1# RECORD 091daf52f691cf6da58132074ea8b6d01ad324742# TITLE: DOES RAIL TRANSPORT IMPACT HOUSE PRICES AND RENTS?3# YEAR: 2021.0 VENUE: PLANNING MALAYSIA DOI: 10.21837/pm.v19i16.9594# AUTHORS: Nursyazwani Abdullah Suhaimi; Nurul Hana Adi Maimun; Nurul Fazira Sa’at5# PAGES: 9 CANDIDATE TABLE PAGES (1-based): []6# 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.789===== PAGE 1 (score 7, numeric-paren 0, table-words 0, var-words 7) =====1011 12 13 142 Lecturer at Universiti Teknologi Malaysia. Email: nurulhana@utm.my 15PLANNING MALAYSIA: 16Journal of the Malaysian Institute of Planners 17VOLUME 19 ISSUE 2 (2021), Page 141 – 149 18DOES RAIL TRANSPORT IMPACT HOUSE PRICES AND 19RENTS? 20 21Nursyazwani Abdullah Suhaimi1, Nurul Hana Adi Maimun2 & Nurul 22Fazira Sa’at3 23 241,3 Department of Real Estate, Faculty of Built Environment and Surveying 252 Centre for Real Estate Studies, Institute for Smart Infrastructure and 26Innovative Construction 27UNIVERSITI TEKNOLOGI MALAYSIA 28 29 30Abstract 31 32Rail transport is one of the factors that boost economic growth. Increased 33accessibility while saving travel costs and time offered by rail transport attracts 34foreign and local investments, which lead to increased house prices and rents. 35Nonetheless, it is argued that noise pollution coming from rail transport may also 36reduce house prices and rents because these areas are less desirable for occupation 37and investment. Hence, this research aims to establish rail transport’s impact on 38house prices and rents through a critical review of the literature. An overview of 39previous studies shows that house prices and rents are significantly influenced by 40proximity to rail transports. This indicates that proximity to rail transports is 41accounted for when making house purchase and rent decisions. Thus, property 42valuers, planners, and developers should consider rail transport location in 43planning, developing, and valuing properties. 44 45 46Keywords: Rail transports; House prices; House rents 47 48