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Štaube, T, Leemeijer, B, Geipele, S, Kauškale, L, Geipele, I and Jansen, J (2016) Economic and financial rationale for age-friendly housing. Journal of Financial Management of Property and Construction, 21(02), 99-121.

Boyle, F and Thomson, C (2016) Establishing an evidence base for adapting social housing for an ageing population. Journal of Financial Management of Property and Construction, 21(02), 137-59.

Pantzartzis, E, Price, A D F and Pascale, F (2016) A built environment response to the rising costs of dementia. Journal of Financial Management of Property and Construction, 21(02), 160-87.

Ruddock, L and Ruddock, S (2016) The financial and economic challenges of housing provision for an ageing society. Journal of Financial Management of Property and Construction, 21(02), 85-98.

Siew, R Y J (2016) Assessing the readiness of sustainability reporting tools (SRTs) for an age-friendly built environment. Journal of Financial Management of Property and Construction, 21(02), 122-36.

  • Type: Journal Article
  • Keywords: construction; built environment; cost; age-friendly criteria; sustainability reporting tools
  • ISBN/ISSN:
  • URL: https://doi.org/10.1108/JFMPC-03-2015-0011
  • Abstract:
    Purpose Population ageing is expected to have an increasing impact on the economy and society. In particular, it creates a myriad of challenges for stakeholders in the construction and property sectors. The design of the built environment would now need to consider the requirements of the older population in the community. This paper aims to provide a study on the readiness of mainstream sustainability reporting tools (SRTs) in helping to create an age-friendly built environment. Design/methodology/approach First, a list of criteria representing the needs of the older community in the built environment is developed based on a rigorous literature survey and is validated with five focus groups. Then, using this list, SRTs are assessed for their age-friendly readiness. Findings The findings from this study show that not only are there variations across different SRTs but also a majority do not emphasize enough on age-friendly criteria. Research limitations/implications It is suggested that mainstream SRTs should consider allocating mandatory credits for age-friendly criteria. This would definitely encourage property developers and town planners to consider and plan for the needs of the older population. Originality/value This paper is original as none of the prior studies have considered assessing the readiness of SRTs in creating an age-friendly built environment.