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Table 2 Variables measurement

From: Impact of rail transit station proximity to commercial property prices: utilizing big data in urban real estate

Variable types

Variables

Variable quantification

Data source

Dependent variable

Property price

US$/m2

Real estate marketplaces

Independent variables

Structural attributes

 Number of Rooms

Total number of rooms in property (Unit)

Real estate marketplaces

 Building Size

Total area of a property (m2)

Real estate marketplaces

Accessibility attributes

 Dist. to station

Distance between the property to station (m)

GIS

Neighborhood attributes

 Schools

If there is a school within 1 km, the variable is 1, otherwise 0

GIS

 University

If there is a university within 1 km, the variable is 1, otherwise 0

GIS

 Hospital

If there is a hospital within 1 km, the variable is 1, otherwise 0

GIS

 CBD

If there is a CBD within 1 km, the variable is 1, otherwise 0

GIS

Location attributes

 Karet Kuningan

Location of transit station that being investigated

GIS

 Dukuh Atas

 Rasuna Said

 Cawang

 Kuningan

 Cikoko

 Ciliwung