Integration and Prosperity: An Analysis of the Impact of Beijing’s Urban Infrastructure and Service Facilities on Real Estate Value

This study examines the impact of commercial spaces, transportation facilities, and green spaces on real estate values in Beijing, demonstrating how these elements can enhance property attractiveness and regional economic vitality. Utilizing house price data and service facility POI and AOI data, the research employs kernel density and geodetector models to show that a robust urban infrastructure positively influences house prices, particularly when commercial areas are integrated with ample green spaces. A case study of the Beijing Olympic Forest Park and its adjacent commercial and transport amenities further validates the theoretical findings and discusses their implications for urban planning and real estate development. The paper emphasizes the need for a balanced approach to infrastructure and environmental protection to foster sustainable urban growth and a robust real estate market.