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The Significance of Sustainability Practices by the Malaysian Property Sector

Author

Listed:
  • Graeme Newell

    (School of Economics and Finance, University of Western Sydney, Sydney, Australia)

  • Zaharah Manaf

    (Department of Construction and Real Estate Management, Universiti Tun Hussein Onn Malaysia, Johor Bahru, Malaysia)

Abstract

Sustainability has taken on increased significance in recent years, with ‘green buildings’ becoming increasingly important to tenants, owners and property developers. The purpose of this paper is to assess the implementation of sustainable property practices by property companies in Malaysia. This will be assessed by reviewing the annual reports and websites of the listed property companies in Malaysia to assess a range of sustainability criteria to determine the significance of sustainability practices in their property development activities. Some of Malaysian property companies are seen to be leading the sustainable property agenda, although the overall property company sector in Malaysia has room for improvement to align more fully with international best practice in sustainability.

Suggested Citation

  • Graeme Newell & Zaharah Manaf, 2008. "The Significance of Sustainability Practices by the Malaysian Property Sector," Local Economy, London South Bank University, vol. 23(3), pages 152-167, August.
    • Handle: RePEc:sae:loceco:v:23:y:2008:i:3:p:152-167
    DOI: 10.1080/02690940802197242
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    References listed on IDEAS

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    1. Louise Ellison & Sarah Sayce & Judy Smith, 2007. "Socially Responsible Property Investment: Quantifying the Relationship between Sustainability and Investment Property Worth," Journal of Property Research, Taylor & Francis Journals, vol. 24(3), pages 191-219, September.
    2. Sarah Sayce & Louise Ellison & Judy Smith, 2004. "Incorporating Sustainability in Commercial Property Appraisal. Evidence from the UK," ERES eres2004_204, European Real Estate Society (ERES).
    Full references (including those not matched with items on IDEAS)

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