A systematic review on the use of GIS in real estate valuation / Nur Izzati Ridzuan and Mohamad Haizam Mohamed Saraf

Property valuation is carried out manually, mostly documented in files. The manual process follows the sequence from obtaining the instruction from the client to property inspection and valuation. This manual procedure is energy exhausting, time consuming and costly for large areas with different types of properties. The culmination of new technologies improves data precision and effectiveness to which the Geographical Information System (GIS) comes into the picture of real estate valuation. Yet, less emphasis has been given on the use of GIS in real estate valuation. Hence, this study was set out to analyse the existing literature on the possible use of GIS in real estate valuation. The PRISMA review method had resulted in four main themes, they were data visualisation, price prediction model, mass valuation and cloud storage. For further research, these four themes could contribute in the development of a comprehensive integration between GIS and real estate valuation practice.