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Assessing the Impact of Economic Growth, Infrastructure Development, and Green Financing on Real Estate Sustainability: A Longitudinal Analysis of SDG11(Smart Cities)

Author

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  • Sani Inusa Milala

    (Faculty of technology Management and Business, Department of Real Estate and Facilities Management, Universiti Tun Hussein Onn Malaysia, 86400, Parit Raja batu Pahat, Johor Malaysia)

  • Khadijah Binti Md Ariffin

    (Faculty of technology Management and Business, Department of Real Estate and Facilities Management, Universiti Tun Hussein Onn Malaysia, 86400, Parit Raja batu Pahat, Johor Malaysia)

Abstract

The sustainability of real estate markets is increasingly influenced by economic growth, infrastructure development, and green financing. However, the extent to which these factors drive long-term property valuation and urban resilience remains underexplored. Rising inflation, unemployment, and economic volatility pose challenges to sustainable real estate investment, necessitating a deeper understanding of their implications. As smart cities emerge globally, integrating economic and sustainability indicators into real estate valuation is critical for informed policymaking. This study bridges the gap by analyzing key economic and environmental sustainability metrics to assess their impact on real estate markets over time.This study aims to examine the relationships between economic indicators, infrastructure expansion, and sustainable real estate practices, identifying the key drivers that enhance property valuation and urban resilience. A longitudinal analysis was conducted using regression modeling on time-series data of economic and sustainability indicators, including GDP, inflation, unemployment, manufacturing value added, all-season roads, research and development (R&D) investment, green mortgages, and green certifications. The findings indicate significant positive trends in Manufacturing Value Added (R² = 0.991, p

Suggested Citation

  • Sani Inusa Milala & Khadijah Binti Md Ariffin, 2025. "Assessing the Impact of Economic Growth, Infrastructure Development, and Green Financing on Real Estate Sustainability: A Longitudinal Analysis of SDG11(Smart Cities)," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(4), pages 1-11, April.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-4:p:1-11
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    References listed on IDEAS

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