This study examined the impact of water bodies with a scenic view on residential property values around Diyawannawa lake located within Sri Jayewardenepura Kotte Municipal council (a suburban area of Colombo district). The study employed both primary (structural and environmental data related to properties, different types of benefits generated from waterbodies) and secondary data (market evidence) whilst the data analysis included content analysis and a regression analysis (hedonic pricing model). Water bodies with scenic views generate multiple utilities for residents such as observing nature, relaxation, and playing, pleasant views, appreciation of colour and sounds, relationships with family members and neighbors, a place to exercise and cycling, stress relief likewise. According to the study, between 2019-2020, a residential property with a scenic view of 600 or more to Diyawannawa Lake had a premium market value of Rs. 803,433.05 compared to other properties. Furthermore, the residential properties one meter away from such water body showed a decrease in market value of Rs. 23049.65. These findings will raise awareness on the benefits of water bodies with scenic views and it will lead to greater acceptance by residents, developers, local authorities to invest and protect them, which could contribute to overcoming one of the barriers to maintaining such water bodies in good condition.
Keywords: water bodies; residential property; market value
Case reportA previously healthy, 12 year old girl presented with abdominal pain, exertional dyspnoea and heavy menstrual bleeding with clots for fifteen days. There were no other bleeding manifestations. She was the third child of healthy nonconsanguineous parents with two healthy siblings. Since she attained menarche two months prior to admission, she had monthly periods which lasted two weeks. Her development was age appropriate with average school performance. Her height was 134 cm (0.4 th -2 nd centile), weight 38 kg and body mass index (BMI) 21.2 kg/m 2 (85 th -95 th centile). Her height was within mid-parental height range. She had a nonverbal IQ of 121. She was pale without any features of heart failure.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.