基於全球暖化、能源短缺等問題日益明顯，臺灣的公共自行車文化也 在這幾年逐漸成形，目前臺北市公共自行車系統 (或稱微笑單車) 已建置超 過200 個站點，累積4000 萬以上的使用人次。而公共自行車系統具有對環 境友善的綠色交通特質，提供接駁、轉乘用途，不僅提升大眾運輸服務範 圍的及戶性與生活便利度，尚具有休閒、觀光等功能，促進站點周圍景點 及熱門商圈的發展。過去研究交通及大眾運輸系統的相關文獻，大多支持 交通設施將透過資本化效果對周圍不動產帶來正向影響的論點。因此，本 文試圖釐清公共自行車系統是否對於周圍地區不動產價格會產生影響效 果。 本研究選取臺北市2012 年10 月至2015 年底之不動產實價登錄交易資 料作為研究對象，透過公共自行車系統共212 個站點資料，運用特徵價格模型，進行公共自行車對鄰近周圍400 公尺住宅價格影響效果之分析。實 證結果顯示，公共自行車設站後對於鄰近地區住宅價值有正向且顯著的提 升，其幅度約為住宅價格的5.97%，此結果可提供消費者參考。另外，公共 自行車場站對低總價住宅正向影響大於高總價住宅，顯示低總價住宅住戶 較偏好使用公共自行車，產生較大的效用，可提供未來場站應多設置於低 總價住宅區之政策參考；而通勤與非通勤 (休閒) 不同類型場站對周圍住宅 價格影響不同，通勤類型價差約3.1%，顯示通勤類型場站效用較大，亦可 提供未來場站多設置通勤類型參考。

Due to global warming, energy shortage as well as other environmental issues, the culture of bike sharing in Taiwan has taken shape gradually in recent years. There are over 200 stations of Public Bike System (Youbike) in Taipei with over 40 million citizens that have used it. Such green transportation facility is environmentally friendly and provides the ease of short-distance transit. Not only does it expands the service area of the mass rapid transit system, but also promotes the development of locations or shopping areas near bike stations. Many reports about traffic or mass transportation reveal that improvements in transport would bring positive effects on nearby housing prices. Therefore, this paper focuses on the influence of bike sharing system on property values. The transaction data in this study is adapted from Actual Price Registration of Real Estate in Taipei City in the period of October 2012 to December 2015 along with 212 locations of bike stations. The regression modeling results showed that, that setting up the PBS stations would improve traffic accessibility around the area, the quality of the living environment in the urban area, and increase the MRT station and other transport facilities’ service area. In addition, it also brings positive and significant effects on the price of residential housing close to the stations.