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A Framework of Building and Locational Characteristics Ranking for Purpose-built Offices in Malaysia

Author

Listed:
  • Mohd Safian, Edie Ezwan
  • Nawawi, Abdul Hadi

Abstract

The development of purpose-built office market in Malaysia is primarily resolved by a supplydemand market. Since the office market in Malaysia has displayed significance improvement due to increasing level of competitiveness, many characteristics of purpose-built office have appeared and become prominent during the process of assessment. These characteristics were generally used as indicators in property valuation, building performance as well as office market appraisal. Based on these characteristics, property market participants can evaluate their property proficiently based on their requirements, especially in decision making during business planning, investment or property management. Technology growth and national policy also gave contribution factors on revealing newly characteristics of purpose-built office such as green building, intelligent building and sustainable development model. The purpose of this article is to identify suitable characteristics of purpose-built office that can be used in Malaysia. Integral to achieving this objective, exploration on purpose built office characteristics in a global and local context will be reconsidered. As a result, a building and locational framework of purpose-built office’s characteristics in Malaysia will be diagnosed and verified appropriately.

Suggested Citation

  • Mohd Safian, Edie Ezwan & Nawawi, Abdul Hadi, 2013. "A Framework of Building and Locational Characteristics Ranking for Purpose-built Offices in Malaysia," MPRA Paper 64978, University Library of Munich, Germany, revised 2013.
  • Handle: RePEc:pra:mprapa:64978
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    File URL: https://mpra.ub.uni-muenchen.de/64978/1/MPRA_paper_64978.pdf
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    References listed on IDEAS

    as
    1. Zuhairuse Darus & Nor Atikah Hashim & Nor Atikah Hashim & Nor Atikah Hashim, 2012. "Sustainable Building in Malaysia: The Development of Sustainable Building Rating System," Chapters, in: Chaouki Ghenai (ed.), Sustainable Development - Education, Business and Management - Architecture and Building Construction - Agriculture and Food Security, IntechOpen.
    2. Mohd Safian, Edie Ezwan & Bagdad, Mariati & Nawawi, Abdul Hadi, 2011. "The characteristics of purpose built offices in Malaysia: a review of issues," MPRA Paper 39422, University Library of Munich, Germany.
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    Cited by:

    1. Azwar, Dzarul Hardy & Rahmat, Ismail & Mohd Safian, Edie Ezwan, 2012. "People and Urban Environment: Landscape role in health and wellbeing," MPRA Paper 65144, University Library of Munich, Germany, revised 12 Sep 2012.

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    More about this item

    Keywords

    Purpose-built office; building; locational; characteristics; framework;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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