Investigating the affordability of housing ownership among millennials in Penang / Nurfarisha Amira Ahmad Subri

Homeownership is recognized as a fundamental human need, but it remains a significant challenge in many developing countries, including Malaysia. This study addresses the persistent concern of affordable housing in Malaysia, specifically focusing on the challenges faced by Millennials in Penang. Ris...

Full description

Saved in:

Bibliographic Details
Main Author:	Ahmad Subri, Nurfarisha Amira
Format:	Thesis
Language:	English
Published:	2023
Subjects:	Real estate business Real property TH Building construction
Online Access:	https://ir.uitm.edu.my/id/eprint/92710/1/92710.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uitm-ir.92710
record_format	uketd_dc
spelling	my-uitm-ir.927102024-03-26T01:39:58Z Investigating the affordability of housing ownership among millennials in Penang / Nurfarisha Amira Ahmad Subri 2023 Ahmad Subri, Nurfarisha Amira Real estate business. Real property TH Building construction Estimates. Measurements. Quantities and cost Homeownership is recognized as a fundamental human need, but it remains a significant challenge in many developing countries, including Malaysia. This study addresses the persistent concern of affordable housing in Malaysia, specifically focusing on the challenges faced by Millennials in Penang. Rising house prices and low incomes hinder their ability to purchase homes, highlighting the need for targeted research and guidance. The lack of specific discussions on housing affordability in Penang for Millennials and the impact of demographic factors further emphasize the significance of this study. The aim of this research is to identify factors that influencing housing affordability among Millennials that benefit prospective buyers, developers, policy makers, and local authorities and rank the significant factors in influencing Millennials homeownership affordability. The study's scope encompasses Penang as a severely unaffordable housing market, targeting Millennials aged 20-40 years old. Questionnaire survey has been used to collect the data from the respondents. The total respondents that response to the survey are 400 respondents. However, the researcher had sort out the inappropriate respondents and only 384 valid samples are collected from the total of 400 samples distributed. The data collection employed a quantitative survey method, and the analysis utilized descriptive analysis of frequency analysis, mean analysis, and the Relative Important Index (RII). 2023 Thesis https://ir.uitm.edu.my/id/eprint/92710/ https://ir.uitm.edu.my/id/eprint/92710/1/92710.pdf text en public degree Universiti Teknologi MARA (UiTM) Faculty of Architecture, Planning and Surveying Fauzi, Nurul Sahida
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Fauzi, Nurul Sahida
topic	Real estate business Real property TH Building construction Real estate business Real property
spellingShingle	Real estate business Real property TH Building construction Real estate business Real property Ahmad Subri, Nurfarisha Amira Investigating the affordability of housing ownership among millennials in Penang / Nurfarisha Amira Ahmad Subri
description	Homeownership is recognized as a fundamental human need, but it remains a significant challenge in many developing countries, including Malaysia. This study addresses the persistent concern of affordable housing in Malaysia, specifically focusing on the challenges faced by Millennials in Penang. Rising house prices and low incomes hinder their ability to purchase homes, highlighting the need for targeted research and guidance. The lack of specific discussions on housing affordability in Penang for Millennials and the impact of demographic factors further emphasize the significance of this study. The aim of this research is to identify factors that influencing housing affordability among Millennials that benefit prospective buyers, developers, policy makers, and local authorities and rank the significant factors in influencing Millennials homeownership affordability. The study's scope encompasses Penang as a severely unaffordable housing market, targeting Millennials aged 20-40 years old. Questionnaire survey has been used to collect the data from the respondents. The total respondents that response to the survey are 400 respondents. However, the researcher had sort out the inappropriate respondents and only 384 valid samples are collected from the total of 400 samples distributed. The data collection employed a quantitative survey method, and the analysis utilized descriptive analysis of frequency analysis, mean analysis, and the Relative Important Index (RII).
format	Thesis
qualification_level	Bachelor degree
author	Ahmad Subri, Nurfarisha Amira
author_facet	Ahmad Subri, Nurfarisha Amira
author_sort	Ahmad Subri, Nurfarisha Amira
title	Investigating the affordability of housing ownership among millennials in Penang / Nurfarisha Amira Ahmad Subri
title_short	Investigating the affordability of housing ownership among millennials in Penang / Nurfarisha Amira Ahmad Subri
title_full	Investigating the affordability of housing ownership among millennials in Penang / Nurfarisha Amira Ahmad Subri
title_fullStr	Investigating the affordability of housing ownership among millennials in Penang / Nurfarisha Amira Ahmad Subri
title_full_unstemmed	Investigating the affordability of housing ownership among millennials in Penang / Nurfarisha Amira Ahmad Subri
title_sort	investigating the affordability of housing ownership among millennials in penang / nurfarisha amira ahmad subri
granting_institution	Universiti Teknologi MARA (UiTM)
granting_department	Faculty of Architecture, Planning and Surveying
publishDate	2023
url	https://ir.uitm.edu.my/id/eprint/92710/1/92710.pdf
_version_	1804889862508118016

Investigating the affordability of housing ownership among millennials in Penang / Nurfarisha Amira Ahmad Subri

Similar Items