Factors Determining the Purchase Decision of Green Residential Properties in Malaysia

Chuweni, Nor Nazihah; Saraf, Mohamad Haizam Mohamed; Fauzi, Nurul Sahida; Kasim, Asmma’ Che

doi:10.21837/pm.v20i21.1111

Cited by 4 publications

(2 citation statements)

References 19 publications

(23 reference statements)

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“…To compute the proportional samples, the populations of the selected informal settlements and their corresponding proportional sample sizes were rounded off to obtain resultant figures in whole numbers. These are Kurhula (117), Ma-Two Rooms (26), Dumpsite (4), Matshamahikani (15), Hluphekani (10), Near Agriculture (3), Burgersdorp (92), Gavaza (46), Mbambamencisi (78), Mohlaba Cros V2 (33), Mokgolobatho (95), Nkambako (35), Kuwait (21), Mapolakeng (20) and Dan (13).…”

Section: Methodsmentioning

confidence: 99%

“…The values of the RII were then transformed into five important/awareness levels as suggested by [44,45], and followed by recent studies [40][41][42][43]46]. These levels are high (H) (0.8 ≤ RI ≤ 1), high-medium (H-M) (0.6 ≤ RI ≤ 0.8), medium (M) (0.4 ≤ RI ≤ 0.6), medium-low (M-L) (0.2 ≤ RI ≤ 0.4) and low (L) (0 ≤ RI ≤ 0.2).…”

Section: Relative Importance Index (Rii) Analysismentioning

confidence: 99%

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Awareness Level of Spatial Planning Tools for Disaster Risk Reduction in Informal Settlements in Mopani District, South Africa

et al. 2023

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Disaster risks are becoming more prevalent in densely populated spaces such as informal settlements as a result of unplanned urbanisation. Several scholars ascribe this number of respondents who were not at all awarcondition to inadequate awareness of spatial planning tools among informal settlers, as these influence where and how they construct their buildings for disaster risk reduction. This study aimed at assessing the awareness level of spatial planning tools for disaster risk reduction in informal settlements in Mopani District, South Africa. A questionnaire was used to collect primary data from 608 households that were selected using stratified sampling. The Relative Importance Index which was transformed into five importance levels was used to assess the awareness level of spatial planning tools for disaster risk reduction. The study analysed the relationship between participant characteristics and awareness level using a t-test and an analysis of variance (ANOVA). The transformed relative importance index revealed that there is a moderate to low level of awareness of spatial planning tools for disaster risk reduction. A t-test and an ANOVA revealed significant differences in awareness levels of spatial planning tools between the sub-groups based on gender, education and income levels. The females, low-income earners and less educated have a lower awareness level of spatial planning tools for disaster risk reduction. The study recommends focusing on raising awareness of spatial planning tools for disaster risk reduction among the females, low-income earners and less educated to promote safe, healthy and liveable spaces in informal settlements.

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Section: Methodsmentioning

confidence: 99%

Section: Relative Importance Index (Rii) Analysismentioning

confidence: 99%

Awareness Level of Spatial Planning Tools for Disaster Risk Reduction in Informal Settlements in Mopani District, South Africa

et al. 2023

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What motivates the Malaysian homebuyers to go green?

Chuweni,

Saraf,

Fauzi

et al. 2023

Xvii Mexican Symposium on Medical Physics

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Assessing the effect of housing attributes and green certification on Malaysian house price

Chuweni,

Fauzi,

Che Kasim

et al. 2024

IJHMA

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Purpose Sustainability represents innovative elements in determining the profitability of real estate investments, among other factors, including the green component in real estate. Evidence from the literature has pointed out that incorporating green features into residential buildings can reduce operational costs and increase the building’s value. Although green real estate is considered the future trend of choice, it is still being determined whether prospective buyers are willing to accept the extra cost of green residential investment. Therefore, this study aims to investigate the effect of housing attributes and green certification on residential real estate prices. Design/methodology/approach The impact of the housing attribute and green certification in the residential sectors was assessed using a transaction data set comprising approximately 861 residential units sold in Selangor, Malaysia, between 2014 and 2022. Linear and quantile regression were used in this study by using SPSS software for a robust result. Findings The findings indicate that the market price of residential properties in Malaysia is influenced by housing attributes, transaction types and Green Building Index certification. The empirical evidence from this study suggests that green certification significantly affects the sales price of residential properties in Malaysia. The findings of this research will help investors identify measurable factors that affect the transaction prices of green-certified residential real estate. These identifications will facilitate the development of strategic plans aimed at achieving sustainable rates of return in the sustainable residential real estate market. Practical implications Specifically, this research will contribute to achieving area 4 of the 11th Malaysia Plan, which pertains to pursuing green growth for sustainability and resilience. This will be achieved by enhancing awareness among investors and homebuyers regarding the importance of green residential buildings in contributing to the environment, the economy and society. Originality/value The regression model for housing attributes and green certification on house price developed in this study could offer valuable benefits to support and advance Malaysia in realising its medium and long-term goals for green technology.

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Factors Determining the Purchase Decision of Green Residential Properties in Malaysia

Cited by 4 publications

References 19 publications

Awareness Level of Spatial Planning Tools for Disaster Risk Reduction in Informal Settlements in Mopani District, South Africa

Awareness Level of Spatial Planning Tools for Disaster Risk Reduction in Informal Settlements in Mopani District, South Africa

What motivates the Malaysian homebuyers to go green?

Assessing the effect of housing attributes and green certification on Malaysian house price

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