EXPLORING THE CRITICAL SUCCESS FACTORS OF VALUE MANAGEMENT FOR SUSTAINABLE PUBLIC HOUSING IN MALAYSIA: FINDINGS FROM A PRELIMINARY STUDY

• Published in: Malaysian Construction Research Journal
• Main Author: Yassin M.S.M.; Jaapar A.; Marhani M.A.; Bari N.A.A.
• Format: Article
• Language: English
• Published: Construction Research Institute of Malaysia 2023
• Online Access: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85194545008&partnerID=40&md5=cbfcd5b598d0ec5131dec1313ed442a7

Housing is becoming a global issue in urban development, particularly housing shortages for the urban poor in developing countries. The Malaysian government knows the situation and builds low-cost housing, particularly for the urban poor. However, many issues and problems arise when it comes to the sustainability of the houses. In the National Housing Policy (NHP) 2018-2025, the Ministry of Housing and Local Government recently emphasised the importance of housing quality and sustainable enhancement. The sustainability factor will significantly increase the value of construction projects, particularly public housing projects. As a result, value management (VM) is one of the most effective tools for ensuring public housing’s sustainable success. Despite establishing the framework for integration, the possibility of such integration within the Malaysian VM protocol for public housing projects remained unclear. Thus, this paper aims to contribute to a better and more comprehensive understanding of VM's critical success factors (CSFs) for public housing projects. A systematic literature review was conducted to understand the key topics better, and the findings were validated using a qualitative method involving semi-structured interviews with three personnel from a VM consultant in Malaysia. Previous studies provided the CSFs for VM, which were then contextually adjusted based on the semi-structured interviews. As a result, stakeholders & knowledge, effective workshops and culture & environment play a significant role in CSFs implementation VM. The findings outlined in this paper could be vital for the future framework of VM that can act as drivers to provide sustainable public housing. The framework could also guide decision-makers looking to maximise value for money and improve sustainability in Malaysian public housing projects. © 2023, Construction Research Institute of Malaysia. All rights reserved.