GPN 63 PLVI

What does PLVI stand for?

• Peak Land Value Index

• Primary Land Value Index

• Public Land Value Index

• Private Land Value Index

Which of the following factors can skew the decrease in land value?

• Access to a main road

• Proximity to a park

• Number of schools

• Availability of public transport

In the context of PLVI, what does CBD stand for?

• Central Business District

• Central Building District

• Commercial Business District

• Core Business District

LIC cities tend to have the industry and the ring roads FURTHER from the CBD. True or False?

• True

• False

Name for a manmade river (hint: C) which is no longer used as a main transport method but explain the pattern of PLVI in some older cities.

Name for phenomenon which was increased by covid and is why many companies no longer need so much CBD office space. (Hint: WFH)

Chains are more likely to afford the PLVI costs associated with prime footfall locations because they have ______.

• Economies of scale

• More employees

• Better marketing

• Larger buildings

Non-chain, locally-owned businesses tend to be a little further out where it is ______.

• Cheaper

• Busier

• Quieter

• Closer to transport hubs

Where is the PLVI usually?

• Expensive suburbs

• Areas of the CBD close to transport hubs

• Wharfs and docklands near manufacturing industries

• Areas on the rural-urban fringe near greenfield sites

If there is more than one peak area for land value, the smaller peaks are called...

• Partial peak value land

• Secondary peak value land

• Additional peak value land

• Subsidary peak value land