Role of Green Infrastructure in Determining House Value in Labuan Using Hedonic Pricing Model

Nurul Nazyddah Mat Nazir, Noriah Othman, Abdul Hadi Nawawi
2015 Procedia - Social and Behavioral Sciences  
This study is to look at the trends of the housing price affected by green infrastructure elements by using the Hedonic Price Approach. The researchers embark on these objectives; (a) to analyze the green infrastructure components that affect the housing market price; and (b) to examine the regression analysis on the Hedonic Pricing Model. Labuan Botanical Garden becomes a major green infrastructure component in this study. A survey questionnaire were distributed to 386 respondents lived in the
more » ... ndents lived in the housing area within 1800meter radius from Botanical Garden. Interview and observation were conducted during the study to examine the community preferences towards their housing area.
doi:10.1016/j.sbspro.2015.01.051 fatcat:6y5lb4i7hnhjlnofvr5375otnq