Green Initiatives, Cost-Cutting, and Crime Control for Successful Residential Developments in Malaysia
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Published:
Dec 2, 2018
Keywords:
eco-housing, crime, residential development
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Abstract
The Malaysian residential property market is currently in a state of stagnation and overhang has become a serious concern. Discussions were held with property developers in the southern region of Peninsular Malaysia to elaborate the problems faced in operating in the industry as well as their causes. Several developers who were found to perform well under the slumping market. From the discussions, they were found to have taken innovative approaches to housing, offering houses based on eco-concepts, space optimisation, security through layout management, as well as structural features that appeal to the lifestyle needs of current homebuyers.
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References
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De Young, R., & Rice, T. (2004). How do banks make money: A variety of business strategies. Economic Perspectives, 52-68.
Department of Valuation and Property Services (2018). Property Market Status Report: Newly Launched Residential Units and the Sales Performances for Q3 – Q1 2018 by State, District, Type and Price Range in Malaysia.Putrajaya: Ministry of Finance Malaysia
Economic Planning Unit Malaysia (2016). Eleventh Malaysia Plan 2016-2020. Putrajaya: Department of the Prime Minister
Roitman, S. (2013). Close but Divided: How Walls, Fences and Barriers Exacerbate Social Differences and Foster Urban Social Group Segregation. Housing, Theory and Society, 30(2), 156-176. doi: 10.1080/14036096.2012.728150