•Examines the timing of the increases in land value on residential housing following the delivery of the Light Rail Transit (LRT) system.•Addresses the questions for policy and practice around the timing, shape and conditions for increases in land value or value uplift.•Use a Difference-in-Differences model to show impacts for properties in catchment areas versus those in control areas across time.•The results show property prices in the catchment areas start to increase after announcement.•The highest increment of increase has been found after solid financial commitment is made by government.
Land Use Policy – Elsevier
Published: Apr 1, 2018
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