Several articles have theoretically and empirically verified favorable changes in the value (per square meter) of properties near urban mass transit infrastructure. The main purpose of this study was to demonstrate this effect under an unbiased specification using Geographical Information...

In this paper we investigate the effects of new railway stations on house prices using an extensive repeated sales dataset over a period of 13 years. We employ semiparametric panel data techniques allowing for anticipation effects of station openings. We show that a kilometre reduction in...

This paper develops a framework for predicting impact of urban railway network extensions on property prices. Impact of market potential and access to employment is assessed within a hedonic model environment employing potentiality variables and highly disaggregated data. Based on empirical...

We examine effects of urban passenger rail upgrades to Auckland's Western Line. The upgrades, and associated urban renewal projects, were announced in mid-2005. International experience indicates that the anticipated benefits of the upgrades should be factored into people's location and pricing...

This paper investigates the hypothesis that houses located in proximity of limited-access roadways exhibit a resilience to price decline during and after exogenous market downturns. Using a quasi-experimental design, we look for empirical evidence of price differentials before, during, and after...

Financial losses due to low demand for parking spaces in garages at residential estates is a key motivation for this research. The purpose of this paper in particular is to statistically explore the relationship between parking occupancy rates and various factors on transport supply,...

Transport infrastructure is paraphernalia that helps in curtailing urban sprawl in municipal cities and it also lessens traffic overcrowding and air effluence. It equally promotes high-density development in addition to more affordable accommodation all over developed countries. This article...

This study examines the impacts of the Guangzhou–Shenzhen–Hong Kong Express Rail Link on residential property prices in West Kowloon, in which the terminus and only station of the Hong Kong section of the high-speed rail link is located. The express rail is characterised as being a link...

China is experiencing rapid urbanization. Its capital city, Beijing, experienced a 53 percent increase in population from 2001 to 2013. To address traffic congestion and air pollution, two of the most pressing urban challenges, Beijing has been investing heavily in transportation infrastructure....

This study investigates the spatial impact of urban transit systems on housing prices with a focus on three Chinese metropolitan areas -- Guangzhou, Wuhan and Chengdu. Based on a dataset of 7,348 housing properties located in 14 cities, a spatial hedonic modeling approach is adopted to assess...