Search engine for discovering works of Art, research articles, and books related to Art and Culture
ShareThis
Javascript must be enabled to continue!

BALANCING AFFORDABILITY AND SUSTAINABILITY: UNVEILING HOMEBUYERS’ PREFERENCES FOR GREEN AFFORDABLE HOUSING CRITERIA AND FEATURES

View through CrossRef
Green Affordable Housing (GAH) embodies a balance between affordability and sustainability in housing development. In Malaysia, the Green Building Index (GBI) outlines green housing criteria across six key areas: energy efficiency, indoor environmental quality, sustainable site planning and management, material and resource efficiency, water efficiency, and innovation. Similarly, the National Housing Policy (NHP) emphasizes affordability through income and housing price criteria. This study aims to align these frameworks by integrating GBI and NHP standards with GAH features identified in prior research. Logistic regression analysis of potential homebuyers' data revealed that 75.8% of respondents are willing to pay a premium for GAH features, with an acceptable cost increment of up to 10%. Top preferences include water-efficient fixtures (62.5%), rainwater harvesting systems (61%), and improved indoor environmental quality, such as low-noise designs (61.7%) and reduced volatile organic compounds (58%). The study highlights that incorporating green features into affordable housing is viable if cost increments remain reasonable, offering guidance for policymakers and developers to create sustainable and affordable housing solutions in Malaysia.
Title: BALANCING AFFORDABILITY AND SUSTAINABILITY: UNVEILING HOMEBUYERS’ PREFERENCES FOR GREEN AFFORDABLE HOUSING CRITERIA AND FEATURES
Description:
Green Affordable Housing (GAH) embodies a balance between affordability and sustainability in housing development.
In Malaysia, the Green Building Index (GBI) outlines green housing criteria across six key areas: energy efficiency, indoor environmental quality, sustainable site planning and management, material and resource efficiency, water efficiency, and innovation.
Similarly, the National Housing Policy (NHP) emphasizes affordability through income and housing price criteria.
This study aims to align these frameworks by integrating GBI and NHP standards with GAH features identified in prior research.
Logistic regression analysis of potential homebuyers' data revealed that 75.
8% of respondents are willing to pay a premium for GAH features, with an acceptable cost increment of up to 10%.
Top preferences include water-efficient fixtures (62.
5%), rainwater harvesting systems (61%), and improved indoor environmental quality, such as low-noise designs (61.
7%) and reduced volatile organic compounds (58%).
The study highlights that incorporating green features into affordable housing is viable if cost increments remain reasonable, offering guidance for policymakers and developers to create sustainable and affordable housing solutions in Malaysia.

Related Results

Woningcorporaties en Vastgoedontwikkeling
Woningcorporaties en Vastgoedontwikkeling
This summary highlights the findings of the PhD-thesis ‘Woningcorporaties en Vastgoedontwikkeling: Fit for Use’ (‘Housing associations and Real Estate Development: Fit for Use?’). ...
Marketing, management and financial providing of affordable housing
Marketing, management and financial providing of affordable housing
Today’s rising housing prices in most countries worldwide have caused increasable attention to the problem of affordable housing. It is a social or ethical issue and an essential e...
Housing Improvements for Health and Associated Socio‐Economic Outcomes: A Systematic Review
Housing Improvements for Health and Associated Socio‐Economic Outcomes: A Systematic Review
Poor housing is associated with poor health. This suggests that improving housing conditions might lead to improved health for residents. This review searched widely for studies fr...
An analysis on housing affordability in Malaysian housing markets and the home buyers’ preference
An analysis on housing affordability in Malaysian housing markets and the home buyers’ preference
Purpose This paper aims to investigate the housing preference and housing affordability in Malaysian housing markets. There is a lack of research on the gap betwe...
Klantgestuurd voorraadbeleid en empowerment
Klantgestuurd voorraadbeleid en empowerment
Central to this dissertation are client driven housing management from housing associations in The Netherlands and the empowerment effects this management has on its tenants. The c...
Measuring Housing Affordability in the Philippines
Measuring Housing Affordability in the Philippines
Understanding housing affordability is key to addressing the housing problem. This study evaluates housing affordability in the Philippines using conventional approaches. It compar...
Sustainable development in affordable housing: Policy innovations and challenges
Sustainable development in affordable housing: Policy innovations and challenges
As the global urban population continues to expand, the need for affordable and sustainable housing solutions becomes increasingly urgent. This review explores policy innovations a...
Investment compensation mechanism for affordable housing construction project based on decision function
Investment compensation mechanism for affordable housing construction project based on decision function
With continuously accelerated development of China’s urbanization, the price of commercial housing is also rising and the housing problem has become a hot issue in China’s social d...

Back to Top