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Critical determinants of heritage property value: a conceptual framework

Real estate is complex in nature, whereby its value is determined by many characteristics. Heritage property is different as compared with non-heritage property, thus; it is essential to identify the heritage property value determinants due to limited published research about it. This paper closes t...

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Main Authors:	Adi Maimun, Nurul Hana, Ismail, Suriatini, Mohamad, Junainah, Md. Azmi, Fatin Afiqah, Mat Zin, Normayuni
Format:	Conference or Workshop Item
Language:	English
Published:	2018
Subjects:	G70.212-70.215 Geographic information system
Online Access:	http://eprints.utm.my/id/eprint/82458/1/NurulHanaAdi2018_Criticaldeterminantsofheritage.pdf http://eprints.utm.my/id/eprint/82458/ http://dx.doi.org/10.21837/pmjournal.v17.i9.600
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id	my.utm.82458
record_format	eprints
spelling	my.utm.824582019-10-08T07:14:46Z http://eprints.utm.my/id/eprint/82458/ Critical determinants of heritage property value: a conceptual framework Adi Maimun, Nurul Hana Ismail, Suriatini Mohamad, Junainah Md. Azmi, Fatin Afiqah Mat Zin, Normayuni G70.212-70.215 Geographic information system Real estate is complex in nature, whereby its value is determined by many characteristics. Heritage property is different as compared with non-heritage property, thus; it is essential to identify the heritage property value determinants due to limited published research about it. This paper closes the gap by reviewing the literature to identify the determinants. To achieve this, academic journals and conference papers in online databases from 1974 to 2017 have been reviewed. The results indicated that there are four groups of heritage property value determinants namely; i) transaction characteristics, ii) structural characteristics, iii) spatial characteristics, and iv) historical characteristics. It can be concluded that heritage property values are differentiated by historical characteristics notably on their architectural styles or design and the status of the heritage property itself. This finding should be a useful guidance for the valuers in valuation practice. 2018 Conference or Workshop Item PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/82458/1/NurulHanaAdi2018_Criticaldeterminantsofheritage.pdf Adi Maimun, Nurul Hana and Ismail, Suriatini and Mohamad, Junainah and Md. Azmi, Fatin Afiqah and Mat Zin, Normayuni (2018) Critical determinants of heritage property value: a conceptual framework. In: 9th International Real Estate Research Symposium IRERS 2018. http://dx.doi.org/10.21837/pmjournal.v17.i9.600
institution	Universiti Teknologi Malaysia
building	UTM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Teknologi Malaysia
content_source	UTM Institutional Repository
url_provider	http://eprints.utm.my/
language	English
topic	G70.212-70.215 Geographic information system
spellingShingle	G70.212-70.215 Geographic information system Adi Maimun, Nurul Hana Ismail, Suriatini Mohamad, Junainah Md. Azmi, Fatin Afiqah Mat Zin, Normayuni Critical determinants of heritage property value: a conceptual framework
description	Real estate is complex in nature, whereby its value is determined by many characteristics. Heritage property is different as compared with non-heritage property, thus; it is essential to identify the heritage property value determinants due to limited published research about it. This paper closes the gap by reviewing the literature to identify the determinants. To achieve this, academic journals and conference papers in online databases from 1974 to 2017 have been reviewed. The results indicated that there are four groups of heritage property value determinants namely; i) transaction characteristics, ii) structural characteristics, iii) spatial characteristics, and iv) historical characteristics. It can be concluded that heritage property values are differentiated by historical characteristics notably on their architectural styles or design and the status of the heritage property itself. This finding should be a useful guidance for the valuers in valuation practice.
format	Conference or Workshop Item
author	Adi Maimun, Nurul Hana Ismail, Suriatini Mohamad, Junainah Md. Azmi, Fatin Afiqah Mat Zin, Normayuni
author_facet	Adi Maimun, Nurul Hana Ismail, Suriatini Mohamad, Junainah Md. Azmi, Fatin Afiqah Mat Zin, Normayuni
author_sort	Adi Maimun, Nurul Hana
title	Critical determinants of heritage property value: a conceptual framework
title_short	Critical determinants of heritage property value: a conceptual framework
title_full	Critical determinants of heritage property value: a conceptual framework
title_fullStr	Critical determinants of heritage property value: a conceptual framework
title_full_unstemmed	Critical determinants of heritage property value: a conceptual framework
title_sort	critical determinants of heritage property value: a conceptual framework
publishDate	2018
url	http://eprints.utm.my/id/eprint/82458/1/NurulHanaAdi2018_Criticaldeterminantsofheritage.pdf http://eprints.utm.my/id/eprint/82458/ http://dx.doi.org/10.21837/pmjournal.v17.i9.600
_version_	1651866659776888832
score	13.211869

Critical determinants of heritage property value: a conceptual framework

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