To read this content please select one of the options below:

Sustainable property development by Malaysian property companies

Muhammad Najib Razali (Department of Real Estate Management, Universiti Teknologi Malaysia, Johor Bahru, Malaysia)
Yasmin Mohd Adnan (Deparment of Estate Management, Faculty of Built Environment, Universiti Malaya, Kuala Lumpur, Malaysia)

Property Management

ISSN: 0263-7472

Article publication date: 19 October 2015

4357

Abstract

Purpose

The concept of sustainability has become increasingly essential to property development, especially in recent years. The purpose of this paper is to assess the level of sustainability practices among listed property companies in Malaysia.

Design/methodology/approach

Using content analysis, company websites and annual reports, the level of sustainable practices among property companies in Malaysia will be examined and assessed. The paper will also rigorously assess the sustainability strategies employed by using an attributes scorecard, which takes into account several attributes concerning sustainability issues.

Findings

The findings have showed sustainable property development concept among listed property companies can be categorised as low level, although this is increasing.

Originality/value

Given the increasing significance of sustainability issues – especially in property development – this paper provides a more informed investment decision strategies regarding the implementation of the sustainability concept in property portfolio; a consideration that has increasingly come into focus amongst international property actors.

Keywords

Citation

Razali, M.N. and Mohd Adnan, Y. (2015), "Sustainable property development by Malaysian property companies", Property Management, Vol. 33 No. 5, pp. 451-477. https://doi.org/10.1108/PM-02-2014-0008

Publisher

:

Emerald Group Publishing Limited

Copyright © 2015, Emerald Group Publishing Limited

Related articles