Journal Cover International Journal of Sustainable Real Estate and Construction Economics
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   Hybrid Journal Hybrid journal (It can contain Open Access articles)
   ISSN (Print) 2059-7770 - ISSN (Online) 2059-7789
   Published by Inderscience Publishers Homepage  [427 journals]
  • The impact of stock market and macroeconomic variables on real estate
           prices dynamics: evidence from Saudi Arabia
    • Authors: Rajagopal, Ananya Rajagopal
      Pages: 3 - 15
      Abstract: To enhance portfolio return and achieve diversification, Saudi investors have long been seeking opportunities in real estate markets since the crash of Saudi stock market on February 2006. The aim of this paper is to explain the determinants of real estate price dynamics in the case of Saudi Arabia. Using monthly data from January 2008 to December 2012, we examine the impact of key monetary policy and macroeconomic variables, including money supply growth, inflation rates and interest rate, on the real estate price growth dynamics in Saudi Arabia. We study also the effect of stock market conditions (return and conditional volatility) on explaining real estate price movement. This study has important implications for investment decision and real estate market analysis in the case of an important real estate market.
      Keywords: real estate; monetary policy; stock market; quantile regression
      Citation: International Journal of Sustainable Real Estate and Construction Economics, Vol. 1, No. 1 (2017) pp. 3 - 15
      PubDate: 2017-06-06T23:20:50-05:00
      DOI: 10.1504/IJSRECE.2017.084354
      Issue No: Vol. 1, No. 1 (2017)
       
  • Effects of skills, motivation, and personality traits on the competency of
           masons
    • Authors: Rafiq Muhammad Choudhry, Bilal Zafar
      Pages: 16 - 30
      Abstract: Incompetency of masons is a problem because they execute many construction activities. This imparts the need to identify factors that affect the competency of masons on construction sites. Factors related to motivation, skills and personality traits are identified. A questionnaire instrument consisting of 15 factors related to the three categories was forwarded to masons on construction projects. Responses collected on a five-point Likert scale were analysed for relative importance index (RII), which was used as the basis for ranking the factors. 'Resistance to change', 'lack of appreciation', and 'lack of formal training' were identified as the first, second, and third most important factors affecting the competency of masons on construction projects. The impact of the category of motivation was found to be the highest on the competency of masons, followed by skills, and personality traits. These findings may be utilised as an assessment tool for determining the competency of masons and identifying areas that need improvements.
      Keywords: masons; competency; performance; skills; motivation; personality traits
      Citation: International Journal of Sustainable Real Estate and Construction Economics, Vol. 1, No. 1 (2017) pp. 16 - 30
      PubDate: 2017-06-06T23:20:50-05:00
      DOI: 10.1504/IJSRECE.2017.084358
      Issue No: Vol. 1, No. 1 (2017)
       
  • Barriers and challenges to smart buildings' concepts and technologies
           in Brazilian social housing projects
    • Authors: José Alcides Gobbo Junior, Maria Goretti Zago Nunes De Souza, Simone Cristina De Oliveira Gobbo
      Pages: 31 - 50
      Abstract: Smart building research is commonly explored in commercial buildings and less studied in the context of social housing. In this context, this article aims to diagnose the main barriers to the adoption of smart buildings' concepts and technologies in social housing projects in Brazil. The 'Expert Interviews' method was used with seven Brazilian experts in the fields of smart buildings and social housing, based on the assumption that experts have special knowledge, which are related to a special field. The main barriers categories identified in this study can be summarised in: 1) economic; 2) policy; 3) social; 4) technical. Based on these results, the study aims to contribute with possible solutions and guidelines to overcome such barriers, and discusses propositions that can be improved into hypothesis for later empirical testing.
      Keywords: smart building; smart home; barrier; social housing; expert interview; smart homes; building technologies; smart grid; smart meters; sustainable buildings
      Citation: International Journal of Sustainable Real Estate and Construction Economics, Vol. 1, No. 1 (2017) pp. 31 - 50
      PubDate: 2017-06-06T23:20:50-05:00
      DOI: 10.1504/IJSRECE.2017.084362
      Issue No: Vol. 1, No. 1 (2017)
       
  • Optimal bid model for construction contracts
    • Authors: José Alcides Gobbo Junior, Maria Goretti Zago Nunes De Souza, Simone Cristina De Oliveira Gobbo
      Pages: 51 - 66
      Abstract: Construction clients are increasingly calling for bids that require contractors to submit both bid price and highlight sustainability attributes. Contractors are faced with the problem of deciding which combination of bid price and sustainability attributes to submit. An important consideration is the cost of sustainability attributes to the client. This varies between contracts and types of projects. This paper proposes the use of a sustainability unit value which the client can use as a basis for determining the contractor's total combined bid. This kind of procurement method is traditionally known as the A+B method. To illustrate the mechanism of price-sustainability attribute bi-parameter procurement, a total combined ISO-map is developed. The contractor's price-sustainability performance curve is then incorporated into the map to determine the contractor's optimal bid parameters: tender price and sustainability performance. A mathematical optimisation bid model is developed for calculating the optimal bid parameters.
      Keywords: optimal bid value; price; sustainability attributes; construction contracts
      Citation: International Journal of Sustainable Real Estate and Construction Economics, Vol. 1, No. 1 (2017) pp. 51 - 66
      PubDate: 2017-06-06T23:20:50-05:00
      DOI: 10.1504/IJSRECE.2017.084374
      Issue No: Vol. 1, No. 1 (2017)
       
  • Improved storage and distribution of water in multi-storeyed residential
           buildings in semi-urban communities of India
    • Authors: José Alcides Gobbo Junior, Maria Goretti Zago Nunes De Souza, Simone Cristina De Oliveira Gobbo
      Pages: 67 - 76
      Abstract: The distribution of daily requirement of water in multi-storeyed semi-urban residential buildings in India involves pumping from the ground level to a reservoir at the top, and gravity feed to all levels below. String diagrams bring out the scope for reduction of unnecessary movement of water. A modified storage arrangement is proposed resulting in a small saving in energy required for water distribution, aggregating to a considerable amount for a locality over time, thus improving sustainability. The estimated savings reaches up to 25%-30% for buildings with four to six levels, increasing to 50% for high number of levels. Other benefits like metering, easy maintenance also could result. However, one of the problems involved in implementation is the higher initial costs involved in terms of foregone space occupied by the tanks at each level, and additional costs of storage tanks, which are key aspects in the economics of construction.
      Keywords: multilevel storage; water distribution; pumping energy; high rise buildings; storage tanks; sustainability; construction economics; semi-urban; string diagram; energy savings; urban real estate; India
      Citation: International Journal of Sustainable Real Estate and Construction Economics, Vol. 1, No. 1 (2017) pp. 67 - 76
      PubDate: 2017-06-06T23:20:50-05:00
      DOI: 10.1504/IJSRECE.2017.084397
      Issue No: Vol. 1, No. 1 (2017)
       
  • Excellence board of public housing in the Netherlands through a coherent
           set of values
    • Authors: José Alcides Gobbo Junior, Maria Goretti Zago Nunes De Souza, Simone Cristina De Oliveira Gobbo
      Pages: 77 - 88
      Abstract: Housing associations make too small a contribution to society, the government has to step in too frequently because of maladministration, and the associations' executives are often unaware of the far-reaching impact of their decisions. These are the conclusions of new academic research conducted by Jan Veuger of Rotterdam School of Management, Erasmus University (RSM). In his dissertation, he asserts that in numerous cases there is no correlation between social and financial objectives. After extensive exploration of the literature and PhD studies the research design inspired based on the grounded theory, which has a certain bias as a result of the extensive literature study. My contribution to science is also showing patterns of board behaviour, whether or not in conjunction with societal and financial values of housing associations. This contribution complements studies on the culture of housing associations (Dreimüller, 2008; Sinke, 2014) or only driver behavior (Heemskerk, 2013) or history of housing corporations (Beekers, 2012) or about the behaviour of housing associations (Koolma, 2009).
      Keywords: housing associations; corporate real estate management; CREM; board-Netherlands
      Citation: International Journal of Sustainable Real Estate and Construction Economics, Vol. 1, No. 1 (2017) pp. 77 - 88
      PubDate: 2017-06-06T23:20:50-05:00
      DOI: 10.1504/IJSRECE.2017.084369
      Issue No: Vol. 1, No. 1 (2017)
       
  • Towards a smart city through household recycling and waste management: a
           study on the factors affecting environmental friendliness lifestyle of
           Guamanian
    • Authors: Kevin K.W. Ho, Stuart So
      Pages: 89 - 108
      Abstract: Cities that can improve their environmental performance will benefit from having a healthier, more productive populace that enjoys a better quality of life. This study attempts to answer the question of how to create a 'smart' sustainable city through developing a culture of sustainability from a waste management perspective. With this concept in mind, a waste reduction model is theorised. The model is tested with the data obtained from Guam with the aim of helping Guamanian develop better environmental friendlier lifestyle. The results show that the more users reach the media with sustainability message, the more impact on their pro-environmental behaviour. It is suggested that the Guam authority should better utilise the media to educate the public such as designing a better media campaign to promote environmentally friendly custom.
      Keywords: Hofstede cultural dimensions; Guam; smart cities; sustainability; waste management
      Citation: International Journal of Sustainable Real Estate and Construction Economics, Vol. 1, No. 1 (2017) pp. 89 - 108
      PubDate: 2017-06-06T23:20:50-05:00
      DOI: 10.1504/IJSRECE.2017.084385
      Issue No: Vol. 1, No. 1 (2017)
       
 
 
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