Sustainability or Bust: Malaysian Home Buyers’ Stated Preferences for Sus-Tainable Housing

Sustainability or Bust: Malaysian Home Buyers’ Stated Preferences for Sus-Tainable Housing

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...

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Bibliographic Details
Main Authors: Syahid A., Tareq M.A., Zaki S.A.
Format: Article
Language:English
Published: EDP Sciences 2016-01-01
Series:MATEC Web of Conferences
Online Access:http://dx.doi.org/10.1051/matecconf/20166813001
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spelling doaj-4ea6159062d7444aaaf23229617169302021-02-02T08:05:15ZengEDP SciencesMATEC Web of Conferences2261-236X2016-01-01681300110.1051/matecconf/20166813001matecconf_iciea2016_13001Sustainability or Bust: Malaysian Home Buyers’ Stated Preferences for Sus-Tainable HousingSyahid A.Tareq M.A.Zaki S.A.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.http://dx.doi.org/10.1051/matecconf/20166813001
collection DOAJ
language English
format Article
sources DOAJ
author Syahid A.
Tareq M.A.
Zaki S.A.
spellingShingle Syahid A.
Tareq M.A.
Zaki S.A.
Sustainability or Bust: Malaysian Home Buyers’ Stated Preferences for Sus-Tainable Housing
MATEC Web of Conferences
author_facet Syahid A.
Tareq M.A.
Zaki S.A.
author_sort Syahid A.
title Sustainability or Bust: Malaysian Home Buyers’ Stated Preferences for Sus-Tainable Housing
title_short Sustainability or Bust: Malaysian Home Buyers’ Stated Preferences for Sus-Tainable Housing
title_full Sustainability or Bust: Malaysian Home Buyers’ Stated Preferences for Sus-Tainable Housing
title_fullStr Sustainability or Bust: Malaysian Home Buyers’ Stated Preferences for Sus-Tainable Housing
title_full_unstemmed Sustainability or Bust: Malaysian Home Buyers’ Stated Preferences for Sus-Tainable Housing
title_sort sustainability or bust: malaysian home buyers’ stated preferences for sus-tainable housing
publisher EDP Sciences
series MATEC Web of Conferences
issn 2261-236X
publishDate 2016-01-01
description 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.
url http://dx.doi.org/10.1051/matecconf/20166813001
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AT tareqma sustainabilityorbustmalaysianhomebuyersstatedpreferencesforsustainablehousing
AT zakisa sustainabilityorbustmalaysianhomebuyersstatedpreferencesforsustainablehousing
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