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A systematic review on spatial-based valuation approach for built cultural heritage

This paper reviews previous research that has been carried out to assess the value of built cultural heritage based on spatial-based valuation approach. Built cultural heritage is classified as a special property and can be categorised under thin market due to limited transaction or being traded ina...

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Main Authors: Md. Azmi, Fatin Afiqah, Ismail, Suriatini, Mat Zin, Normayuni, Adi Maimun, Nurul Hana, Mohamad, Junainah
Format: Article
Language:English
Published: Universiti Teknologi Malaysia 2019
Subjects:
NA Architecture
Online Access:http://eprints.utm.my/id/eprint/87272/1/FatinAfiqahMdAzmi2019_SystematicReviewonSpatialbasedValuation.pdf
http://eprints.utm.my/id/eprint/87272/
https://www.utm.my/intrest/files/2020/01/A-SYSTEMATIC-REVIEW-ON-SPATIAL-BASED-VALUATION-APPROACH-FOR-BUILT-CULTURAL-HERITAGE.pdf
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id my.utm.87272
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spelling my.utm.872722020-11-30T09:01:01Z http://eprints.utm.my/id/eprint/87272/ A systematic review on spatial-based valuation approach for built cultural heritage Md. Azmi, Fatin Afiqah Ismail, Suriatini Mat Zin, Normayuni Adi Maimun, Nurul Hana Mohamad, Junainah NA Architecture This paper reviews previous research that has been carried out to assess the value of built cultural heritage based on spatial-based valuation approach. Built cultural heritage is classified as a special property and can be categorised under thin market due to limited transaction or being traded inactively in certain areas. It will age with time, which needs special attention by the local communities and authorities to sustain its cultural, historical and architectural values to be transmitted to future generations. A systematic review has been conducted to examine spatial characteristics that may affect the values of built cultural heritage, the spatial-based valuation approach and the impact of heritage properties on surrounding house prices located within specific radius or distance from the heritage properties. The finding shows that theoretical and empirical studies by the previous research have given some attention to address the concern regarding an effective method for assessing the values of built cultural heritage. It also suggests that there is lack of study on the spatial-based valuation approach for built cultural heritage and Spatial Hedonic Modelling (SHM) offers many opportunities for further investigation. Universiti Teknologi Malaysia 2019 Article PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/87272/1/FatinAfiqahMdAzmi2019_SystematicReviewonSpatialbasedValuation.pdf Md. Azmi, Fatin Afiqah and Ismail, Suriatini and Mat Zin, Normayuni and Adi Maimun, Nurul Hana and Mohamad, Junainah (2019) A systematic review on spatial-based valuation approach for built cultural heritage. International Journal of Real Estate Studies, 13 (2). pp. 59-70. ISSN 1832-8505 https://www.utm.my/intrest/files/2020/01/A-SYSTEMATIC-REVIEW-ON-SPATIAL-BASED-VALUATION-APPROACH-FOR-BUILT-CULTURAL-HERITAGE.pdf
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic NA Architecture
spellingShingle NA Architecture
Md. Azmi, Fatin Afiqah
Ismail, Suriatini
Mat Zin, Normayuni
Adi Maimun, Nurul Hana
Mohamad, Junainah
A systematic review on spatial-based valuation approach for built cultural heritage
description This paper reviews previous research that has been carried out to assess the value of built cultural heritage based on spatial-based valuation approach. Built cultural heritage is classified as a special property and can be categorised under thin market due to limited transaction or being traded inactively in certain areas. It will age with time, which needs special attention by the local communities and authorities to sustain its cultural, historical and architectural values to be transmitted to future generations. A systematic review has been conducted to examine spatial characteristics that may affect the values of built cultural heritage, the spatial-based valuation approach and the impact of heritage properties on surrounding house prices located within specific radius or distance from the heritage properties. The finding shows that theoretical and empirical studies by the previous research have given some attention to address the concern regarding an effective method for assessing the values of built cultural heritage. It also suggests that there is lack of study on the spatial-based valuation approach for built cultural heritage and Spatial Hedonic Modelling (SHM) offers many opportunities for further investigation.
format Article
author Md. Azmi, Fatin Afiqah
Ismail, Suriatini
Mat Zin, Normayuni
Adi Maimun, Nurul Hana
Mohamad, Junainah
author_facet Md. Azmi, Fatin Afiqah
Ismail, Suriatini
Mat Zin, Normayuni
Adi Maimun, Nurul Hana
Mohamad, Junainah
author_sort Md. Azmi, Fatin Afiqah
title A systematic review on spatial-based valuation approach for built cultural heritage
title_short A systematic review on spatial-based valuation approach for built cultural heritage
title_full A systematic review on spatial-based valuation approach for built cultural heritage
title_fullStr A systematic review on spatial-based valuation approach for built cultural heritage
title_full_unstemmed A systematic review on spatial-based valuation approach for built cultural heritage
title_sort systematic review on spatial-based valuation approach for built cultural heritage
publisher Universiti Teknologi Malaysia
publishDate 2019
url http://eprints.utm.my/id/eprint/87272/1/FatinAfiqahMdAzmi2019_SystematicReviewonSpatialbasedValuation.pdf
http://eprints.utm.my/id/eprint/87272/
https://www.utm.my/intrest/files/2020/01/A-SYSTEMATIC-REVIEW-ON-SPATIAL-BASED-VALUATION-APPROACH-FOR-BUILT-CULTURAL-HERITAGE.pdf
_version_ 1685578946246082560
score 13.211869

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