Economic perspectives on adaptive reuse of heritage building as hotels in Georgetown, Penang / Amelina Zainudin and Lilawati Ab Wahab

Modern design have threatened older and historical buildings to evolve. However, heritage buildings are better to keep and maintain the way it is due to the high building value it possessed. Some of the problems identified in this research are high cost of construction and uneconomic building return...

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Main Authors: Zainudin, Amelina, Ab Wahab, Lilawati
Format: Conference or Workshop Item
Language:English
Published: 2019
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Online Access:https://ir.uitm.edu.my/id/eprint/51137/1/51137.pdf
https://ir.uitm.edu.my/id/eprint/51137/
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spelling my.uitm.ir.511372021-10-11T03:44:32Z https://ir.uitm.edu.my/id/eprint/51137/ Economic perspectives on adaptive reuse of heritage building as hotels in Georgetown, Penang / Amelina Zainudin and Lilawati Ab Wahab Zainudin, Amelina Ab Wahab, Lilawati Value. Utility. Value added Malaysia Economics as a science. Relation to other subjects Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Modern design have threatened older and historical buildings to evolve. However, heritage buildings are better to keep and maintain the way it is due to the high building value it possessed. Some of the problems identified in this research are high cost of construction and uneconomic building return. The aim of this research is to study the economic perspectives of adaptive reuse in heritage buildings. The objectives are a) to identify adaptive reuse of heritage building as hotels, b) to determine the success factors and c) to study the rate of success of economic return on adaptive reuse heritage building as hotels in Georgetown, Penang. Data was collected by observations, questionnaires and interviews methods. These data were then analysed using SPSS (Version 24) Software. The results of this study will benefit any property investors whom wishes to adapt any heritage buildings into hotel. From this study, 30 heritage buildings was identified and adapted into hotels with interior design as the main success factor. With an average duratin of only 9 years to get back their capital return, hotel owners agreed that adaptive reuse is an investment that is worth to invest. 2019 Conference or Workshop Item PeerReviewed text en https://ir.uitm.edu.my/id/eprint/51137/1/51137.pdf ID51137 Zainudin, Amelina and Ab Wahab, Lilawati (2019) Economic perspectives on adaptive reuse of heritage building as hotels in Georgetown, Penang / Amelina Zainudin and Lilawati Ab Wahab. In: 4th Undergraduate Seminar on Built Environment and Technology 2019, 12th June 2019, Universiti Teknologi Mara Perak Branch.
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Value. Utility. Value added
Malaysia
Economics as a science. Relation to other subjects
Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
spellingShingle Value. Utility. Value added
Malaysia
Economics as a science. Relation to other subjects
Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
Zainudin, Amelina
Ab Wahab, Lilawati
Economic perspectives on adaptive reuse of heritage building as hotels in Georgetown, Penang / Amelina Zainudin and Lilawati Ab Wahab
description Modern design have threatened older and historical buildings to evolve. However, heritage buildings are better to keep and maintain the way it is due to the high building value it possessed. Some of the problems identified in this research are high cost of construction and uneconomic building return. The aim of this research is to study the economic perspectives of adaptive reuse in heritage buildings. The objectives are a) to identify adaptive reuse of heritage building as hotels, b) to determine the success factors and c) to study the rate of success of economic return on adaptive reuse heritage building as hotels in Georgetown, Penang. Data was collected by observations, questionnaires and interviews methods. These data were then analysed using SPSS (Version 24) Software. The results of this study will benefit any property investors whom wishes to adapt any heritage buildings into hotel. From this study, 30 heritage buildings was identified and adapted into hotels with interior design as the main success factor. With an average duratin of only 9 years to get back their capital return, hotel owners agreed that adaptive reuse is an investment that is worth to invest.
format Conference or Workshop Item
author Zainudin, Amelina
Ab Wahab, Lilawati
author_facet Zainudin, Amelina
Ab Wahab, Lilawati
author_sort Zainudin, Amelina
title Economic perspectives on adaptive reuse of heritage building as hotels in Georgetown, Penang / Amelina Zainudin and Lilawati Ab Wahab
title_short Economic perspectives on adaptive reuse of heritage building as hotels in Georgetown, Penang / Amelina Zainudin and Lilawati Ab Wahab
title_full Economic perspectives on adaptive reuse of heritage building as hotels in Georgetown, Penang / Amelina Zainudin and Lilawati Ab Wahab
title_fullStr Economic perspectives on adaptive reuse of heritage building as hotels in Georgetown, Penang / Amelina Zainudin and Lilawati Ab Wahab
title_full_unstemmed Economic perspectives on adaptive reuse of heritage building as hotels in Georgetown, Penang / Amelina Zainudin and Lilawati Ab Wahab
title_sort economic perspectives on adaptive reuse of heritage building as hotels in georgetown, penang / amelina zainudin and lilawati ab wahab
publishDate 2019
url https://ir.uitm.edu.my/id/eprint/51137/1/51137.pdf
https://ir.uitm.edu.my/id/eprint/51137/
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score 13.211869