An analysis of real estate market responses towards climate resilient policies in Malaysia and Indonesia

Syed Abdul Kader, Sharifah Zubaidah and Rabe, Noor Suzilawati and Mohd Yusoff, Rahmawati and Sufian, Azlinor (2024) An analysis of real estate market responses towards climate resilient policies in Malaysia and Indonesia. Environmental-Behaviour Proceedings Journal, 9 (30). pp. 13-19. E-ISSN 2398-4287

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Abstract

As global warming increases climate-related disasters, countries must address its impact on real estate. Malaysia’s National Policy on Climate Change, Green Building Index, and National Urbanisation Policy, along with Indonesia’s National Action Plan on Climate Change, Climate Resilience and Adaptation Strategy, and Disaster Management Law, highlight climate resilience in real estate. This study examines these policies and their effects on the real estate markets in Malaysia and Indonesia using qualitative methods. The findings reveal that property values in both countries have increased due to a growing emphasis on sustainability and durability in the market.

Item Type:	Article (Journal)
Additional Information:	1742/115610
Uncontrolled Keywords:	climate resilience, real estate, market response, CRAS
Subjects:	H Social Sciences > H Social Sciences (General)
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Ahmad Ibrahim Kulliyyah of Laws Kulliyyah of Architecture and Environmental Design > Department of Urban & Regional Planning Kulliyyah of Architecture and Environmental Design
Depositing User:	Prof. Dr. Sharifah Zubaidah Syed Abdul Kader
Date Deposited:	08 Nov 2024 09:28
Last Modified:	08 Nov 2024 09:28
URI:	http://irep.iium.edu.my/id/eprint/115610

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