Indoor Air Quality and Office Property Value

Kwame Addae-Dapaah, Tham Kok Wai, Mohd Jaafar Bin Dollah and Yvonne Foo

Journal of Sustainable Real Estate, 2010, vol. 2, issue 1, 91-115

Abstract: Urbanization and technological advancement have resulted in many urbanites working in window-sealed high-rise office buildings. Many researchers have found that indoor air quality (IAQ) affects tenantlandlord relationships, workers' health and productivity, and building elements and systems. This may imply that IAQ could affect, positively or negatively, the value of buildings. This paper examines the impact of IAQ on the value of office buildings in Singapore. The results show that the return on investment in IAQ could be substantial (78.56%) while property values could increase by 1.28% to 3.85%. The findings could be of interest and usefulness to valuers and investors in office properties in Singapore and thus, help to promote sustainability in office property developments.

Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/10835547.2010.12091799 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rsrexx:v:2:y:2010:i:1:p:91-115

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rsre20

DOI: 10.1080/10835547.2010.12091799

Access Statistics for this article

Journal of Sustainable Real Estate is currently edited by Julia Freybote

More articles in Journal of Sustainable Real Estate from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().