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The implementation of green lease practices for office buildings in Kuala Lumpur, Malaysia

Yasmin Mohd Adnan (Department of Estate Management, Faculty of Built Environment, Universiti Malaya, Kuala Lumpur, Malaysia)
Nur Uyun Aman (Faculty of Built Environment, Universiti Malaya, Kuala Lumpur, Malaysia)
Muhammad Najib Razali (Department of Real Estate Management, Faculty of Geoinformation and Real Estate, Universiti Teknologi Malaysia, Johor Bahru, Malaysia)
Md. Nasir Daud (Department of Estate Management, Faculty of Built Environment, Universiti Malaya, Kuala Lumpur, Malaysia)

Property Management

ISSN: 0263-7472

Article publication date: 19 June 2017

Abstract

Purpose

With the impending development of green buildings in Kuala Lumpur, the capital city of Malaysia, managing the criteria within the requirements of the rating tool’s certification shall be the responsibility of the respective parties when these buildings are in operations. In tenanted buildings, a lease agreement spells out the responsibilities of the owner/landlord and the tenants. The paper aims to discuss these issues.

Design/methodology/approach

The main aim of this study is to gauge the implementation of green lease among office buildings in Kuala Lumpur. This is made through an initial review of the adoption of green building criteria as well as the determination of the drivers and barriers perceived by office building managers in implementing green lease.

Findings

A survey amongst the managers of top grade office buildings in Kuala Lumpur revealed that the majority practiced some of the green criteria outlined in the Green Building Index. It also revealed that the most significant green lease terms commonly acknowledged by the respondents were energy and water-saving consumption as well as recycled material usage.

Originality/value

Through the identification of the barriers to implement green lease, the most significant barriers identified were related to cost and financing. Having identified these obstacles, appropriate action can be taken to bring forward green lease awareness amongst the various stakeholders in the office building sector in ensuring the successful operation of green buildings.

Keywords

Citation

Mohd Adnan, Y., Aman, N.U., Razali, M.N. and Daud, M.N. (2017), "The implementation of green lease practices for office buildings in Kuala Lumpur, Malaysia", Property Management, Vol. 35 No. 3, pp. 306-325. https://doi.org/10.1108/PM-12-2015-0067

Publisher

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Emerald Publishing Limited

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