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Factors affecting purchasing decision of houses in the urban residential property market in Klang Valley, Malaysia

Property expansion can be considered as one of the essential activities that drive out the stability and enhances human being lifestyle. The overall evaluation of housing as a kind of investment product displays housing accounts for a large proportion of the average income in a mankind productive li...

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Main Authors: Paul Anthony Mariadas,, Hussin Abdullah,, Norehan Abdullah,
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2019
Online Access:http://journalarticle.ukm.my/19857/1/32630-101267-1-SM.pdf
http://journalarticle.ukm.my/19857/
https://ejournal.ukm.my/ebangi/issue/view/1185
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spelling my-ukm.journal.198572022-09-26T07:20:46Z http://journalarticle.ukm.my/19857/ Factors affecting purchasing decision of houses in the urban residential property market in Klang Valley, Malaysia Paul Anthony Mariadas, Hussin Abdullah, Norehan Abdullah, Property expansion can be considered as one of the essential activities that drive out the stability and enhances human being lifestyle. The overall evaluation of housing as a kind of investment product displays housing accounts for a large proportion of the average income in a mankind productive life. Housing investment is considered long term investment because it is the main point affecting the living standard of people from both macro and micro perspectives. Thus, the objective of this study is to determine the urban residential purchase decision in Klang Valley, Malaysia. Factors such as finance, location, neighbourhood, and structural attributes were investigated. Data was collected using a probabilistic sampling method, particularly a stratified random sampling technique. The descriptive approach, correlation, and multiple regression analysis are used to analyse the data. This research found three factors that influenced the urban residential property purchase decision in Klang Valley, Malaysia, which are finance, location and structural. By understanding the motivation behind purchasing their first home, investors would be able to gauge the factors that matter most before investing in the urban property market. Penerbit Universiti Kebangsaan Malaysia 2019 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/19857/1/32630-101267-1-SM.pdf Paul Anthony Mariadas, and Hussin Abdullah, and Norehan Abdullah, (2019) Factors affecting purchasing decision of houses in the urban residential property market in Klang Valley, Malaysia. e-BANGI: Jurnal Sains Sosial dan Kemanusiaan, 16 (4). pp. 1-9. ISSN 1823-884x https://ejournal.ukm.my/ebangi/issue/view/1185
institution Universiti Kebangsaan Malaysia
building Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description Property expansion can be considered as one of the essential activities that drive out the stability and enhances human being lifestyle. The overall evaluation of housing as a kind of investment product displays housing accounts for a large proportion of the average income in a mankind productive life. Housing investment is considered long term investment because it is the main point affecting the living standard of people from both macro and micro perspectives. Thus, the objective of this study is to determine the urban residential purchase decision in Klang Valley, Malaysia. Factors such as finance, location, neighbourhood, and structural attributes were investigated. Data was collected using a probabilistic sampling method, particularly a stratified random sampling technique. The descriptive approach, correlation, and multiple regression analysis are used to analyse the data. This research found three factors that influenced the urban residential property purchase decision in Klang Valley, Malaysia, which are finance, location and structural. By understanding the motivation behind purchasing their first home, investors would be able to gauge the factors that matter most before investing in the urban property market.
format Article
author Paul Anthony Mariadas,
Hussin Abdullah,
Norehan Abdullah,
spellingShingle Paul Anthony Mariadas,
Hussin Abdullah,
Norehan Abdullah,
Factors affecting purchasing decision of houses in the urban residential property market in Klang Valley, Malaysia
author_facet Paul Anthony Mariadas,
Hussin Abdullah,
Norehan Abdullah,
author_sort Paul Anthony Mariadas,
title Factors affecting purchasing decision of houses in the urban residential property market in Klang Valley, Malaysia
title_short Factors affecting purchasing decision of houses in the urban residential property market in Klang Valley, Malaysia
title_full Factors affecting purchasing decision of houses in the urban residential property market in Klang Valley, Malaysia
title_fullStr Factors affecting purchasing decision of houses in the urban residential property market in Klang Valley, Malaysia
title_full_unstemmed Factors affecting purchasing decision of houses in the urban residential property market in Klang Valley, Malaysia
title_sort factors affecting purchasing decision of houses in the urban residential property market in klang valley, malaysia
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2019
url http://journalarticle.ukm.my/19857/1/32630-101267-1-SM.pdf
http://journalarticle.ukm.my/19857/
https://ejournal.ukm.my/ebangi/issue/view/1185
_version_ 1745563383036379136
score 13.211869

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