Access the full text.
Sign up today, get DeepDyve free for 14 days.
C. Leishman, Greg Costello, Steven Rowley, Craig Watkins (2013)
The Predictive Performance of Multilevel Models of Housing Sub-markets: A Comparative AnalysisUrban Studies, 50
E. Casetti (2010)
Generating Models by the Expansion Method: Applications to Geographical Research*Geographical Analysis, 4
D. Banister, Y. Berechman (2001)
Transport investment and the promotion of economic growthJournal of Transport Geography, 9
L. Tyrväinen, A. Miettinen (2000)
Property Prices and Urban Forest AmenitiesJournal of Environmental Economics and Management, 39
A. Nelson (1992)
EFFECTS OF ELEVATED HEAVY-RAIL TRANSIT STATIONS ON HOUSE PRICES WITH RESPECT TO NEIGHBORHOOD INCOMETransportation Research Record
E. Delmelle, Michael Duncan, N. Carolina. (2012)
The impact of a new light rail system on single-family property values in Charlotte,
Daniel *, Felipe Targa (2004)
Value of accessibility to Bogotá's bus rapid transit systemTransport Reviews, 24
(2009)
Transport Policy Institute
S. O’sullivan, J. Morrall (1996)
Walking Distances to and from Light-Rail Transit StationsTransportation Research Record, 1538
Daniel Griffith, L. Anselin (1988)
Spatial Econometrics: Methods and Models
H. Du, Corinne Mulley (2012)
Understanding Spatial Variations in the Impact of Accessibility on Land Value Using Geographically Weighted RegressionJournal of Transport and Land Use, 5
Kent Willis, G. Garrod (1992)
Amenity value of forests in Great Britain and its impact on the internal rate of return from forestryForestry, 65
(1972)
Urban economics. Illinois: Scott
Jeffery Smith, T. Gihring (2006)
Financing Transit Systems through Value Capture: An Annotated BibliographyThe American Journal of Economics and Sociology, 65
(1997)
Land value assessment near bus transit facilities: a case study of selected transit centres in Houston. Texas: Southwest Region
J. Mohamad (2007)
The Rise of the Private Car in Kuala Lumpur:Assessing the Policy Options.
(2000)
Property market scoping report
J Landis, S Guhathakurta, W Huang, M Zhang (1995)
Rail transit investments, real estate values and land use change: A comparative analysis of five California rail transit systems. UCTC working paper No. 285
Armstrong, J. Robert (1994)
IMPACTS OF COMMUTER RAIL SERVICE AS REFLECTED IN SINGLE-FAMILY RESIDENTIAL PROPERTY VALUESTransportation Research Record
ES Mills (1972)
Urban economics
(2014)
Accessibility and land value uplift : identifying spatial variations in the accessibility impacts of a bus transitway
(2000)
The local housing submarket structure and its properties
R Cervero, M Duncan (2002)
Land value impacts of rail transit services in Los Angeles County. Report prepared for the Urban Land Institute
J. Landis, S. Guhathakurta, William Huang, Ming Zhang (1995)
Rail Transit Investments, Real Estate Values, and Land Use Change: A Comparative Analysis of Five California Rail Transit Systems
(1996)
House price changes in greater Manchester 1990–1993 and the impact of metro link
Hong Chen, A. Rufolo, K. Dueker (1997)
Measuring the Impact of Light Rail Systems on Single Family Home Values: A Hedonic Approach with GIS Application
John Benjamin, G. Sirmans (1997)
Mass Transportation, Apartment Rent and Property ValuesJournal of Real Estate Research, 12
J. Mennis (2006)
Mapping the Results of Geographically Weighted RegressionThe Cartographic Journal, 43
R. Crespo, A. Grêt-Regamey (2013)
Local Hedonic House-Price Modelling for Urban Planners: Advantages of Using Local Regression TechniquesEnvironment and Planning B: Planning and Design, 40
C. Brunsdon, Download Here, David Mermin (2002)
Geographically Weighted Regression: The Analysis of Spatially Varying Relationships
ML Cropper, LB Deck, KE McConnell (1988)
On the choice of functional form for hedonic price functionsThe Review of Economics and Statistics, 70
GJ Knapp, C Ding, LD Hopkins (2001)
Do plans matter? The effects of light rail plans on land values in station areasJournal of Planning Education and Research, 21
H. Weisberg, H. Goldstein (1988)
Multilevel Models in Educational and Social Research.Journal of the American Statistical Association, 84
E. Krabben, B. Needham (2008)
Land readjustment for value capturing: A new planning tool for urban redevelopmentTown Planning Review, 79
A. Fotheringham, M. Charlton, C. Brunsdon (1998)
Geographically Weighted Regression: A Natural Evolution of the Expansion Method for Spatial Data AnalysisEnvironment and Planning A, 30
(2001)
The Effects of Light Rail Plans on Land Values in Station Areas
R. Diaz (1999)
IMPACTS OF RAIL TRANSIT ON PROPERTY VALUES
(1993)
A multilevel analysis of the variations in domestic property prices
R. Kirwan (1966)
Location and Land Use: Toward a General Theory of Land RentUrban Studies
R. Voith (1991)
TRANSPORTATION, SORTING AND HOUSE VALUESReal Estate Economics, 19
Raymond Palmquist (1984)
Estimating the Demand for the Characteristics of HousingThe Review of Economics and Statistics, 66
D. Hess, Tangerine Almeida (2007)
Impact of Proximity to Light Rail Rapid Transit on Station-area Property Values in Buffalo, New YorkUrban Studies, 44
J. Henneberry (1998)
Transport investment and house pricesJournal of Property Valuation and Investment, 16
C Brunsdon, AS Fotheringham, M Charlton (1996)
Geographically weighted regression: a method for exploring spatial non-stationarityGeographical Analysis, 28
C. Hewitt, W. Hewitt (2012)
The Effect of Proximity to Urban Rail on Housing Prices in OttawaThe Journal of Public Transportation, 15
K. Jones, Nina Bullen (1994)
Contextual Models of Urban House Prices: A Comparison of Fixed- and Random-Coefficient Models Developed by ExpansionEconomic Geography, 70
S. Orford (1999)
Valuing the Built Environment: GIS and House Price Analysis
S. Lewis-Workman, D. Brod (1997)
Measuring the Neighborhood Benefits of Rail Transit AccessibilityTransportation Research Record, 1576
M. Cropper, Leland Deck, Kenenth McConnell (2008)
You have printed the following article : On the Choice of Functional Form for Hedonic Price Functions
(2002)
Land value impacts of rail transit services in Los Angeles County
S Yan, E Delmelle, M Duncan (2012)
The impact of a new light rail system on single-family property values in charlotte, North CarolinaJournal of Transport and Land Use, 5
PLC Chesterton (2000)
Property market scoping report. Prepared for the jubilee line extension impact study unit. Impact study unit
RE Goodwin, CA Lewis (1997)
Land value assessment near bus transit facilities: a case study of selected transit centres in Houston
(2012)
Land value capture for transport accessibility : a review
R. Cervero, Christopher Ferrell, Steven Murphy (2002)
TRANSIT-ORIENTED DEVELOPMENT AND JOINT DEVELOPMENT IN THE UNITED STATES: A LITERATURE REVIEW
S. Ryan (1999)
Property Values and Transportation Facilities: Finding the Transportation-Land Use ConnectionJournal of Planning Literature, 13
R Voith (1991)
Transportation, sorting and house valuesAmerican Real Estate and Urban Economics Association Journal, 19
L. Redman, M. Friman, T. Gärling, T. Hartig (2013)
Quality attributes of public transport that attract car users : A research reviewTransport Policy, 25
K. Dueker, M. Bianco, D. Washington
Preprint Title: Light Rail Transit Impacts in Portland: the First Ten Years
H. Akaike (1973)
Information Theory and an Extension of the Maximum Likelihood Principle, 1
W. Barker (1998)
BUS SERVICE AND REAL ESTATE VALUES
KJ Dueker, MJ Bianco (1999)
Light rail transit impacts in Portland: The first ten yearsTransportation Research Record, 1685
K Jones, N Bullen (1993)
A multilevel analysis of the variations in domestic property prices: Southern England 1980–1987Urban Studies, 30
M. Boarnet, Saksith Chalermpong (2001)
New highways, house prices, and Urban development: A case study of toll roads in orange county, CaHousing Policy Debate, 12
R. Untermann (1984)
ACCOMMODATING THE PEDESTRIAN: ADAPTING TOWNS AND NEIGHBOURHOODS FOR WALKING AND BICYCLING
S Lewis-Workman, D Brod (1997)
Measuring the neighbourhood benefits of rail transit accessibility. Report no. 97–1371
H. Du, Corinne Mulley (2006)
Relationship Between Transport Accessibility and Land Value: Local Model Approach with Geographically Weighted RegressionTransportation Research Record, 1977
S. Czamanski, R. Muth (1970)
Cities and Housing.Journal of the American Statistical Association, 65
(2006)
The impact of railway stations on residential and commercial property value : An empirical analysis of the Dutch housing markets
(1993)
The impact of the Miami metro rail on the value of residences near station locations
This study assesses the effect of light rail transit system (LRT) on residential property values in Greater Kuala Lumpur, Malaysia, where traffic congestion has been a major issue since the mid 1990s. A relatively new technique namely Geographically Weighted Regression (GWR) is employed to estimate the increased value of land in the form of residential property values as a result of improved accessibility owing to the construction of the LRT systems. Using the Kelana Jaya LRT Line, located in Greater Kuala Lumpur, Malaysia as a case study, this paper reveals that the improvement of accessibility to employment and other amenities provided by the LRT system added premiums on residential property values but with spatial variation over geographical area indicates that the existence of the LRT systems may have a positive effect on residential property values in some areas but negative in others. The use of the GWR in this study is identified as a better approach to investigate the effect of the LRT system on residential property values since it has the capability to produce meaningful results by revealing spatially varying relationship.
Applied Spatial Analysis and Policy – Springer Journals
Published: Aug 28, 2014
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.