The deciding factors for expatriate purchase of property in Malaysia

In an attempt to attract more foreigners residing in Malaysia, the government has developed Malaysia My Second Home (MM2H) scheme which enable foreigners to buy freehold properties. The aim of MM2H is to boost local economy of Malaysia through attracting financial-independent foreigners to spend a l...

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Main Author: Amer Adel, Shahad
Format: Undergraduates Project Papers
Language:English
Published: 2019
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Online Access:http://umpir.ump.edu.my/id/eprint/30196/1/The%20deciding%20factors%20for%20expatriate%20purchase%20of%20property.pdf
http://umpir.ump.edu.my/id/eprint/30196/
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spelling my.ump.umpir.301962020-12-22T13:55:55Z http://umpir.ump.edu.my/id/eprint/30196/ The deciding factors for expatriate purchase of property in Malaysia Amer Adel, Shahad T Technology (General) In an attempt to attract more foreigners residing in Malaysia, the government has developed Malaysia My Second Home (MM2H) scheme which enable foreigners to buy freehold properties. The aim of MM2H is to boost local economy of Malaysia through attracting financial-independent foreigners to spend a luxurious life in this country. Increased foreign direct investment in real estate properties and businesses, cash flow in fixed deposits as well as other spending in Malaysia are the potential advantages of long stay schemes in Malaysia Despite the importance of foreigner’s long stay scheme to the economy of Malaysia, in the current literature there are not many studies investigating the factors that attribute to decision making of expatriate regarding buying house in Malaysia, particularly in Kuantan. Therefore, the objective of this study is to investigate the effect of property attribute including house price, house type, house finishing such as kitchen cabinet, house design, the age of the house, property view such as house exterior feature, house layout plan, land area and property surrounding such as proximity to facilities, education area, work place and etc. on expatriate purchase of house in Kuantan Malaysia. Quantitative method in this study and 500 data was collected through self-administrated questionnaire. SPSS Software version 21 was used to analyze the data. The result of data analysis showed that all property attribute, property view and property surrounding have an effect on house purchase intention of Middle East individuals in Malaysia. Moreover, the findings of this study showed that most of the people believed that environment quality, security, proximity to facilities, view of the housing area such as north or south direct, house layout plan, house price, house title, house finishing, traffic congestion and land area are the most important issues that Middle East people consider while buying house in Malaysia. 2019-05 Undergraduates Project Papers NonPeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/30196/1/The%20deciding%20factors%20for%20expatriate%20purchase%20of%20property.pdf Amer Adel, Shahad (2019) The deciding factors for expatriate purchase of property in Malaysia. Faculty of Civil Engineering and Earth Resources, Universiti Malaysia Pahang.
institution Universiti Malaysia Pahang
building UMP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Pahang
content_source UMP Institutional Repository
url_provider http://umpir.ump.edu.my/
language English
topic T Technology (General)
spellingShingle T Technology (General)
Amer Adel, Shahad
The deciding factors for expatriate purchase of property in Malaysia
description In an attempt to attract more foreigners residing in Malaysia, the government has developed Malaysia My Second Home (MM2H) scheme which enable foreigners to buy freehold properties. The aim of MM2H is to boost local economy of Malaysia through attracting financial-independent foreigners to spend a luxurious life in this country. Increased foreign direct investment in real estate properties and businesses, cash flow in fixed deposits as well as other spending in Malaysia are the potential advantages of long stay schemes in Malaysia Despite the importance of foreigner’s long stay scheme to the economy of Malaysia, in the current literature there are not many studies investigating the factors that attribute to decision making of expatriate regarding buying house in Malaysia, particularly in Kuantan. Therefore, the objective of this study is to investigate the effect of property attribute including house price, house type, house finishing such as kitchen cabinet, house design, the age of the house, property view such as house exterior feature, house layout plan, land area and property surrounding such as proximity to facilities, education area, work place and etc. on expatriate purchase of house in Kuantan Malaysia. Quantitative method in this study and 500 data was collected through self-administrated questionnaire. SPSS Software version 21 was used to analyze the data. The result of data analysis showed that all property attribute, property view and property surrounding have an effect on house purchase intention of Middle East individuals in Malaysia. Moreover, the findings of this study showed that most of the people believed that environment quality, security, proximity to facilities, view of the housing area such as north or south direct, house layout plan, house price, house title, house finishing, traffic congestion and land area are the most important issues that Middle East people consider while buying house in Malaysia.
format Undergraduates Project Papers
author Amer Adel, Shahad
author_facet Amer Adel, Shahad
author_sort Amer Adel, Shahad
title The deciding factors for expatriate purchase of property in Malaysia
title_short The deciding factors for expatriate purchase of property in Malaysia
title_full The deciding factors for expatriate purchase of property in Malaysia
title_fullStr The deciding factors for expatriate purchase of property in Malaysia
title_full_unstemmed The deciding factors for expatriate purchase of property in Malaysia
title_sort deciding factors for expatriate purchase of property in malaysia
publishDate 2019
url http://umpir.ump.edu.my/id/eprint/30196/1/The%20deciding%20factors%20for%20expatriate%20purchase%20of%20property.pdf
http://umpir.ump.edu.my/id/eprint/30196/
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score 13.211869