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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| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
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EDP Sciences
2016
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| Subjects: | |
| Online Access: | http://eprints.utm.my/id/eprint/73106/ https://www.scopus.com/inward/record.uri?eid=2-s2.0-84982085291&doi=10.1051%2fmatecconf%2f20166813001&partnerID=40&md5=26a79ec125d1f1e3b43d226ac688cc9e |
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| Summary: | 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. |
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