Incorporate environmental, social and governance initiatives in commercial property valuation: a case study of Klang Valley, Malaysia

In recent years, there has been a growing recognition of the importance of Environmental, Social, and Governance (ESG) factors in the valuation of commercial properties. These factors, which encompass a wide range of issues such as energy efficiency, carbon emissions, social impact, and corporate go...

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Main Author: Pang, Wiyett
Format: Final Year Project / Dissertation / Thesis
Published: 2024
Subjects:
Online Access:http://eprints.utar.edu.my/7046/
http://eprints.utar.edu.my/7046/1/MKOR25106_Research_Project.pdf
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author Pang, Wiyett
author_facet Pang, Wiyett
author_sort Pang, Wiyett
building UTAR Institutional Repository
collection Online Access
description In recent years, there has been a growing recognition of the importance of Environmental, Social, and Governance (ESG) factors in the valuation of commercial properties. These factors, which encompass a wide range of issues such as energy efficiency, carbon emissions, social impact, and corporate governance, are increasingly being considered by investors, regulators, and society at large. However, despite the increasing emphasis on ESG considerations, incorporating these factors into commercial property valuation presents several challenges. These challenges can range from data availability and quality issues to the lack of standardized methodologies and frameworks for valuing ESG initiatives. This research seeks to explore the challenges faced by property valuers in incorporating ESG initiatives into commercial property valuation. By examining these challenges, this study aims to contribute to the growing body of knowledge on the valuation of sustainable buildings and to provide insights that can help property valuers, investors, and policymakers navigate the complexities of incorporating ESG factors into commercial property valuation. Through a qualitative approach, specifically Grounded Theory (GT), this research aims to identify the challenges faced by valuers in considering ESG factors in commercial property valuation in Malaysia and Poland. By adopting a flexible and open-minded approach, this study seeks to uncover the underlying issues and complexities that may not be apparent in a more structured research design. It is my hope that this research will not only contribute to the academic literature but also provide practical insights that can help improve the integration of ESG factors into commercial property valuation practices.
first_indexed 2025-11-15T19:44:48Z
format Final Year Project / Dissertation / Thesis
id utar-7046
institution Universiti Tunku Abdul Rahman
institution_category Local University
last_indexed 2025-11-15T19:44:48Z
publishDate 2024
recordtype eprints
repository_type Digital Repository
spelling utar-70462025-01-13T08:15:37Z Incorporate environmental, social and governance initiatives in commercial property valuation: a case study of Klang Valley, Malaysia Pang, Wiyett H Social Sciences (General) HD Industries. Land use. Labor HF Commerce In recent years, there has been a growing recognition of the importance of Environmental, Social, and Governance (ESG) factors in the valuation of commercial properties. These factors, which encompass a wide range of issues such as energy efficiency, carbon emissions, social impact, and corporate governance, are increasingly being considered by investors, regulators, and society at large. However, despite the increasing emphasis on ESG considerations, incorporating these factors into commercial property valuation presents several challenges. These challenges can range from data availability and quality issues to the lack of standardized methodologies and frameworks for valuing ESG initiatives. This research seeks to explore the challenges faced by property valuers in incorporating ESG initiatives into commercial property valuation. By examining these challenges, this study aims to contribute to the growing body of knowledge on the valuation of sustainable buildings and to provide insights that can help property valuers, investors, and policymakers navigate the complexities of incorporating ESG factors into commercial property valuation. Through a qualitative approach, specifically Grounded Theory (GT), this research aims to identify the challenges faced by valuers in considering ESG factors in commercial property valuation in Malaysia and Poland. By adopting a flexible and open-minded approach, this study seeks to uncover the underlying issues and complexities that may not be apparent in a more structured research design. It is my hope that this research will not only contribute to the academic literature but also provide practical insights that can help improve the integration of ESG factors into commercial property valuation practices. 2024 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/7046/1/MKOR25106_Research_Project.pdf Pang, Wiyett (2024) Incorporate environmental, social and governance initiatives in commercial property valuation: a case study of Klang Valley, Malaysia. Master dissertation/thesis, UTAR. http://eprints.utar.edu.my/7046/
spellingShingle H Social Sciences (General)
HD Industries. Land use. Labor
HF Commerce
Pang, Wiyett
Incorporate environmental, social and governance initiatives in commercial property valuation: a case study of Klang Valley, Malaysia
title Incorporate environmental, social and governance initiatives in commercial property valuation: a case study of Klang Valley, Malaysia
title_full Incorporate environmental, social and governance initiatives in commercial property valuation: a case study of Klang Valley, Malaysia
title_fullStr Incorporate environmental, social and governance initiatives in commercial property valuation: a case study of Klang Valley, Malaysia
title_full_unstemmed Incorporate environmental, social and governance initiatives in commercial property valuation: a case study of Klang Valley, Malaysia
title_short Incorporate environmental, social and governance initiatives in commercial property valuation: a case study of Klang Valley, Malaysia
title_sort incorporate environmental, social and governance initiatives in commercial property valuation: a case study of klang valley, malaysia
topic H Social Sciences (General)
HD Industries. Land use. Labor
HF Commerce
url http://eprints.utar.edu.my/7046/
http://eprints.utar.edu.my/7046/1/MKOR25106_Research_Project.pdf