Factors affecting price of houses from different stakeholders perspective

Fast economic development has resulted in associate increasing demand for residential housing among urban areas in Malaysia. Looking at the housing price in Malaysia, the price has increased dramatically. The purpose of this study is to provide an analysis on the factors affecting price of houses fr...

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Main Author:	Mohd. Jaafar, Muhammad Faqih
Format:	Thesis
Language:	English
Published:	2020
Subjects:	TA Engineering (General) Civil engineering (General)
Online Access:	http://eprints.utm.my/id/eprint/91991/1/MuhammadFaqihMohdMSKA2020.pdf
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id	my-utm-ep.91991
record_format	uketd_dc
spelling	my-utm-ep.919912021-08-30T05:11:07Z Factors affecting price of houses from different stakeholders perspective 2020 Mohd. Jaafar, Muhammad Faqih TA Engineering (General). Civil engineering (General) Fast economic development has resulted in associate increasing demand for residential housing among urban areas in Malaysia. Looking at the housing price in Malaysia, the price has increased dramatically. The purpose of this study is to provide an analysis on the factors affecting price of houses from different stakeholders. The objectives of this study are to determine the critical factors that affecting price of house, to rank the factors affecting price of houses according to the different stakeholder’s perspective and to provide an analysis on the factors affecting price of houses. There are four types of stakeholders included in this study which are from group of purchaser or buyer, developer or client, contractor or subcontractor and architect or consultant. The objectives are to identify the critical factors that influence price of house, to rank the affecting factors according to the different perspectives and to provide analyse on the affecting factors. Three parts of questionnaire survey were prepared; section A mainly on demographic information, section B is about ranking the selected influence factors and section C asking about respondent opinions. Questionnaire survey using face-to-face approach was conducted and a total of 60 responses were collected. Quantitative analysis was used to analyse the ranking factors in section B while thematic analysis used to analyse respondents point of views towards the current price of houses and other factors affecting price of houses as stated in Section C. The result showed that the top three factors that influence the housing price from the buyer or purchaser perspective is location of the house, land ownership price for development and eligibility of home loan, meanwhile from the developer or client’s perspective are land ownership price for development, gross domestic product and location of the house. Finally, from the contractor or sub-contractor perspective are land ownership price for development, location of the house and cost of construction materials meanwhile from the architect and consultant perspective are location of the house, gross domestic product and land ownership price for development. This study provide insight on the distribution of housing prices component and help in providing information for future study on regulating the house prices in Malaysia. 2020 Thesis http://eprints.utm.my/id/eprint/91991/ http://eprints.utm.my/id/eprint/91991/1/MuhammadFaqihMohdMSKA2020.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:134601 masters Universiti Teknologi Malaysia, Faculty of Engineering - School of Civil Engineering Faculty of Engineering - School of Civil Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	TA Engineering (General) Civil engineering (General)
spellingShingle	TA Engineering (General) Civil engineering (General) Mohd. Jaafar, Muhammad Faqih Factors affecting price of houses from different stakeholders perspective
description	Fast economic development has resulted in associate increasing demand for residential housing among urban areas in Malaysia. Looking at the housing price in Malaysia, the price has increased dramatically. The purpose of this study is to provide an analysis on the factors affecting price of houses from different stakeholders. The objectives of this study are to determine the critical factors that affecting price of house, to rank the factors affecting price of houses according to the different stakeholder’s perspective and to provide an analysis on the factors affecting price of houses. There are four types of stakeholders included in this study which are from group of purchaser or buyer, developer or client, contractor or subcontractor and architect or consultant. The objectives are to identify the critical factors that influence price of house, to rank the affecting factors according to the different perspectives and to provide analyse on the affecting factors. Three parts of questionnaire survey were prepared; section A mainly on demographic information, section B is about ranking the selected influence factors and section C asking about respondent opinions. Questionnaire survey using face-to-face approach was conducted and a total of 60 responses were collected. Quantitative analysis was used to analyse the ranking factors in section B while thematic analysis used to analyse respondents point of views towards the current price of houses and other factors affecting price of houses as stated in Section C. The result showed that the top three factors that influence the housing price from the buyer or purchaser perspective is location of the house, land ownership price for development and eligibility of home loan, meanwhile from the developer or client’s perspective are land ownership price for development, gross domestic product and location of the house. Finally, from the contractor or sub-contractor perspective are land ownership price for development, location of the house and cost of construction materials meanwhile from the architect and consultant perspective are location of the house, gross domestic product and land ownership price for development. This study provide insight on the distribution of housing prices component and help in providing information for future study on regulating the house prices in Malaysia.
format	Thesis
qualification_level	Master's degree
author	Mohd. Jaafar, Muhammad Faqih
author_facet	Mohd. Jaafar, Muhammad Faqih
author_sort	Mohd. Jaafar, Muhammad Faqih
title	Factors affecting price of houses from different stakeholders perspective
title_short	Factors affecting price of houses from different stakeholders perspective
title_full	Factors affecting price of houses from different stakeholders perspective
title_fullStr	Factors affecting price of houses from different stakeholders perspective
title_full_unstemmed	Factors affecting price of houses from different stakeholders perspective
title_sort	factors affecting price of houses from different stakeholders perspective
granting_institution	Universiti Teknologi Malaysia, Faculty of Engineering - School of Civil Engineering
granting_department	Faculty of Engineering - School of Civil Engineering
publishDate	2020
url	http://eprints.utm.my/id/eprint/91991/1/MuhammadFaqihMohdMSKA2020.pdf
_version_	1747818550724132864

Factors affecting price of houses from different stakeholders perspective

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