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As the Taoyuan International Airport MRT and Taichung City Metro Green Line started to construct, the citizens expected the convenience public transportation service in the future. It is a worth discussion about whether the economic benefit will influence the real estate price around the MRT. This study focuses on how the traffic convenience related to the real estate price, comparing the difference of the influence on the two MRT lines. We screened out the real estate price around the Sinjhuang Dist., New Taipei City, Linkou Dist., New Taipei City, Jhongli Dist., Taoyuan City, Beitun Dist., Taichung City, Situn Dist., Taichung City, and Nantun Dist., Taichung City, and these samples were quoted from the Ministry of the Interior of Taiwan and formed from Jan.2013 to Dec.2016. We located these samples by the positioning system, using Quantum Geographic Information Systems(QGIS) to measure the traffic accessibility of every samples, discussing by the Hedonic price method. We developed two models. 1, Straight-line distance intervals 2, gradient distance intervals. We deleted the samples of model one which is over 1000 meters. The conclusions are as follows: 1.Using the semi-logarithmic linear model, except for the goodness of fit of the MRT Huan Bei Station in Jhongli Dist being lower (55.99%), the others are above around 60%. It shows that the study which is formed by the program of the Hedonic price can effectively express the factors which influence the price of the residential house prices.
2.The hedonic pricing model for housing produced results that were in line with our expectations. In the way of the coefficient, the variables such as the house area, the house age, the numbers of the room, the numbers of the hall, show the positive correlation with the house price. The results of the other control variables show the difference because of the different location of the MRT stations. 3.In the distance way, the new MRT systems of the two lines show the positive influence on the metropolis real estate price. Take the Taoyuan International Airport MRT for example, the price of the Jhongli Dist adds 210 thousand dollars while each distance is close to the station for 100 meters. And take the green line of the Taichung MRT system for example, the price of the Situn Dist adds 142 thousand dollars while each distance is close to the station for 100 meters. Therefore, it shows that the MRT station has an influence on the price of the real estate.
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