Depreciation between Conventional and Green Office Buildings

Rodi, Wan Norhishamuddin Wan; Hwa, Ting Kien; Mahamood, Nur Medeena; Said, Ahmad Shahrin; Abdullah, Mohd Isa

doi:10.1016/s2212-5671(15)01154-5

Cited by 5 publications

(2 citation statements)

References 7 publications

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“…Within this framework, it covers every aspect of green building attributes that might influence the market value of a building. Green building status certified by GBI has shown to be a significant factor influencing the rate of depreciation for an office building in Kuala Lumpur apart from the building age factor [37]. Based on the literature review and reference to the GBI framework, the study has developed the green building attributes that may influence the rental depreciation for an office building in Malaysia.…”

Section: Attributes Of Green Buildings Affecting Rental Depreciationmentioning

confidence: 99%

Prioritizing Green Building Attributes on Conventional Office Building Rental Depreciation Using Analytic Hierarchy Process (AHP)

et al. 2022

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This paper explores the green building attributes that significantly influenced rental depreciation for conventional buildings from expert perspectives using Malaysia as a case study. The objectives of this study include: (1) identifying the green building attributes for rental depreciation and (2) prioritizing the green attributes via the Analytic Hierarchy Process (AHP) technique. To achieve these objectives, firstly the study identified the green building attributes from the literature and from green building guidelines. The attributes were then validated by expert valuers via a semi-structured interview. Secondly, the attributes were utilized to develop the AHP-designed questionnaire and used to gather feedback from real estate experts. Ten (10) responses were analyzed using the descriptive and AHP techniques. This study has identified the rank of prioritized green building attributes, where the findings suggest the central role of indoor environment quality (EQ), where it ranked the highest in contributing to conventional purpose-built office (PBO) rental depreciation, followed by energy efficiency (EE), green site planning and management (SM), materials and resources (MR), innovation (IN), and water efficiency (WE). The findings allow researchers and practitioners to create strategies for reducing the impact of conventional building rental depreciation and obsolescence due to green building attributes.

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Section: Attributes Of Green Buildings Affecting Rental Depreciationmentioning

confidence: 99%

Prioritizing Green Building Attributes on Conventional Office Building Rental Depreciation Using Analytic Hierarchy Process (AHP)

et al. 2022

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“…An ecologic character also has a [15] study, where authors have found out that while the building age plays an important role to the rental depreciation, other factors such as building categories and building classifications in regards to green building certification may also influence the depreciation rate of office buildings.…”

Section: Introductionmentioning

confidence: 99%

Development and Trends of Depreciation Policy in Slovak Republic

Poliaková

2021

SHS Web of Conf.

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Research background: Depreciation as such represents a significant component of business costs. It is known that in the current legislation in the Slovak Republic there was no depreciation in the depreciation group with a depreciation period of 2 years. As part of increasing the motivation of the business sector to procure low-emission or emission-free transport, an amendment to the Income Tax Act was adopted with effect from the beginning of 2020, which introduces a new depreciation group 0 and favours the depreciation of electric vehicles. The newly introduced depreciation group zero has a strong ecological subtext. Purpose of the article: The article deals with the development of depreciation policy in the conditions of the Slovak Republic, compares the current situation with the situation in the Czech Republic and on the example of practical calculations of depreciation. The aim of the paper is to compare current trends in depreciation policies in the context of supporting the greening of transport. Methods: We used methods of analysis and comparing. Findings & Value added: Based on an extensive analysis, the article maps the most significant changes in the depreciation policy. Within the historical development of today’s tax depreciation, several trends are manifesting that are favourable for the business environment. The depreciation policy in the Czech Republic has not undergone such extensive changes as in Slovakia, where the most recent change in the recent period is the introduction of a depreciation group with a depreciation period of 2 years.

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