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The impact of urban arterial cross section on abutting property values and rents : The case of Riyadh, Saudi Arabia

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  • Alskait, Khalid
  • McDonald, Michael
  • Hassounah, Mazen

Abstract

There are claims that service roads (frontage roads) reduce the rent and value of adjacent commercial properties. Using Riyadh, the Capital of Saudi Arabia, as a case study, this research has found no statistically significant relationship between the presence of service roads and land values and shop rents.

Suggested Citation

  • Alskait, Khalid & McDonald, Michael & Hassounah, Mazen, 1997. "The impact of urban arterial cross section on abutting property values and rents : The case of Riyadh, Saudi Arabia," Transport Policy, Elsevier, vol. 4(1), pages 49-56, January.
    • Handle: RePEc:eee:trapol:v:4:y:1997:i:1:p:49-56
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    References listed on IDEAS

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    1. McDonald, John F. & Osuji, Clifford I., 1995. "The effect of anticipated transportation improvement on residential land values," Regional Science and Urban Economics, Elsevier, vol. 25(3), pages 261-278, June.
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    3. Sandahl, Janne & Lindh, Christer, 1995. "Impact of improving the attractiveness of town centres," Transport Policy, Elsevier, vol. 2(1), pages 51-56, January.
    4. Waddell, Paul & Berry, Brian J L & Hoch, Irving, 1993. "Residential Property Values in a Multinodal Urban Area: New Evidence on the Implicit Price of Location," The Journal of Real Estate Finance and Economics, Springer, vol. 7(2), pages 117-141, September.
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