Pengaruh elemen persekitaran bandar terhadap transaksi harta tanah kediaman

Property demand and supply depend on the benefits and limitations of a property and these can be affected by infrastructure development such as green area and water body. However, the impacts of the environmental development influence on the level of preference and its effect on property price transaction have yet to be discovered. Thus, this study was conducted to identify the relationship between attributes and buyers preferences towards green elements and water body as well as examine their impacts on residential property transaction. This study was based on quantitative methods using questionnaires and property transaction data from National Property Information Centre (NAPIC), Valuation and Property Service Department (JPPH). Based on the data from the questionnaires (n=396) and residential data transaction (n=1171) within 12 housing schemes in Skudai; factor analysis, frequency descriptive analysis and multiple regression analysis were conducted. This study showed that residents agreed that green area and water body added value and improved the surrounding scenery (76.6%) besides boosting social interaction as well as recreational activities (80.3%). Some of the residents (31%) were unsure whether they are willing to pay extra for the green area and water body despite the aesthetic value and recreational space. Furthermore, there were residents (45.2%) who thought that the green area did not help in reducing crime rates whereas other residents (34.4%) considered water body as an unsuitable place for children. Thus, based on the analysis, it can be concluded that the residents prefer green area compared to water body due to its physical characteristics which are comfortable, well maintained, easily accessible and located within their housing area. As a conclusion, the green area and water body elements fulfilled social and psychological needs of the residents, which portrayed a significant relationship with the residents and gave positive impacts towards residential property transaction price in cities. Further analysis based on the regression analysis model showed that there is a low significance relationship between the green area and water body on property transaction price. The implication of this study for urban environmental development is that it should be based on the urban environmental role of interest to help the urbanization process and it should aligned with the green area and water body development in order to achieve quality of life

SENSE OF PLACE WITHIN THE ENVIRONMENTAL ELEMENT IN CULTURAL FRAME: A REVIEW

The numerous aspects of physical as well as the subjective features of environmental elements can affect social behavior and social interactions. The designated environmental element such as green open space, landscapes, water body as well as other environmental amenities that are bestowed by the nature such as natural weather, natural weather routes, natural topography and natural can provide amenities and benefits that contribute to the quality of life. The study is attempted to discover individual’s perception, experience and responses towards their surroundings based on elements that relate to their culture. Despite of land scarcity, new developments do not seem to recognize and respect the importance of cultural aspect resulting in the disorientation of residential property development area. Furthermore, the land use pressures are interrelated internally for fiscal benefits and externally for creating the preserve land for habitat. The literature reviewed in terms of sense of place was conducted to rediscover the fundamental conception of place, perception and experience. This paper was born from the attempt to understand why people fall in love with places and extends an ongoing progress of a study about the environmental elements in the context of culture. The concept of sense of place appeared to explain much of the ways in which people relate to place, and for this reason, many of the works reviewed for this study were written by scholars who have analyzed this concept. Hence, the background of reviewed study was to structure the work and concludes that places will add the value to establish the urban setting and place in economics context

Impacts of indoor environmental quality (IEQ) elements on residential property market: a review

Indoor environmental quality (IEQ) is among six criteria of Green Building Index (GBI) that need to be achieved by building owner in order to recognize their building as ‘green’ in Malaysia. The benefit of IEQ is to create conducive environment for human health. Besides influenced their overall image, leasing and resale value of the buildings, does indoor environmental quality (IEQ) features will give impact on real estate market in terms of price and rental particularly for residential building property? Therefore, this paper will review the broad literature regarding the impacts of indoor environmental quality (IEQ) for residential building property and its implication to towards property price and rental. The early hypothesis of this paper anticipates that indoor environmental quality (IEQ) features will indirectly increase residential property market price and rental. 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

Impact Of Innovation (In) and Indoor Environmental quality (Eq) features on residential property price and rental

The encouragement from government through Green Technology Policy as well as the widespread of green building design implementation has brought to positive impacts on the urban real estate market. Indoor environmental quality (IEQ) and innovation (IN) were among six criteria of Green Building Index (GBI) that need to be achieved by building owner in order to recognize their building as 'green' in Malaysia. The benefit of IEQ is to create conducive environment for human health while IN is to contribute to high quality interior environment of the building. Besides influenced their overall image, leasing and resale value of the buildings, does innovation (IN) and indoor environmental quality (IEQ) features will give impact on real estate market in terms of price and rental particularly for residential building property? Therefore, this paper will review the broad literature regarding the impacts of indoor environmental quality (IEQ) and innovation (IN) for residential building property and its implication to towardsproperty price and rental. The early hypothesis of this paper anticipates that innovation (IN) and indoor environmetal quality (IEQ) features will indirectly increase residential property market price and rental. 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

Impact of indoor environmental quality (IEQ) and innovation (IN) features on residential property price in Malaysia: a review

The purpose of this paper is to review the broad literature regarding the impacts of indoor environmental quality (IEQ) and innovation (IN) for residential building property and its implication towards property price and rental. The early hypothesis of this paper anticipate that innovation (IN) and indoor environmetal quality (IEQ) features will indirectly increase residential property market price and rental in spite of the lack of comparative financial data. Research limitations/implications – This research will focus on multi-storey residential buildings. They are condominium, apartment or service apartment with IN and IEQ features based on Green Building Index (GBI) assessment criteria. In this research, IN and IEQ features will be defined according to the description of Green Building Index (GBI) Assessment Criteria for New Residential Construction (RNC). Originality/value – To the best of researcher's knowledge, in the context of Malaysia there is no single study emphasized on the significant role of IEQ and IN criteria especially its interrelation with property price and value. 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