# RECORD 091daf52f691cf6da58132074ea8b6d01ad32474 # TITLE: DOES RAIL TRANSPORT IMPACT HOUSE PRICES AND RENTS? # YEAR: 2021.0 VENUE: PLANNING MALAYSIA DOI: 10.21837/pm.v19i16.959 # AUTHORS: Nursyazwani Abdullah Suhaimi; Nurul Hana Adi Maimun; Nurul Fazira Sa’at # PAGES: 9 CANDIDATE TABLE PAGES (1-based): [] # ABSTRACT: Rail transport is one of the factors that boost economic growth. Increased accessibility while saving travel costs and time offered by rail transport attracts foreign and local investments, which lead to increased house prices and rents. Nonetheless, it is argued that noise pollution coming from rail transport may also reduce house prices and rents because these areas are less desirable for occupation and investment. Hence, this research aims to establish rail transport’s impact on house prices and rents through a critical review of the literature. An overview of previous studies shows that house prices and rents are significantly influenced by proximity to rail transports. This indicates that proximity to rail transports is accounted for when making house purchase and rent decisions. Thus, property valuers, planners, and developers should consider rail transport location in planning, developing, and valuing properties. ===== PAGE 1 (score 7, numeric-paren 0, table-words 0, var-words 7) ===== 2 Lecturer at Universiti Teknologi Malaysia. Email: nurulhana@utm.my PLANNING MALAYSIA: Journal of the Malaysian Institute of Planners VOLUME 19 ISSUE 2 (2021), Page 141 – 149 DOES RAIL TRANSPORT IMPACT HOUSE PRICES AND RENTS? Nursyazwani Abdullah Suhaimi1, Nurul Hana Adi Maimun2 & Nurul Fazira Sa’at3 1,3 Department of Real Estate, Faculty of Built Environment and Surveying 2 Centre for Real Estate Studies, Institute for Smart Infrastructure and Innovative Construction UNIVERSITI TEKNOLOGI MALAYSIA Abstract Rail transport is one of the factors that boost economic growth. Increased accessibility while saving travel costs and time offered by rail transport attracts foreign and local investments, which lead to increased house prices and rents. Nonetheless, it is argued that noise pollution coming from rail transport may also reduce house prices and rents because these areas are less desirable for occupation and investment. Hence, this research aims to establish rail transport’s impact on house prices and rents through a critical review of the literature. An overview of previous studies shows that house prices and rents are significantly influenced by proximity to rail transports. This indicates that proximity to rail transports is accounted for when making house purchase and rent decisions. Thus, property valuers, planners, and developers should consider rail transport location in planning, developing, and valuing properties. Keywords: Rail transports; House prices; House rents