Badan Pendidikan dan Pelatihan Keuangan

This study investigates the intersection of sustainability factors and real&#160; estate investments in the regions of West Sumatera, Riau, and Riau Islands. By&#160; combining qualitative analysis and machine learning algorithms, we aim to&#160; uncover the preferences, behaviors, and determinants that influence real estate&#160; investment decisions in these areas. The findings reveal varying levels of&#160; understanding among respondents regarding sustainable investments, with a&#160; significant portion lacking awareness of ESG (Environment, Social,&#160; Governance) principles. Key sustainability factors such as accessibility to public&#160; transportation, proximity to green spaces, and energy efficiency emerged as&#160; critical determinants influencing investment decisions. Additionally, strong&#160; associations were identified between sustainability factors and purchase&#160; determinants like facilities, price, and security, highlighting the complex nature&#160; of decision-making in real estate investments.
 The study offers practical implications for real estate developers,&#160; governments, and investors. It emphasizes the need for education and promotion&#160; to enhance awareness of sustainable investments. Developers are encouraged to&#160; integrate sustainability features into their projects, while government incentives&#160; and supportive policies can further facilitate sustainable development. Despite&#160; limitations such as a small sample size and regional focus, the research&#160; contributes to existing literature by underscoring the economic and&#160; environmental benefits of sustainable real estate investments. It provides a&#160; comprehensive analysis that can inform future research and practical applications, promoting informed decision-making and fostering sustainable development in the real estate market