A model structure of sustainability aspects for green commercial office property valuation

dc.contributor.authorJasimin, Tuti Haryati
dc.date.accessioned2023-08-14T02:39:25Z
dc.date.available2023-08-14T02:39:25Z
dc.date.issued2016
dc.descriptionThesis (PhD. (Real Estate))
dc.description.abstractSustainability principle consists of environmental, social and economic aspects were recognized globally as among the factors that are affecting the green commercial office property and potentially its value of which valuers should be aware of. However, there is a lack of consideration to the potential impacts of the underlying sustainability principle to the market value of green commercial office property in Malaysia. There is a lack of data into sales and lease transactions for green commercial office buildings that exhibit green features. In Malaysia, there is also a lack of research yet to be conducted and be practiced that look into sustainability aspects. The main objective of this study is to develop a structural model of sustainability aspects for the purpose of property valuation from a Malaysian context. The research methods involved the clarification of the problems, objectives, theoretical, and empirical research through quantitative means by conducting survey to the occupants of green commercial office buildings. The results from the quantitative study were then validated by real estate experts through a focus group discussion (FGD). This study employed Structural Equation Modelling (SEM) analysis using the Analysis of Moments Structures (AMOS) software in the quantitative study and ATLAS.ti software in analyzing the qualitative data. The proposed structural model was beneficial to the valuation industry. It provides valuable information on factors and attributes of green commercial office property that are impacting the value, which the valuer should consider in the valuation process. The findings suggest that the most significant identified factors to be taken into valuation consideration for each aspect were locational, occupants' satisfaction and well-being, and also rental growth. All factors and attributes that are exhibited in the model were identified as significantly correlated to each other
dc.description.sponsorshipFaculty of Geoinformation and Real Estate
dc.identifier.urihttp://openscience.utm.my/handle/123456789/575
dc.language.isoen
dc.publisherUniversiti Teknologi Malaysia
dc.subjectSustainable buildings
dc.subjectSustainable buildings--Design and construction
dc.subjectSustainable construction
dc.titleA model structure of sustainability aspects for green commercial office property valuation
dc.typeThesis
dc.typeDataset
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