Housing equilibrium price framework for Malaysian middle Class group in affordable housing market

Failure in getting housing equilibrium price for affordable housing market has become a hot topic that is often discussed in the press due to the imbalance between housing demanded and supplied. The basic purpose of the research was to investigate the relationship between macroeconomic housing deman...

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Main Author: Ramli, Fazilah
Format: Thesis
Language:English
English
English
Published: 2017
Subjects:
Online Access:http://eprints.uthm.edu.my/7840/1/24p%20FAZILAH%20RAMLI.pdf
http://eprints.uthm.edu.my/7840/2/FAZILAH%20RAMLI%20COPYRIGHT%20DECLARATION.pdf
http://eprints.uthm.edu.my/7840/3/FAZILAH%20RAMLI%20WATERMARK.pdf
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spelling my-uthm-ep.78402022-10-12T03:12:04Z Housing equilibrium price framework for Malaysian middle Class group in affordable housing market 2017-08 Ramli, Fazilah HD Industries. Land use. Labor HD7260-7780.8 Industrial hygiene. Industrial welfare Failure in getting housing equilibrium price for affordable housing market has become a hot topic that is often discussed in the press due to the imbalance between housing demanded and supplied. The basic purpose of the research was to investigate the relationship between macroeconomic housing demand and supply detenninant factors and affordable housing needs in Malaysia, and to dete1111ine the equilibrium house price for middle-class income in the affordable housing market. The research involved the development of theoretical framework by synthesising the models and framework developed by past researchers on the housing equilibrium price framework. It also uses time series analysis together with regression analysis to collect and analyse data. As initial, 371 respondents from household's side and 32 respondents from developer's side in Melaka Tengah were selected as samples as case study in Melaka. During data analysed, around 200 questionnaires from households and 32 questionnaires from developers can be used. The data was analysed using SPSS software to investigate the relationship between macroeconomic housing demand and supply determinant factors towards the needs f and supply of afordable housing market. From the investigation, current house price, monetary status and population changes are the most critical factors that lead to the needs of affordable housing supplies. Meanwhile, developers put the interest rate, government interventions and population changes as the catalyst to develop the affordable housing projects. On the other hand, the empirical data of housing prices are collected from NAPIC from 2006 to 2015. The equilibrium price calculated from the sales perfonnance within four quarter reported by NAPIC is examined using linear regression method. Based on these themes, the research contended that the housing equilibrium price can be achieved using empirical data from demand and supply with supported from current house price, monetary status and population changes the interest rate, government interventions and population changes. Hence, government is the key player and be a pulling effect in controlling the housing price by using the housing demand and supply determinant factor to create a win-win situation between middle-class income and housing developers. 2017-08 Thesis http://eprints.uthm.edu.my/7840/ http://eprints.uthm.edu.my/7840/1/24p%20FAZILAH%20RAMLI.pdf text en public http://eprints.uthm.edu.my/7840/2/FAZILAH%20RAMLI%20COPYRIGHT%20DECLARATION.pdf text en staffonly http://eprints.uthm.edu.my/7840/3/FAZILAH%20RAMLI%20WATERMARK.pdf text en validuser mphil masters Universiti Tun Hussein Onn Malaysia Fakulti Pengurusan Teknologi dan Perniagaan
institution Universiti Tun Hussein Onn Malaysia
collection UTHM Institutional Repository
language English
English
English
topic HD Industries
Land use
Labor
HD Industries
Land use
Labor
spellingShingle HD Industries
Land use
Labor
HD Industries
Land use
Labor
Ramli, Fazilah
Housing equilibrium price framework for Malaysian middle Class group in affordable housing market
description Failure in getting housing equilibrium price for affordable housing market has become a hot topic that is often discussed in the press due to the imbalance between housing demanded and supplied. The basic purpose of the research was to investigate the relationship between macroeconomic housing demand and supply detenninant factors and affordable housing needs in Malaysia, and to dete1111ine the equilibrium house price for middle-class income in the affordable housing market. The research involved the development of theoretical framework by synthesising the models and framework developed by past researchers on the housing equilibrium price framework. It also uses time series analysis together with regression analysis to collect and analyse data. As initial, 371 respondents from household's side and 32 respondents from developer's side in Melaka Tengah were selected as samples as case study in Melaka. During data analysed, around 200 questionnaires from households and 32 questionnaires from developers can be used. The data was analysed using SPSS software to investigate the relationship between macroeconomic housing demand and supply determinant factors towards the needs f and supply of afordable housing market. From the investigation, current house price, monetary status and population changes are the most critical factors that lead to the needs of affordable housing supplies. Meanwhile, developers put the interest rate, government interventions and population changes as the catalyst to develop the affordable housing projects. On the other hand, the empirical data of housing prices are collected from NAPIC from 2006 to 2015. The equilibrium price calculated from the sales perfonnance within four quarter reported by NAPIC is examined using linear regression method. Based on these themes, the research contended that the housing equilibrium price can be achieved using empirical data from demand and supply with supported from current house price, monetary status and population changes the interest rate, government interventions and population changes. Hence, government is the key player and be a pulling effect in controlling the housing price by using the housing demand and supply determinant factor to create a win-win situation between middle-class income and housing developers.
format Thesis
qualification_name Master of Philosophy (M.Phil.)
qualification_level Master's degree
author Ramli, Fazilah
author_facet Ramli, Fazilah
author_sort Ramli, Fazilah
title Housing equilibrium price framework for Malaysian middle Class group in affordable housing market
title_short Housing equilibrium price framework for Malaysian middle Class group in affordable housing market
title_full Housing equilibrium price framework for Malaysian middle Class group in affordable housing market
title_fullStr Housing equilibrium price framework for Malaysian middle Class group in affordable housing market
title_full_unstemmed Housing equilibrium price framework for Malaysian middle Class group in affordable housing market
title_sort housing equilibrium price framework for malaysian middle class group in affordable housing market
granting_institution Universiti Tun Hussein Onn Malaysia
granting_department Fakulti Pengurusan Teknologi dan Perniagaan
publishDate 2017
url http://eprints.uthm.edu.my/7840/1/24p%20FAZILAH%20RAMLI.pdf
http://eprints.uthm.edu.my/7840/2/FAZILAH%20RAMLI%20COPYRIGHT%20DECLARATION.pdf
http://eprints.uthm.edu.my/7840/3/FAZILAH%20RAMLI%20WATERMARK.pdf
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