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The impact of transportation and walkability on Residential Property Value

This study analyzes the affect transportation and walkability toward Residential PropertyValue in neighborhoods of Shah Alam, Selangor in order to observe the impact of transportation and walkability as one of prominent smart growth principles in creating economic value. For the Residential Property...

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Main Author: Nurul Wazien, Mohd Noor
Format: Thesis
Language:English
English
Published: 2021
Subjects:
HG Finance
Online Access:https://etd.uum.edu.my/10326/1/grant%20the%20permission-s823618.pdf
https://etd.uum.edu.my/10326/2/s823618_01.pdf
https://etd.uum.edu.my/10326/
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spelling my.uum.etd.103262023-03-01T08:24:18Z https://etd.uum.edu.my/10326/ The impact of transportation and walkability on Residential Property Value Nurul Wazien, Mohd Noor HG Finance This study analyzes the affect transportation and walkability toward Residential PropertyValue in neighborhoods of Shah Alam, Selangor in order to observe the impact of transportation and walkability as one of prominent smart growth principles in creating economic value. For the Residential Property Value assessment, a hedonic regression model was created to estimate median Residential Property Value in Shah Alam, Selangor based on Secondary data that colled in the Brickz.com. The result of the model shows that transportation and walkability components have weaker influence on estimated Residential Property Value compared to other Structure Characteristic of the residential like no of floor, no of bedroom and the land area. Only three variable from the Structure Characteristic were statistically significant in this study: Structure Characteristic no of floor, Structure Characteristic No of Bedroom and Structure Characteristic Land Area. Consequently, all transportation and walkability are insignificant towards residential house prices. This shows that there are still ways to increase house prices through attractive house structure planning. With this, the formation of an attractive house structure in development planning is an important aspect in increasing the demand for house prices while raising house prices efficiently. The adoption of appropriate use of public transport uses the principle of good growth to achieve added value and improve the overall quality of life in the neighborhood. 2021 Thesis NonPeerReviewed text en https://etd.uum.edu.my/10326/1/grant%20the%20permission-s823618.pdf text en https://etd.uum.edu.my/10326/2/s823618_01.pdf Nurul Wazien, Mohd Noor (2021) The impact of transportation and walkability on Residential Property Value. Masters thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
topic HG Finance
spellingShingle HG Finance
Nurul Wazien, Mohd Noor
The impact of transportation and walkability on Residential Property Value
description This study analyzes the affect transportation and walkability toward Residential PropertyValue in neighborhoods of Shah Alam, Selangor in order to observe the impact of transportation and walkability as one of prominent smart growth principles in creating economic value. For the Residential Property Value assessment, a hedonic regression model was created to estimate median Residential Property Value in Shah Alam, Selangor based on Secondary data that colled in the Brickz.com. The result of the model shows that transportation and walkability components have weaker influence on estimated Residential Property Value compared to other Structure Characteristic of the residential like no of floor, no of bedroom and the land area. Only three variable from the Structure Characteristic were statistically significant in this study: Structure Characteristic no of floor, Structure Characteristic No of Bedroom and Structure Characteristic Land Area. Consequently, all transportation and walkability are insignificant towards residential house prices. This shows that there are still ways to increase house prices through attractive house structure planning. With this, the formation of an attractive house structure in development planning is an important aspect in increasing the demand for house prices while raising house prices efficiently. The adoption of appropriate use of public transport uses the principle of good growth to achieve added value and improve the overall quality of life in the neighborhood.
format Thesis
author Nurul Wazien, Mohd Noor
author_facet Nurul Wazien, Mohd Noor
author_sort Nurul Wazien, Mohd Noor
title The impact of transportation and walkability on Residential Property Value
title_short The impact of transportation and walkability on Residential Property Value
title_full The impact of transportation and walkability on Residential Property Value
title_fullStr The impact of transportation and walkability on Residential Property Value
title_full_unstemmed The impact of transportation and walkability on Residential Property Value
title_sort impact of transportation and walkability on residential property value
publishDate 2021
url https://etd.uum.edu.my/10326/1/grant%20the%20permission-s823618.pdf
https://etd.uum.edu.my/10326/2/s823618_01.pdf
https://etd.uum.edu.my/10326/
_version_ 1759692055373676544
score 13.211869

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