Development of Green Buildings and their Impact on Property Values

Principal Investigator: Dr Yu Shi-Ming
Research Assistant: Lee MinxianExecutive summary

This research project aims to contribute significantly to the growing body of knowledge on sustainable developments and green buildings, as well as enhance the multi-disciplinary research amongst experts in construction, environmental design and planning and real estate investment analysis and appraisal.

The objectives of this study are as follows:

  • To explore the direct costs and benefits to owners and occupiers of green buildings in terms of recurring maintenance costs as well as longer term cyclical costs
  • To analyze the impact of green buildings on property rents and values
  • To examine how property valuation needs to encompass the increasing trend of green buildings