Post-conservation Evaluation (Pce): Financial Performance of Adaptive Reuse Museums in George Town, Malaysia

Adaptive reuse of historic buildings, a key strategy for conserving UNESCO World Heritage Sites like George Town, Malaysia, has not yet delivered stable financial returns for museums. Despite efforts to revitalize these structures, adaptive reuse museums face challenges such as low ticket sales revenue, high operational costs, and limited appeal to younger generations or business funders. A post-conservation evaluation (PCE) of four museums in George Town—Penang State Museum, Made in Penang Interactive Museum, Batik Painting Museum, and Dark Mansion-3D Glow in the Dark Museum—revealed that their financial performance remains unstable due to insufficient income generation relative to maintenance expenses. This study highlights the need for better financial strategies or decision-making frameworks to ensure sustainable adaptive reuse projects in culturally significant heritage buildings.

Abdul Aziz, M. F. (2020). POST-CONSERVATION EVALUATION (PCE): FINANCIAL PERFORMANCE OF ADAPTIVE REUSE MUSEUMS IN GEORGE TOWN, MALAYSIA. Planning Malaysia, 18(13). https://doi.org/10.21837/pm.v18i13.773