An exploratory review of whole life cycle costing for Malaysia property development

Mat Noor, Noorsidi Aizuddin, Eves, Chris, & Abdul Mutalib, Noor Faizah (2012) An exploratory review of whole life cycle costing for Malaysia property development. Journal of Techno-Social, 4(1), pp. 37-47.

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The demand of implementing Whole Life Cycle Costing (WLCC) towards property development has increased since the launch of Value Management Circular 3/2009 by the Economic Planning Unit Malaysia. The circular made compulsory for all public construction projects and programme including property development estimated more than RM 50 Million to conduct WLCC. However, a knowledge gap on WLCC approach still exists and become a barrier among the practitioner in Malaysia particularly in property development industry. The main focus of this paper is to discuss the WLCC approach and introduce the indicator that need to be considered in Malaysia property development.

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ID Code: 56912
Item Type: Journal Article
Refereed: Yes
Keywords: Building, Property Development, Financial, Property, Budgeting
ISSN: 2229-8940
Subjects: Australian and New Zealand Standard Research Classification > ENGINEERING (090000)
Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000)
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Copyright Owner: Copyright 2012 The Authors
Deposited On: 07 Feb 2013 04:41
Last Modified: 10 Feb 2013 22:12

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