UCL Discovery
UCL home » Library Services » Electronic resources » UCL Discovery

Sustainability of Sustainable Real Property Development

Addae-Dapaah, K; Hiang, LK; Neo Yen Shi, S; (2009) Sustainability of Sustainable Real Property Development. Journal of Sustainable Real Estate , 1 (1) pp. 203-225. Green open access

[thumbnail of Addae-Dapaah_SoSRE.pdf]
Preview
Text
Addae-Dapaah_SoSRE.pdf - Published Version

Download (134kB) | Preview

Abstract

The paper investigates commercial buildings users' perception of the benefits of green buildings and how this perception influences their decision to occupy and/or invest in them. A survey of 400 commercial real estate users in Singapore reveals that they are aware of, and appreciate the benefits of green buildings. However, they are not willing to occupy and/or invest in green buildings as they are concerned with monetary returns. Price, reliability, and effectiveness of green features, as well as apathy towards environmental issues, are impeding the sustainability of sustainable commercial real estate in Singapore. Notwithstanding, since it was found that cost saving and higher property value benefits statistically influence respondents' willingness to invest in, or occupy green buildings, turning the sustainability advocacy into realistic economic advocacy could ensure sustainability of sustainable real estate development.

Type: Article
Title: Sustainability of Sustainable Real Property Development
Open access status: An open access version is available from UCL Discovery
Publisher version: http://www.josre.org/09-sustainability-of-sustaina...
Language: English
Additional information: All articles published in JOSRE are distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett School of Planning
URI: https://discovery.ucl.ac.uk/id/eprint/1530022
Downloads since deposit
504Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item