Rental value determination of temporary easement valuation for construction site.

In Malaysia, the easement valuation is less awareness part of real estate valuation. Easement valuation has become a big problem because there are only has vague compensation guidelines in literature and there are lack of guidelines and less discussion in Malaysia Valuation Standard (MVS) year 2019. This paper aims to evaluate the role of mediators (market data, easement knowledge and regulation strict) on the influential factors to rental value determination of temporary easement valuation. To meet this objective, there was thirteen hypotheses were included to test the relationship between influential factors (factor location, physical attributes, condition of easement, economic and market condition), challenges of appraiser and rental value determination of temporary easement valuation. In this paper, the research method used quantitative approach which is questionnaire consisting of three sections with a five-point likert scale. A total of 38 respondents from both private and government sectors participated in this study. The data analysis was conducted using software Statistical Package for Social Science (SPSS). The findings of the descriptive analysis including frequency analysis and mediation analysis support variables in their hypothesized relationships with a rental value. The results show that there is no mediation between location factor and rental value determination of temporary easement. The results also show that challenges of appraiser fully mediate the relationship between others factors (physical attributes, condition of easement, economic and market condition) and rental value determination of temporary easement valuation. [ABSTRACT FROM AUTHOR]