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Preference on sustainable housing towards consumers' well-being

Malaysian government has been announced about sustainable housing concept since year 2005 towards the consumers’ well-being. Generally, the objective of this study is to conduct an economic study on the consumers’ demand for sustainable housing in Malaysia. Self-administered questionnaires were used...

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Main Authors: Md Jusoh, Zuroni, Abdul Rahim @ Abdul Wahab, Husniyah, Abu Bakar, Elistina, Jamaluddin, Askiah, Mohd Rasdi, Roziah, Md Zaini, Norzalika
Format: Conference or Workshop Item
Language:English
Published: Persatuan Ekonomi Pengguna dan Keluarga Malaysia (MACFEA) 2012
Online Access:http://psasir.upm.edu.my/id/eprint/76775/1/MACFEA16-18.pdf
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spelling oai:psasir.upm.edu.my:76775 http://psasir.upm.edu.my/id/eprint/76775/ Preference on sustainable housing towards consumers' well-being Md Jusoh, Zuroni Abdul Rahim @ Abdul Wahab, Husniyah Abu Bakar, Elistina Jamaluddin, Askiah Mohd Rasdi, Roziah Md Zaini, Norzalika Malaysian government has been announced about sustainable housing concept since year 2005 towards the consumers’ well-being. Generally, the objective of this study is to conduct an economic study on the consumers’ demand for sustainable housing in Malaysia. Self-administered questionnaires were used to obtain necessary data from 800 respondents among urban households of terrace houses in urban areas. Four zones consist of the North, Middle, East and South of Peninsular Malaysia was selected through multi-stage random sampling. One state has been chosen to represent each zone. The lists of the Municipal Councils were gathered from the government website and two of them were selected to represent the chosen states. The choice experiment technique is applied to estimate the non market values for the study. Implicit prices for environmental attributes such as natural air ventilation, green area, carbon dioxide (CO2) emission and rainwater harvesting system were estimated. Compensating surplus (CpS) estimation shows that the amount of money an individual is willingness to pay (WTP) to attain an improvement for a number of generic and label-specific choice sets. The findings also reveal that Malaysian society is preferred sustainable housing as compared to conventional housing. Finally, the study discusses several policy implications and incentive scheme for the development of sustainable housing industry in Malaysia. Persatuan Ekonomi Pengguna dan Keluarga Malaysia (MACFEA) 2012 Conference or Workshop Item PeerReviewed text en http://psasir.upm.edu.my/id/eprint/76775/1/MACFEA16-18.pdf Md Jusoh, Zuroni and Abdul Rahim @ Abdul Wahab, Husniyah and Abu Bakar, Elistina and Jamaluddin, Askiah and Mohd Rasdi, Roziah and Md Zaini, Norzalika (2012) Preference on sustainable housing towards consumers' well-being. In: Seminar Kebangsaan MACFEA ke 16 'Kelestarian dan Kualiti Hidup', 10-11 Jul. 2012, Palm Garden Hotel Putrajaya, Malaysia. (pp. 346-355).
institution UPM IR
collection UPM IR
language English
description Malaysian government has been announced about sustainable housing concept since year 2005 towards the consumers’ well-being. Generally, the objective of this study is to conduct an economic study on the consumers’ demand for sustainable housing in Malaysia. Self-administered questionnaires were used to obtain necessary data from 800 respondents among urban households of terrace houses in urban areas. Four zones consist of the North, Middle, East and South of Peninsular Malaysia was selected through multi-stage random sampling. One state has been chosen to represent each zone. The lists of the Municipal Councils were gathered from the government website and two of them were selected to represent the chosen states. The choice experiment technique is applied to estimate the non market values for the study. Implicit prices for environmental attributes such as natural air ventilation, green area, carbon dioxide (CO2) emission and rainwater harvesting system were estimated. Compensating surplus (CpS) estimation shows that the amount of money an individual is willingness to pay (WTP) to attain an improvement for a number of generic and label-specific choice sets. The findings also reveal that Malaysian society is preferred sustainable housing as compared to conventional housing. Finally, the study discusses several policy implications and incentive scheme for the development of sustainable housing industry in Malaysia.
format Conference or Workshop Item
author Md Jusoh, Zuroni
Abdul Rahim @ Abdul Wahab, Husniyah
Abu Bakar, Elistina
Jamaluddin, Askiah
Mohd Rasdi, Roziah
Md Zaini, Norzalika
spellingShingle Md Jusoh, Zuroni
Abdul Rahim @ Abdul Wahab, Husniyah
Abu Bakar, Elistina
Jamaluddin, Askiah
Mohd Rasdi, Roziah
Md Zaini, Norzalika
Preference on sustainable housing towards consumers' well-being
author_facet Md Jusoh, Zuroni
Abdul Rahim @ Abdul Wahab, Husniyah
Abu Bakar, Elistina
Jamaluddin, Askiah
Mohd Rasdi, Roziah
Md Zaini, Norzalika
author_sort Md Jusoh, Zuroni
title Preference on sustainable housing towards consumers' well-being
title_short Preference on sustainable housing towards consumers' well-being
title_full Preference on sustainable housing towards consumers' well-being
title_fullStr Preference on sustainable housing towards consumers' well-being
title_full_unstemmed Preference on sustainable housing towards consumers' well-being
title_sort preference on sustainable housing towards consumers' well-being
publisher Persatuan Ekonomi Pengguna dan Keluarga Malaysia (MACFEA)
publishDate 2012
url http://psasir.upm.edu.my/id/eprint/76775/1/MACFEA16-18.pdf
_version_ 1782758730851418112
score 12.935284

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