Factors Affecting Housing Affordability among the Middle-Income Group in Selangor
This study aims to determine the factors affecting housing affordability among the middle-income group in Selangor and rank the factors affecting the housing affordability for this group. Malaysia has experienced rapid urban growth with the increase of urban population due to urbanisation and ra...
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| Main Authors: | , , |
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| Format: | Proceeding |
| Language: | en |
| Published: |
2022
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/40876/1/Teng_Factors_Affecting_Housing.pdf http://ir.unimas.my/id/eprint/40876/ http://www.prres.net/papers/Teng_Factors_Affecting_Housing.pdf |
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| Summary: | This study aims to determine the factors affecting housing affordability among the middle-income
group in Selangor and rank the factors affecting the housing affordability for this group. Malaysia has
experienced rapid urban growth with the increase of urban population due to urbanisation and rapid
economic activities since the 1950s. The rapid urban growth increases the population in the urban
area, leading to increased income levels and migration. This phenomenon has undoubtedly affected
the housing sector in the country. The housing sector in Malaysia has experienced fluctuating prices
as the demand for housing in the market increase. As house purchase is influenced by affordability, it
is important to understand and determine factors influencing the perception of affordability among
middle-income households to provide affordable housing for this group. The scope of this research
concentrates on the middle-income group in Selangor. The questionnaire was distributed to 100
respondents from the middle-income group in Selangor. The data from the questionnaire were
analysed using descriptive analysis and Relative Importance Index (RII) analysis. The study found six
factors affecting housing affordability among the middle-income group in Selangor: house price,
monthly income, housing loan, location, number of working adults in a household, and health status. |
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