• Login
• Admin

Wei Yee, Moo (2025) Identification of material sustainability matters in the property development industry by analysing stakeholder perspectives on ten sustainable elements. [Dissertation (University of Nottingham only)]

PDF - Registered users only - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader Download (1MB)

Abstract

Despite the global emphasis on sustainability, property developers in Malaysia face significant challenges in implementing sustainable practices due to the multifaceted consideration of the risk of incremental cost, instability of advanced technology, lack of skilled experts, and shortage of green materials. The author of this paper aims to address the gap in understanding the perceived value of sustainable practices among various stakeholders, which may not align with the principles of the sustainability frameworks.

The objective of this research paper is to assess the awareness and adoption level of sustainability practices among the stakeholders including definitive stakeholders, dependent stakeholders, and other stakeholders through the lens of salience stakeholder theory. The research methodology is divided into two parts, which the first part puts the focal point into the comprehensive literature reviews on the historical evolution of sustainability, critical challenges, and various widespread-used green rating frameworks such as LEED, GBI, Green Mark, and GreenRE. Adopting the qualitative research methodology, author conducted semi-structured interviews with 18 interviewees from diverse stakeholder groups individually. The interview contents were critically analysed through content analysis with reference to Self-Determination Theory (SDT) and ten sustainable themes that branch from the green rating frameworks.

The research findings reveal both consensus and disparities in the stakeholder expectations, which are able to provide insights for property developers and relevant stakeholders in designing the material sustainability matters and assessing the feasibility. While ecological aspects remain universally valued, the research outcomes show that the perspectives are prone to be limited to human own benefit over the broader impact on planetary health, particularly concerning the UN SDG Goal-14 and Goal-15. The author of this paper suggests further studies to explore these discrepancies and enhance alignment among stakeholders regarding sustainability practices. Results also outline the cost and value of money aspects ranked top of the motivation to predominantly drive both primary definitive stakeholders and dependent stakeholders to the broader adoptions. Potential future research could consider the empirical study on the correlation between sustainable property development practices and tangible outcomes such as company revenue growth and property value appreciation.

Item Type:	Dissertation (University of Nottingham only)
Depositing User:	Moo, Wei
Date Deposited:	17 Feb 2025 01:47
Last Modified:	17 Feb 2025 01:47
URI:	https://eprints.nottingham.ac.uk/id/eprint/80279

Actions (Archive Staff Only)

Edit View