Comparative Study on Refurbishment Project Process of Government and Non Government Organisation in Malaysia

Nur Khairul Fa Mustafa, Siti Hafsah bt Zulkarnain and Mohd Yunus A. Rahman

ERES from European Real Estate Society (ERES)

Abstract: The refurbishment project escalates as a sustainable building commodity that can be obtained to a marketable price and accordingly the reasons for the decision to initiate a refurbishment project are seen as a basis of demand. Refurbishment project becomes financially interesting whereas it increases the performance and value of the property. Early refurbishment or a short refurbishment cycle indicates that the built environment does not offer expected satisfaction to many building owners. Thus, refurbishment provides competition to all pleasure generating commodities. The reuse or recycle of building stock for refurbishment purposes is largely required as to make use and improve the existing resources. Lack of control by the Local Authorities has resulted unknown statistical data in refurbishment project. Enhancing the building refurbishment into a wider approach is a greater indeed which enable to provide well organize control and planning of refurbishment work. This study was aimed in providing a better understanding on the refurbishment projectís process implemented in the Malaysianís construction industry. This study was mainly provided results and findings of an interview which was conducted to identify the current practice of the government and non government organization in dealing with the process of refurbishment project. This study argued that their practice may be less effective and suggestion to the best practice in carrying the refurbishment process was compared with Standard Refurbishment Practice (SPR), a model practiced in United Kingdom. It also highlighted the problem related to the refurbishment process conducted throughout the case study which was further analysed from the organizations. This study concluded with the recommendation on the proposed refurbishment process in fulfilling the requirement among all.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2009-01-01
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