MATEC Web Conf.
Volume 138, 2017The 6th International Conference of Euro Asia Civil Engineering Forum (EACEF 2017)
|Number of page(s)||9|
|Section||2-Structural and Construction Engineering|
|Published online||30 December 2017|
The Priority Importance of Economic Motivation Factors Against Risks for Green Building Development in Malaysia
1, 4 School of Civil Engineering, Engineering Campus, Universiti Sains Malaysia, 14300 Nibong Tebal, Penang, Malaysia
2, 3, 5, 6, 7 Department of Structures and Materials, Faculty of Civil Engineering, Universiti Teknologi Malaysia, Johor, Malaysia
8 Faculty of Achitecture, Planning and Surveying, Universiti Teknologi Mara, Shah Alam, Selangor, Malaysia
* Corresponding author: firstname.lastname@example.org
Green building development is an emerging paradigm for the construction industry practice all around the world. The establishement of Green Building rating tool helps to assess the whole life cycle process in planning to operation in a building. The Malaysian construction industry recognizes buildings that have been assessed using established green building tool such Green Building Index, Green RE or My CREST. Eventhough these rating tools provide motivation factors in its criteria and sub-criteria to promote sustainability in Malaysia buildings, there is still a major doubt to developers in terms of risks that may hinder their investments in green buildings. This paper highlights the priority importance of economic motivation factors against risks in the green building development in Malaysia. The data presented in this paper have been mainly derived from responses received through questionnaires completed by building stakeholders involved in green building developments. In order to determine the priority importance of economic motivation factors and risks identified for green building development, the questionnaire outcomes have been thoroughly assessed using the Analytical Hierarchy Process (AHP) method. As a result, lack of government incentive and high capital cost, which classified under green building risks, are the two key factors with highest priority importance that influenced most of the decision making for green building development in Malaysia. The results show green buildings have proliferated as governmental support and incentives with more exampler of higher profit return of investment in enhancing developers preference for green building development.
© The Authors, published by EDP Sciences, 2017
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (http://creativecommons.org/licenses/by/4.0/).
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