The Significance of Sustainability Practices by the Malaysian Property Sector

Abstract

Sustainability has taken on increased significance in recent years, with ‘green buildings’ becoming increasingly important to tenants, owners and property developers. The purpose of this paper is to assess the implementation of sustainable property practices by property companies in Malaysia. This will be assessed by reviewing the annual reports and websites of the listed property companies in Malaysia to assess a range of sustainability criteria to determine the significance of sustainability practices in their property development activities. Some of Malaysian property companies are seen to be leading the sustainable property agenda, although the overall property company sector in Malaysia has room for improvement to align more fully with international best practice in sustainability.