Framework development to identify the impact of green building attributes on rental value of commercial properties in Malaysia

Green office buildings offer maximum comfort using less energy to provide a conducive atmosphere for working which invariably encourage production. It provides adequate return on investment over a long period of time having a shorter payback time compared to non-green buildings. Researchers tried to...

Full description

Bibliographic Details
Main Authors: Kasim, Rozilah, Umar, Muhammad Akilu, Ishak, Mohd Hafizal, Ariffin, Khadijah Md
Format: Article
Published: American Scientific Publishers 2018
Subjects:
_version_ 1825710019643965440
author Kasim, Rozilah
Umar, Muhammad Akilu
Ishak, Mohd Hafizal
Ariffin, Khadijah Md
author_facet Kasim, Rozilah
Umar, Muhammad Akilu
Ishak, Mohd Hafizal
Ariffin, Khadijah Md
author_sort Kasim, Rozilah
collection UTHM
description Green office buildings offer maximum comfort using less energy to provide a conducive atmosphere for working which invariably encourage production. It provides adequate return on investment over a long period of time having a shorter payback time compared to non-green buildings. Researchers tried to establish the benefit and cost of maintenance of green building based on different parameters. However, this research reviewed different approaches on the issue of green building cost and benefits including building performance as it relates to supply and demand of green building, green building market value, cash flow and market competition. The inspiration for the development of such methodology arose from the need for measuring the impact of green building attributes on rental value of commercial properties in Malaysia. The paper discusses how the impact of green building attributes on rental value can be measured within the context of commercial properties in Malaysia. It further argues that critical assessment need to carried out to determine the attributes which significantly affect the rental value of commercial green buildings.
first_indexed 2024-03-05T21:51:15Z
format Article
id uthm.eprints-5412
institution Universiti Tun Hussein Onn Malaysia
last_indexed 2024-03-05T21:51:15Z
publishDate 2018
publisher American Scientific Publishers
record_format dspace
spelling uthm.eprints-54122022-01-09T06:56:26Z http://eprints.uthm.edu.my/5412/ Framework development to identify the impact of green building attributes on rental value of commercial properties in Malaysia Kasim, Rozilah Umar, Muhammad Akilu Ishak, Mohd Hafizal Ariffin, Khadijah Md T Technology (General) TD Environmental technology. Sanitary engineering TH Building construction Green office buildings offer maximum comfort using less energy to provide a conducive atmosphere for working which invariably encourage production. It provides adequate return on investment over a long period of time having a shorter payback time compared to non-green buildings. Researchers tried to establish the benefit and cost of maintenance of green building based on different parameters. However, this research reviewed different approaches on the issue of green building cost and benefits including building performance as it relates to supply and demand of green building, green building market value, cash flow and market competition. The inspiration for the development of such methodology arose from the need for measuring the impact of green building attributes on rental value of commercial properties in Malaysia. The paper discusses how the impact of green building attributes on rental value can be measured within the context of commercial properties in Malaysia. It further argues that critical assessment need to carried out to determine the attributes which significantly affect the rental value of commercial green buildings. American Scientific Publishers 2018 Article PeerReviewed Kasim, Rozilah and Umar, Muhammad Akilu and Ishak, Mohd Hafizal and Ariffin, Khadijah Md (2018) Framework development to identify the impact of green building attributes on rental value of commercial properties in Malaysia. Advanced Science Letters, 24 (5). pp. 3229-3233. ISSN 1936-6612 https://doi.org/10.1166/asl.2018.11348
spellingShingle T Technology (General)
TD Environmental technology. Sanitary engineering
TH Building construction
Kasim, Rozilah
Umar, Muhammad Akilu
Ishak, Mohd Hafizal
Ariffin, Khadijah Md
Framework development to identify the impact of green building attributes on rental value of commercial properties in Malaysia
title Framework development to identify the impact of green building attributes on rental value of commercial properties in Malaysia
title_full Framework development to identify the impact of green building attributes on rental value of commercial properties in Malaysia
title_fullStr Framework development to identify the impact of green building attributes on rental value of commercial properties in Malaysia
title_full_unstemmed Framework development to identify the impact of green building attributes on rental value of commercial properties in Malaysia
title_short Framework development to identify the impact of green building attributes on rental value of commercial properties in Malaysia
title_sort framework development to identify the impact of green building attributes on rental value of commercial properties in malaysia
topic T Technology (General)
TD Environmental technology. Sanitary engineering
TH Building construction
work_keys_str_mv AT kasimrozilah frameworkdevelopmenttoidentifytheimpactofgreenbuildingattributesonrentalvalueofcommercialpropertiesinmalaysia
AT umarmuhammadakilu frameworkdevelopmenttoidentifytheimpactofgreenbuildingattributesonrentalvalueofcommercialpropertiesinmalaysia
AT ishakmohdhafizal frameworkdevelopmenttoidentifytheimpactofgreenbuildingattributesonrentalvalueofcommercialpropertiesinmalaysia
AT ariffinkhadijahmd frameworkdevelopmenttoidentifytheimpactofgreenbuildingattributesonrentalvalueofcommercialpropertiesinmalaysia