Valuers\' Perceptions on the Value of PropertiesLocated Proximate to Transmission Lines.
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The perception regarding the value of property located proximate to transmission lines is believed to change dramatically due to recent articles in daily press. It is agreed that transmission lines imposed a significant negative impact on the desirability, hence the value of the property adjacent to it. A study was conducted in Klang Valley to prove it or otherwise. The types of properties covered in this paper are landed properties commercial, industrial, and residential. The findings showed that features like visual unattractiveness, increases of public awareness, long-term health problem (stigma), unsafe, disturbing sound, and electrical equipment interference contribute to the loss of value. In-term of percentage, commercial properties are highly declined, while residential properties are the least. There is more awareness towards the relationship between transmission lines and property values, although there is not much local publication on the matter.
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