Abstract
Due to the decline of transport through canals, many canals have been reclaimed or converted in to underdrains. Considering such a situation, this research tries to quantify the currency values of canals, based on the view that they are still valuable as the base for improving the urban environment.
The research verified that the inherent environmental value of some canals is latent, because their surroundings have been left as they are, but that the canal-involved environment will have a high value, if appropriate investments are made. These results indicate the necessity of launching surrounding environment/land utilization plans based on the environmental values of canals.
