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Green Apartments in Nanjing China: Do Developers and Planners Understand the Valuation by Residents?

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  • Hong Hu
  • Stan Geertman
  • Pieter Hooimeijer

Abstract

The Chinese government promotes green construction as part of the strategy to reduce energy consumption. In practice, green construction can be impeded because various stakeholders valuate green attributes in different ways. This paper uses the analytic hierarchy process to analyse the extent to which developers and planners understand the valuation of green apartment attributes by residents in Nanjing. Results show that buyers of green apartments rank green attributes lower than safety and accessibility, and rank healthy construction materials and comfort much higher than thermal isolation or reduced energy costs. Green developers tend to focus on aspects that define their margin, such as green attributes and locational benefits and overlook the social needs, which are not addressed in building codes and not under their control. They have better understanding of green residents' priorities with health issues; planners are more familiar with the social needs of residents and lack green marketing knowledge.

Suggested Citation

  • Hong Hu & Stan Geertman & Pieter Hooimeijer, 2014. "Green Apartments in Nanjing China: Do Developers and Planners Understand the Valuation by Residents?," Housing Studies, Taylor & Francis Journals, vol. 29(1), pages 26-43, January.
    • Handle: RePEc:taf:chosxx:v:29:y:2014:i:1:p:26-43
    DOI: 10.1080/02673037.2014.848268
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    References listed on IDEAS

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    1. Gabriel Ahlfeldt, 2007. "If Alonso Was Right: Accessibility as Determinant for Attractiveness of Urban Location," Working Papers 012, Chair for Economic Policy, University of Hamburg.
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    Cited by:

    1. Tur-Sinai, Aviad & Fleishman, Larisa & Romanov, Dmitri, 2020. "The accuracy of self-reported dwelling valuation," Journal of Housing Economics, Elsevier, vol. 48(C).
    2. Inês Teotónio & Carlos Oliveira Cruz & Cristina Matos Silva & José Morais, 2020. "Investing in Sustainable Built Environments: The Willingness to Pay for Green Roofs and Green Walls," Sustainability, MDPI, vol. 12(8), pages 1-14, April.
    3. Khan, Rana Asad Javid & Thaheem, Muhammad Jamaluddin & Ali, Tauha Hussain, 2020. "Are Pakistani homebuyers ready to adopt sustainable housing? An insight into their willingness to pay," Energy Policy, Elsevier, vol. 143(C).

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