A COASTAL EROSION DERIVATION FORMULA FOR VALUING THE COASTAL LAND VALUES IN MALAYSIA

The coastal area hosts significant economic activity with some of the highest property values, which the government and private investors aim to maintain and secure their interests. Yet, this area presented a growing risk to coastal properties' value because the land and structural attributes a...

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Main Authors: Hamdi Abdul Hamid, Hamdi Abdul Hamid, Norhadija Darwin, Norhadija Darwin, Masfaliza Mohsen, Masfaliza Mohsen, Norhidayah Md. Yunus, Norhidayah Md. Yunus, Azizah Ismail, Azizah Ismail, Mohd Farid Mohd Ariff, Mohd Farid Mohd Ariff, Zulkepli Majid, Zulkepli Majid
Format: Article
Language:en
Published: 2023
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Online Access:http://eprints.uthm.edu.my/10568/1/J16430_a18adb487248a47b3a0d0e555397dc38.pdf
http://eprints.uthm.edu.my/10568/
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_version_ 1833419281479499776
author Hamdi Abdul Hamid, Hamdi Abdul Hamid
Norhadija Darwin, Norhadija Darwin
Masfaliza Mohsen, Masfaliza Mohsen
Norhidayah Md. Yunus, Norhidayah Md. Yunus
Azizah Ismail, Azizah Ismail
Mohd Farid Mohd Ariff, Mohd Farid Mohd Ariff
Zulkepli Majid, Zulkepli Majid
author_facet Hamdi Abdul Hamid, Hamdi Abdul Hamid
Norhadija Darwin, Norhadija Darwin
Masfaliza Mohsen, Masfaliza Mohsen
Norhidayah Md. Yunus, Norhidayah Md. Yunus
Azizah Ismail, Azizah Ismail
Mohd Farid Mohd Ariff, Mohd Farid Mohd Ariff
Zulkepli Majid, Zulkepli Majid
author_sort Hamdi Abdul Hamid, Hamdi Abdul Hamid
building UTHM Library
collection Institutional Repository
content_provider Universiti Tun Hussein Onn Malaysia
content_source UTHM Institutional Repository
continent Asia
country Malaysia
description The coastal area hosts significant economic activity with some of the highest property values, which the government and private investors aim to maintain and secure their interests. Yet, this area presented a growing risk to coastal properties' value because the land and structural attributes are vulnerable to erosion. Few empirical studies have included erosion rate besides the land attribute and reclamation in analysing its impact on the value of coastal land, especially in Malaysia. Hence, this study aims to derive a coastal erosion formula for valuing the coastal land values in Malaysia. Taman Alai Perdana (Crystal Bay), Melaka, was selected as a case study area for investigating formula derivation. Based on the formula derivation, the findings have determined that significant property values were affected by erosion in the study area. Using property One (1) in Crystal Bay Alai, Melaka, as an example, with a land area of 632m2 , it was valued at RM163286.26 or RM236.81/m2 before formula application. Then, by applying the formula for the same property, considering the identified area erosion rate of -1.41m required a reclamation width of 2.5m to rectify the erosion. Therefore, a value of RM163,286.26 with a difference of RM13,625.00 was determined. Hence, the study has determined reclamation and erosion rate should be included in the coastal land valuation.
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spelling my.uthm.eprints-105682024-01-03T01:37:23Z http://eprints.uthm.edu.my/10568/ A COASTAL EROSION DERIVATION FORMULA FOR VALUING THE COASTAL LAND VALUES IN MALAYSIA Hamdi Abdul Hamid, Hamdi Abdul Hamid Norhadija Darwin, Norhadija Darwin Masfaliza Mohsen, Masfaliza Mohsen Norhidayah Md. Yunus, Norhidayah Md. Yunus Azizah Ismail, Azizah Ismail Mohd Farid Mohd Ariff, Mohd Farid Mohd Ariff Zulkepli Majid, Zulkepli Majid T Technology (General) The coastal area hosts significant economic activity with some of the highest property values, which the government and private investors aim to maintain and secure their interests. Yet, this area presented a growing risk to coastal properties' value because the land and structural attributes are vulnerable to erosion. Few empirical studies have included erosion rate besides the land attribute and reclamation in analysing its impact on the value of coastal land, especially in Malaysia. Hence, this study aims to derive a coastal erosion formula for valuing the coastal land values in Malaysia. Taman Alai Perdana (Crystal Bay), Melaka, was selected as a case study area for investigating formula derivation. Based on the formula derivation, the findings have determined that significant property values were affected by erosion in the study area. Using property One (1) in Crystal Bay Alai, Melaka, as an example, with a land area of 632m2 , it was valued at RM163286.26 or RM236.81/m2 before formula application. Then, by applying the formula for the same property, considering the identified area erosion rate of -1.41m required a reclamation width of 2.5m to rectify the erosion. Therefore, a value of RM163,286.26 with a difference of RM13,625.00 was determined. Hence, the study has determined reclamation and erosion rate should be included in the coastal land valuation. 2023 Article PeerReviewed text en http://eprints.uthm.edu.my/10568/1/J16430_a18adb487248a47b3a0d0e555397dc38.pdf Hamdi Abdul Hamid, Hamdi Abdul Hamid and Norhadija Darwin, Norhadija Darwin and Masfaliza Mohsen, Masfaliza Mohsen and Norhidayah Md. Yunus, Norhidayah Md. Yunus and Azizah Ismail, Azizah Ismail and Mohd Farid Mohd Ariff, Mohd Farid Mohd Ariff and Zulkepli Majid, Zulkepli Majid (2023) A COASTAL EROSION DERIVATION FORMULA FOR VALUING THE COASTAL LAND VALUES IN MALAYSIA. Journal of the Malaysian Institute of Planners, 21 (3). pp. 171-182.
spellingShingle T Technology (General)
Hamdi Abdul Hamid, Hamdi Abdul Hamid
Norhadija Darwin, Norhadija Darwin
Masfaliza Mohsen, Masfaliza Mohsen
Norhidayah Md. Yunus, Norhidayah Md. Yunus
Azizah Ismail, Azizah Ismail
Mohd Farid Mohd Ariff, Mohd Farid Mohd Ariff
Zulkepli Majid, Zulkepli Majid
A COASTAL EROSION DERIVATION FORMULA FOR VALUING THE COASTAL LAND VALUES IN MALAYSIA
title A COASTAL EROSION DERIVATION FORMULA FOR VALUING THE COASTAL LAND VALUES IN MALAYSIA
title_full A COASTAL EROSION DERIVATION FORMULA FOR VALUING THE COASTAL LAND VALUES IN MALAYSIA
title_fullStr A COASTAL EROSION DERIVATION FORMULA FOR VALUING THE COASTAL LAND VALUES IN MALAYSIA
title_full_unstemmed A COASTAL EROSION DERIVATION FORMULA FOR VALUING THE COASTAL LAND VALUES IN MALAYSIA
title_short A COASTAL EROSION DERIVATION FORMULA FOR VALUING THE COASTAL LAND VALUES IN MALAYSIA
title_sort coastal erosion derivation formula for valuing the coastal land values in malaysia
topic T Technology (General)
url http://eprints.uthm.edu.my/10568/1/J16430_a18adb487248a47b3a0d0e555397dc38.pdf
http://eprints.uthm.edu.my/10568/
url_provider http://eprints.uthm.edu.my/