Incentives of Environmental Design and Management in Residential Areas of Beijing
北京亚奥地区居住环境设计与管理的经济利益

To increase the quality of life in urban areas, new management systems facilitating the long-run improvement of residential environments are expected. This necessitates a good understanding of the benefits of environmental design and management, as well as the social effects of relevant policies. This paper addressed this issue by studying the incentives of environmental design and management with data of Beijing. Through detailed survey of neighborhoods, the critical factors of environmental design and management were explored, and then the economic effects of these factors on housing prices were investigated. In this way, the incentives of improving the design and management of residential environments were clarified. The results suggested that, planning and design, incompatibility with surrounding neighborhoods, and the property management of neighborhoods, are three critical factors influencing the quality of residential environments, and the environmental design and management of neighborhoods have significant economic values. These results implied that the introduction of environmental design and management system would effectively bring benefits to the neighborhoods. Based on analysis results, the appropriate range of property management fee is also proposed.