TY - CONF T1 - Impact Of Indoor Environmental Quality And Innovation Features On Residential Property Price And Rent In Malaysia: A Review T2 - 22nd Annual European Real Estate Society Conference Y1 - 2015 A1 - Megat Abdul Rahman, Megat Mohd Ghazali A1 - Maryanti Mohd Raid A1 - Asmma' Che Kasim A1 - Khadijah Hussin KW - Green Building Features KW - Green Building Index (GBI) KW - Indoor Environmental Quality KW - Innovation KW - Property Price And Rental AB -

Green building concept, a trend in developed nations, has spread to Malaysia. The green features improve the functions of buildings and promises higher returns. Indoor environmental quality (IEQ) and Innovation (IN) are among six criteria of Green Building Index (GBI) that building owner needs to attain for its building to be certified as ā€¯green" in Malaysia. The benefit of IEQ is to create conducive indoor environment for building occupants for living and working. While IN is to meet the objectives of GBI through green building design initiatives and sustainable construction practices. The research question is does IEQ and IN features give direct impact to residential property price? Therefore, this paper will review the broad literature regarding the impacts of indoor environmental quality (IEQ) and innovation (IN) for residential property and its implication to market price and rent. The early hypothesis of this paper anticipate that innovation (IN) and indoor environmetal quality (IEQ) features will indirectly increase residential property market price and rent in spite of the lack of comparative financial data. From this paper, it is hope that the positive impacts of these features will encourage building owners, developers and other main development actors to put these criteria into the same consideration as other criteria in GBI as one of the way to compensate the impact of the building towards economic, environment and social features.

JA - 22nd Annual European Real Estate Society Conference T3 - ERES: Conference CY - Istanbul, Turkey J1 - Conference 2015 ID - oai-eres.id-eres2015_133 M3 - 10.15396/eres2015_133 ER -