability zones for residential development: extremely low, moderate, and very high. Out of the entire area of 78.67 km², about 23.28 km² (30.87%) was found to have extremely low suitability, 8.73 km² (13.64%) was found to be moderately suitable, and 20.27 km² (25.78%) was found to be highly appropriate for building homes. Also, a hedonic pricing model (HPM) was used to measure how property features and location affect the value of residential land. The model construction is based on the Sales Comparison Approach (SCA), employing sample transaction data acquired from various sites in the research area. Based on the model performance, a residential land value map was generated. Finally, the weighted overlay analysis of the physical suitability map and the land value map was done to establish potential zones for residential development. The integrated technique identified that only 8.10% of the land was classified as extremely suitable, 26.51% as moderately suitable, and the rest, 65.39%, as having low suitability for residential use. The integration of GIS, AHP, and HPM generated encouraging results. Future research is encouraged to use sophisticated approaches such as machine learning and deep learning for improved prediction and decision-making. Keywords: Land Value Modelling; Real Estate Development; Residential Site Suitability; Sustainable Housing
  • No Thumbnail Available
    Item
    Measuring The Effect of Public Space on Property Value: A Hedonic Pricing & Multi-Attribute Analysis in Addis Ababa, Sheger Park’s Friendship Square
    (Addis Ababa University, 2026-01-01) Fehim Seid; Amha Ermias
    Urban public spaces and recreational areas are vital components of city life, providing environmental, economic, and social benefits. They act as "green lungs," enhancing air quality, offering recreational opportunities, and adding aesthetic value to urban environments. In Addis Ababa, however, urban development has historically neglected the importance of such spaces, often resulting in their reduction or complete loss. This neglect has had adverse environmental, economic, and social consequences. Moreover, the direct economic value of green amenities is rarely quantified in monetary terms, and empirical studies on urban green amenity valuation in developing countries, including Ethiopia, remain limited. This study focuses on the economic valuation of public spaces, with particular emphasis on Sheger Park and its surrounding water features in Arada Sub-city, Addis Ababa. It examines how proximity to these public spaces influences residential property values, including both sales and rental prices. The study employs the Hedonic Pricing Method (HPM) to analyze the impact of key environmental attributes, such as distance to Sheger Park and views of the park or artificial lakes, on property values. The regression results indicate that both homebuyers and renters are willing to pay a premium for properties located near public spaces or those with scenic views. Specifically, the value of owner-occupied houses increases by approximately 183,359.2 ETB for every 100-meter reduction in distance to Sheger Park. The model explains 64% of the variation in residential property prices (R² = 0.64), indicating a good model fit, while the remaining 36% is attributed to other unobserved factors. The 95% confidence interval for the distance coefficient ranges from −137,608.8 ETB to 370,890.3 ETB, suggesting that property prices increase within this range for every 100-meter decrease in distance to the park. Similarly, rental properties located closer to public spaces exhibit a statistically significant increase in value. These findings confirm that public spaces, such as parks and lakes, are critical amenities influencing housing prices in Arada Sub-city. This indicates that residents are willing to pay for green amenities in their neighborhood. Incorporating green amenities in designing urban residential areas and real estate developments can provide premium benefits to investors. Despite the clear demand for public spaces in Addis Ababa, their availability remains limited, making them highly sought after. The economic benefits estimated in this study highlight the importance of incorporating such spaces into urban design and land use planning. However, the redevelopment of Sheger Park has also triggered gentrification, displacing over 800 households to the city outskirts. This displacement has disrupted social ties, destabilized livelihoods, and caused psychological distress for affected families. The study concludes by emphasizing the need for a balanced approach to urban development that recognizes the value of public spaces while minimizing the negative impacts of gentrification. Policymakers must prioritize inclusive planning strategies that address the needs of displaced residents and ensure equitable access to urban amenities.
  • No Thumbnail Available
    Item
    Willingness to Pay and Perception for Preferred Natural Light, View and Space Shape of Condominium, the Case of Baldaras Condominiums, Addis Ababa
    (Addis Ababa University, 2022-06-01) Bethel Ayalew Zeleke; Amha Ermias
    Even though it is taken as common knowledge that natural light, view and the space shape are important attributes of any living space, how significant they are in the eye of the dweller, in what way they are preferred and how those demands can possibly be appreciated financially was the main interest of this paper. The task of satisfying the research intentions was carried out mainly by surveying condominium dwellers attitude towards the significance of natural light, view and space shape and in what way they preferred them, with how much they will be willing to pay to attain them. Another method used was a focus group discussion with professionals involved in the real estate business be it designing, valuing, selling and buying of condominiums to understand the financial influence of the attributes on condominium value. From the data analyzed it can be concluded that natural light, view and space shape are considered as a very significant part of the condominium life, view having a less gradation than the other two. The preferences for natural light were medium to very lit, for view to the green and common area and for space shape rectangular and square were popular choices. With willingness to pay that ranged from 1500 birr to 0. It was concluded that natural light, view and space shape are considered as very significant to the dweller, with a visible willingness to pay that can be processed to be the indicative financial value to the attributes. Key Word: Natural light preference, view preference, space shape preference, willingness to pay