International Journal of Real Estate Studies
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    167 research outputs found

    A Review of Adequate Residential Housing Provision for Enhanced Occupants’ Work Performance

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    Adequate housing provision for the workforce ensures their maximum contribution to the fulfilment of the organisational goals and objectives; it ensures the comfort and security of the workers, thereby enhancing their work ethics, which results in increased efficiency and enhanced overall productivity. Housing is an essential contributor to a man\u27s quality of life, as people spend a significant portion of their lives in their residential homes. Hence, the adequacy of residential housing has a significant influence on the occupants’ quality of life and work output. Therefore, it is important to improve the quality of residential housing to the satisfaction of the occupant. Thus, this study aims to present a literature review on the provision of adequate housing to increase workers\u27 performance. Several literature sources are used to identify related studies that shed light on the relationship between adequate housing and occupant workers\u27 productivity. The study revealed the conceptual dimensions of residential housing adequacy and occupants’ work performance, which include the physical conditions of the house, the suitability of facilities in the house for its occupants, and the affordability of the house in terms of occupation. The study further revealed that good quality and appropriate facilities in a house are essential for the occupant\u27s physical and mental well-being, whereas unhealthy homes can negatively affect the occupant\u27s work performance and overall productivity. Therefore, to improve home dwellers\u27 work performance, stakeholders like owners, architects, estate managers, urban planners, builders, and construction engineers should prioritise the occupants\u27 general well-being and implement housing systems that promote high performance

    Facilitating Hotdesking in a Hybrid Office Environment: Lessons from the Hotdesking Experiences of Workers in a Malaysian GLC

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    In recent years, the dynamic evolution of work arrangements has prompted organisations to adopt hybrid office environments, where remote work and on-site presence harmonise. Within this context, hotdesking has emerged as a flexible solution for optimising workspace utilisation and fostering collaboration. This research explores the experiences of workers within a prominent Malaysian Government-Linked Company (GLC). The qualitative research presented herein aligns with three pivotal research objectives, collectively contributing to a comprehensive understanding of the hotdesking landscape within the Malaysian GLC context. This research captures the essence of how workers navigate different types of non-territorial activities that are associated with hotdesking. Through illuminating direct and participant observation as well as semi-structured walking interviews that were conducted between July and August of 2023, the study unveiled three types of work activities and six types of non-territorial work settings within the organisation. The aims revolves around an exploration of the underlying themes that define the hotdesking experiences of workers at the study site. This thematic analysis provides insides into how different underlying themes are shaping up based on the evolving spatial and social dynamics of the hybrid office. The findings demonstrate the crucial role of the physical workspace, the adaptive strategies employed by workers, and the multifarious factors contributing to their satisfaction levels. These insights provide valuable guidance to organisations seeking to cultivate effective and satisfying hybrid office environments. This research provides a holistic view of the intricate world of hotdesking, anchored in the experiences of workers within a Malaysian GLC. By addressing the research aims, it extends the understanding of hotdesking dynamics, contributing empirically derived insights that enrich the discourse on modern workspace strategies

    Study on the Design Quality Indicators for Building Evaluation of Taiwan Campus

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    Campus buildings play a crucial role in education. Designing campus buildings in Taiwan to meet high-quality standards is crucial due to the frequent seismic activity and the evolving requirements of modern education. Architects often rely on past experiences and regulations, which may only partially meet user needs, leading to suboptimal designs. This study examines the application of the Design Quality Indicator (DQI) framework to evaluate and enhance the design quality of campus buildings. We reviewed literature and cases to compile suitable DQI metrics, and then conducted the survey to assess various dimensions, including functionality, build quality, and impact. We also collaborated with property management experts to evaluate 60 campus buildings. The results indicate that teaching and dormitory buildings generally achieve higher levels of user satisfaction and operational efficiency. Conversely, administrative buildings show deficiencies in accessibility and innovation. Key issues identified include inadequate indoor environmental quality and insufficient adaptability to future needs. Recommendations for improvement focus on addressing these low-scoring areas through better design integration, flexible layouts, and sustainable technologies. This study highlights the need for continuous evaluation and adaptation in the design of campus buildings to meet the evolving requirements of the educational sector and ensure safety in earthquake-prone regions. Future research could explore the performance of buildings post-occupancy evaluation to assess the potential of incorporating DQI early in the design process, providing valuable insights for the field

    Transforming Construction Risk Management through Digital Tools: A Case Study from Ghana

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    The construction industry increasingly recognises digital tools\u27 transformative potential in managing and mitigating risks. Like many developing countries, Ghana\u27s construction industry has various risks, including health and safety hazards, technological failures, and supply chain disruptions. These risks can lead to project delays, cost overruns, and safety incidents. While digital tools offer a promising avenue for mitigating these risks, their adoption and impact in Ghana remain under-researched. This study investigates the potential of digital tools in mitigating construction risks in Ghana, focusing on the perceptions and experiences of construction professionals in the Cape Coast region. A purposive sample of 78 construction professionals in Cape Coast, including project managers, site engineers, and safety officers, was surveyed using a close-ended online questionnaire. Data were analysed using descriptive statistics and the Relative Importance Index (RII) to rank the significance of various factors and benefits using Microsoft Excel and Statistical Package for Social Sciences (SPSS) software. The study identified "health and safety risks" and "technological failures" as the most critical concerns for construction professionals. Using digital tools was perceived as highly influential in completing projects on time and within budget. Improved regulatory compliance and productivity were identified as the most significant benefits of digital tools, while improved worksite safety, though acknowledged, ranked lower in priority. The findings underscore the potential of digital tools to revolutionise construction risk management in Ghana and the need for greater awareness and education regarding the safety-enhancing capabilities of these tools. It is recommended that stakeholders invest in digital solutions, prioritise training programs, and consider cost-effective options suitable for the Ghanaian context. Future research could expand the geographical scope and include more diverse perspectives to refine further and implement digital risk management strategies in the construction sector

    Modular Housing: Is it a Catholicon for the Housing Stock Deficit in Lagos, Nigeria?

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    Modular homes appear to be a promising housing option that keeps pace with the rapid rate of urbanisation, especially in growing cities like Lagos. Consequently, this study investigates how professionals in the built environment perceive modular homes, with an emphasis on how they could be a potential solution to the deficit of housing in Lagos State, Nigeria. The primary goals are to navigate the multifaceted aspects of modular housing, examine its merits, identify barriers to its adoption, and gauge its feasibility in the Nigerian context. To achieve these, 200 questionnaires were disseminated among professionals in the built environment in Lagos, and 147 (73.5%) were returned. Descriptive and inferential statistics were used for data analysis. Key findings revealed that modular housing, due to its rapid construction timelines, is a time-efficient solution. However, concerns about initial investment costs and design flexibility emerged as potential barriers to adoption. There is also a clear acknowledgement of the environmental benefits of modular housing, with reduced construction waste indicating its sustainability. Factor analysis is pivotal for revealing deeper insights. For instance, respondents’ lack of in-depth knowledge about modular housing was a primary barrier, accounting for 62.67% of the variance. Similarly, advocacy for modular housing was seen as a significant strategy for its adoption, with 52.38% variability. However, challenges remain. A predominant belief among respondents is that modular homes might be inferior in quality to homes built using traditional construction methods. Furthermore, bureaucratic hurdles in obtaining permits could deter investors and developers from undertaking modular housing projects. In conclusion, although modular housing offers a beacon of hope for solving mass housing problems in burgeoning cities like Lagos, clear challenges remain. This study recommends more vigorous advocacy efforts, targeted government intervention, and robust public-private partnerships

    Exploring the Knowledge Structure and Development of ESG in Real Estate: A Bibliometric Approach

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    ESG, which denotes Environmental, Social, and Governance, constitutes a vital factor that affects the business operations and outcomes of various sectors and industries across the globe. The real estate industry is experiencing a rapid transformation that necessitates the incorporation of ESG into its fundamental practices and values. On the one hand, ESG enables real estate players to align their strategies and operations with global market developments and norms. On the other hand, ESG responds to the expectations and preferences of all the stakeholders, who are increasingly concerned about long-term sustainability. However, the existing literature has not yet established ESG in real estate as a holistic and stand-alone industry and research framework. Many studies have examined the environmental (E) factors, but the definitions of the social (S) and governance (G) factors remain unclear and are often mixed with corporate social responsibility (CSR). This study proposes ESG as a novel and holistic research framework for the real estate industry and conducts a bibliometric analysis of 28 bibliographic metadata retrieved from Scopus and the Web of Science following the PRISMA workflow. Clarifying the knowledge structure of ESG in real estate-related literature, this analysis presents the development trends and opportunities for future research from five perspectives: 1) overall development trend of scientific publications; 2) country performance; 3) world collaborative networks; 4) theoretical fundamentals (cited references and citations); and 5) thematic analysis

    Investment Performance of Local Government Shop Properties in Oke-Ogun Area, Oyo State, Nigeria: Implication for Sustainable Development

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    Local Government property seems to be among the least utilized and optimized resources, this is because the properties owned by the local government are perceived to be free items. The study examined the performance and the drivers of the performance of Local Government (LG) shop properties in Oke-Ogun, Oyo State, Nigeria, to provide information that could enhance the performance of public property for achieving Sustainable Development Goals (SDG 8 - sustainable economic growth & SDG 11 - sustainable cities and communities). Primary data was used for the study which was collected from two groups of respondents (227 property occupiers and 16 property managers who are local government employees). The study adopted a multistage sampling procedure, and the data obtained were analysed using descriptive and inferential statistics. The study covers ten (10) years (2013-2022), encompassing both before and after the recession. The study revealed that the Local Government properties performed with a positive total rate of return of 0.64%, which could be better. It further found that the average rental value for the LG shop properties is N2,714 while the leading drivers of performance are income, occupiers\u27 satisfaction and service delivery. The study therefore recommends improved management of public properties due to low average rental value and low return on investment. This will affect the LG\u27s attempt to contribute her quota financially to reach UN SDGs 8 & 11. It also recommends that the Department of Estate and Valuation of each local government should employ professionally registered Estate Surveyors and Valuers for improved management of public properties and better performance for achieving Sustainable Development Goals

    An Assessment of the Market Performance of Commercial and Residential Property Investments in Lekki, Lagos, Nigeria

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    The housing deficit issue in Lagos is creating investment opportunities for prospective investors to profit from in prime zones. Still, some investments are executed by investors with the assumption that their location or remitted rents validate their investment soundness. The purpose of this research was to assess the market performance of commercial and residential property investments in Lekki, Lagos, Nigeria with the target of directing sound investment decision-making amongst investors. Its objectives include; the examination of the drivers of demand for the two classes of property investment, the determination of the user demand hierarchy of the investment classes, the observation of factors that determine the market performance of the investment classes and the measurement of market performance of the investment classes in the study area. The Survey Research Design was adopted, while the sample selection was via Krejcie and Morgan’s technique. A total of 108 questionnaires were distributed across registered professional firms within Lekki. A total of 78 questionnaires were retrieved and a 72.23% response rate was achieved. Holding Period Return (HPR), Coefficient of Variation, Standard Deviation and Geometric Mean Return were employed in data analysis. It was discovered that the major driver of demand for commercial property investment in each zone of the Lekki axis is its business hub status, while the drivers for its residential counterpart are; Phase 1 (Prestige), Ikate (State of the economy) and Ikota (Level of infrastructure). The findings reveal that within Lekki, Ikota (11.4 & 9.63) had a better market performance of residential and commercial property investments compared to Ikate (10.87 & 9.16) and Phase 1 (10.08 & 9.04) in terms of their average holding period return and time weighted rate of return. The study recommended the consideration of the Ikota and Ikate axis for future residential and commercial investments by potential investors

    An Examination of the Influence of Housing Attributes on Residential Property Rental Value in South-western Nigeria Using the Hedonic Pricing Model

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    This study adopts the hedonic pricing model to examine the influence of housing attributes on residential property rental value in south-western, Nigeria. This is to provide information on the housing attributes that could increase residential property rental values based on the current market situation. The study used primary data and employed quantitative data analysis. The data obtained were analysed using descriptive and inferential statistics. The study revealed the significant factors that influence rental value across different residential property types in south-western Nigeria. The paper is significant because it provides the necessary information on the influence of housing attributes in the study area. Hence, it enhances increasing knowledge in profitability, which could shape both local and foreign investors\u27 investment decisions

    The Influence of Land Scarcity on Funeral Method Preferences in the Chinese Community

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    Chinese public cemeteries in Malaysia, also known as "Yishan," are dedicated burial sites specifically used by the Chinese community for the interment of their deceased loved ones. These cemeteries adhere to Chinese cultural and religious practices related to ancestor veneration and the afterlife. The cemetery land is mostly provided by the local government, and the local association is responsible for managing the cemetery. Since the Yishan located in the city are already nearing saturation, the government cannot afford to allocate land for new Yishan to the relevant guild members, making many Yishan difficult to find. Additionally, Chinese graves occupy more land than those of other races due to the burial practices. Consequently, the Chinese community faces a shortage of burial land, often having to resort to more expensive private cemeteries. This paper is based on a proposal by the Selangor senior exco member, Datuk Teng Chang Khim, to address the issue of land scarcity for Chinese burials. Teng expressed the Malaysia Funeral Association\u27s intention to promote flower burial in Malaysia, a method that uses less land, to alleviate this problem. Therefore, this research aims to identify the funeral methods preferred by the Chinese community and determine their preferences for these methods. In this study, quantitative analysis was adopted to collect data. Central Malacca was chosen as the research location because it is one of the states in Malaysia with a large Chinese population and may face cemetery land scarcity. A total of 384 respondents were needed for this analysis. The results indicate a high preference for flower burial among the respondents. Other methods, such as sea burial and ice burial, also showed satisfactory preference levels. Thus, this research provides insight to the Malaysia Funeral Association that the Chinese community in Malacca is interested in and prefers alternative funeral methods, such as flower burial, which could help address the issue of land scarcity for cemeteries in the future

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