Universiti Teknologi Malaysia Institutional Repository

Sustainability or bust: Malaysian home buyers' stated preferences for sus-tainable housing

Syahid, A. and Tareq, M. A. and Zaki, S. A. (2016) Sustainability or bust: Malaysian home buyers' stated preferences for sus-tainable housing. In: 2016 3rd International Conference on Industrial Engineering and Applications, ICIEA 2016, 28 April 2016 through 30 April 2016, Hong Kong.

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Abstract

The lack of data on sustainable home buying behaviour in developing countries such as Malaysia is due to the absence of sustainable housing itself. However, it is still possible to solicit home buyers for their stated preferences and quantify its effects on housing demand. In this study, a sample of 300 responses to a Discrete Choice Experiment (DCE) on sustainable housing features was analysed using the "support.CEs" program. This study found that the addition of sustainable features; renewable energy generation, enhanced soundproofing and ventilation, energy saving features, and higher green area ratios significantly increase home buyer's willingness to pay (WTP) for sustainable housing.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:Developing countries, Energy conservation, Renewable energy resources, Sales, Sustainable development
Subjects:T Technology > T Technology (General)
Divisions:Malaysia-Japan International Institute of Technology
ID Code:73106
Deposited By: Muhammad Atiff Mahussain
Deposited On:29 Nov 2017 23:58
Last Modified:29 Nov 2017 23:58

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