IDEAS home Printed from https://ideas.repec.org/a/taf/rseexx/v41y2017i1p55-72.html
   My bibliography  Save this article

The Impact of a Shopping Centre on the Value of Adjacent Residential Properties

Author

Listed:
  • M.C. Sale

Abstract

One of the most significant changes in the South African retail landscape over the past few decades is the increase in the number and size of retail shopping centres situated in, or close to, residential areas. These shopping centres have the potential to generate both positive and negative externalities which may, in turn, be capitalised into adjacent residential property prices. However, policy makers are still unsure as to the effect of commercial land uses such as shopping centres on surrounding property prices. This study sheds light on this issue by considering the effect of the Walmer Park Shopping Centre, situated in Nelson Mandela Bay, on surrounding residential property prices. The results of this study indicate that, in the case of the Walmer Park Shopping Centre, a positive impact is exerted on the property values of adjacent houses.

Suggested Citation

  • M.C. Sale, 2017. "The Impact of a Shopping Centre on the Value of Adjacent Residential Properties," Studies in Economics and Econometrics, Taylor & Francis Journals, vol. 41(1), pages 55-72, April.
    • Handle: RePEc:taf:rseexx:v:41:y:2017:i:1:p:55-72
    DOI: 10.1080/10800379.2017.12097308
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10800379.2017.12097308
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10800379.2017.12097308?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rseexx:v:41:y:2017:i:1:p:55-72. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rsee .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.