The Role of Valuer in Sustainable Valuation: A Review
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2018, Vol 8, Issue 2
Abstract
The purpose of this paper is to study the role of valuer in green building development. Green building is the main agenda of sustainability in built environment. While, valuer is one of the market player in built environment, which their existence indirectly influences the development of green building. Their capability in interpreting the value of building should be express clearly. Therefore, question arises whether valuer really understand green development concept and embrace the presence of green in valuation exercise. The objective of this study is to determine the issue in respect of valuer in valuing green building. Methodology used in this research is by conducting a review on previous research which valuer incorporating in green building valuation. This study discovers that there are issues and challenges in the role as valuer in green building valuation, lack of knowledge and awareness in green development as much as lack of information and data to interpret the value of green.
Authors and Affiliations
Lizawati Abdullah, Wan Nur Ayuni Wan Ab Rasid, Thuraiya Mohd
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