scholarly journals Factors Affecting the Housing Affordability of Homebuyers in Perak: Measuring Transport Expenditure

2021 ◽  
pp. 1-11
Author(s):  
Norhayati BAHARUN ◽  
Suraya MASROM ◽  
Afiqah ROSHIDI
Keyword(s):  
Affordable Housing ◽  
Low Cost ◽  
Housing Prices ◽  
Income Group ◽  
Housing Affordability ◽  
Middle Income ◽  
Factors Affecting ◽  
Income Groups ◽  
Low Cost Housing ◽  
The Government

Increasing housing prices in Perak has made it difficult for homebuyers to own affordable housing. Housing affordability ensures that housing provided is affordable for every income group, especially the low and middle-income groups. It has brought the government and housing developers’ attention the issue of housing affordability by supplying public low-cost housing schemes.

scholarly journals HOUSING AND TRANSPORT EXPENDITURE: AN ASSESSMENT OF LOCATION HOUSING AFFORDABILITY

2018 ◽  
Vol 16 ◽  
Author(s):  
M. Azren Hassan ◽  
Hazlina Hamdan ◽  
Jamalunlaili Abdullah ◽  
Yusfida Ayu Abdullah
Keyword(s):  
Urban Area ◽  
Housing Prices ◽  
Income Group ◽  
Housing Affordability ◽  
Influential Factor ◽  
Housing Cost ◽  
Middle Income ◽  
Income Groups ◽  
Middle Income Group ◽  
Low And Middle Income

In every country, the ability to own a house is vital for the housing market. During the past five years, housing prices in the urban area in Malaysia are becoming severely unaffordable. Housing affordability ensures that housing provided is affordable for every income groups, especially the low and middle income group. The measurement of housing affordability uses household income and housing cost but disregards transportation expenditure which is a substantial amount of household expenditure. Location of housing influences transportation expenditure. The research determines the Location Housing Affordability for the low and middle income group in an urban area. This study quantitatively examines Putra Height as one of the mature residential neighbourhoods in Selangor as well as due to the availability of public transit in the area. Housing affordability and transportation affordability create an integrated Location Housing Affordability Index. Data analysis utilizes the measurement of Location Housing Affordability Index. The findings showed that Location Housing Affordability Index recognizes location as influential factor to housing affordability of 179 respondents from low and middle income group. The findings also suggested that the houses in the urban area were seriously unaffordable for the low and middle income groups. The contribution of the research is the emphasis on location as a part of housing affordability measurement.

scholarly journals HOUSING AND TRANSPORT EXPENDITURE: AN ASSESSMENT OF LOCATION HOUSING AFFORDABILITY

2018 ◽  
Vol 16 (6) ◽  
Author(s):  
M. Azren Hassan ◽  
Hazlina Hamdan ◽  
Jamalunlaili Abdullah ◽  
Yusfida Ayu Abdullah
Keyword(s):  
Urban Area ◽  
Housing Prices ◽  
Income Group ◽  
Housing Affordability ◽  
Influential Factor ◽  
Housing Cost ◽  
Middle Income ◽  
Income Groups ◽  
Middle Income Group ◽  
Low And Middle Income

In every country, the ability to own a house is vital for the housing market. During the past five years, housing prices in the urban area in Malaysia are becoming severely unaffordable. Housing affordability ensures that housing provided is affordable for every income groups, especially the low and middle income group. The measurement of housing affordability uses household income and housing cost but disregards transportation expenditure which is a substantial amount of household expenditure. Location of housing influences transportation expenditure. The research determines the Location Housing Affordability for the low and middle income group in an urban area. This study quantitatively examines Putra Height as one of the mature residential neighbourhoods in Selangor as well as due to the availability of public transit in the area. Housing affordability and transportation affordability create an integrated Location Housing Affordability Index. Data analysis utilizes the measurement of Location Housing Affordability Index. The findings showed that Location Housing Affordability Index recognizes location as influential factor to housing affordability of 179 respondents from low and middle income group. The findings also suggested that the houses in the urban area were seriously unaffordable for the low and middle income groups. The contribution of the research is the emphasis on location as a part of housing affordability measurement.

Assessing Low-Cost Housing Demand in Melaka: PLS-SEM Approach

2013 ◽  
Vol 838-841 ◽  
pp. 3156-3162 ◽  
Author(s):  
Noor Yasmin Zainun ◽  
Nadzirah Roslan ◽  
Aftab Hameed Memon
Keyword(s):  
Low Income ◽  
Goodness Of Fit ◽  
Housing Stock ◽  
Low Cost ◽  
Great Influence ◽  
Economic Factor ◽  
Housing Demand ◽  
Factors Affecting ◽  
Low Cost Housing ◽  
The Government

Housing is one of the basic needs of human. Population in Malaysia is increasing and expected to reach up to 35 million in year 2020. This phenomenon creates high demand for housing. To tackle the squatter problems, the government introduces low-cost housing. Low cost house is known as the government house, where the price is cheaper but still comfortable. Although there are many of low-cost housing projects have been completed to cope with the need of the citizen especially for low-income group. However, census report reveled that these is huge demand of low-cost housing. This demand might be because of various factors which are very essential to identify in order to meet the required demand of low cost houses. Hence, this study is carried out to assesse the demand of low cost housing in Melaka, determine the significant factors affecting demand of low-cost housing, and establish PLS-SEM model for assessing factors affecting low-cost housing demand. In this study, data are collected by distributing questionnaire in Melaka state. The collected data from survey was analyzed using statistical software SPSS and presented in graphs and chart. Further, factors affecting low cost housing demand in Melaka were modeled with the SmartPLS v2.0. The model shows the relationship between low cost housing demand and its indicators. The finding of the study showed that most significant indicators affecting the demand of low-cost housing in Melaka are the economic factors which include housing stock, inflation rate and Gross Domestic Products (GDP). The Goodness of Fit showed that the model has substantial explaining power for the assessing factors affecting low cost housing demand in Melaka which the values is 0.481. This means that the economic factor has a great influence on the low-cost housing demand in Melaka.

scholarly journals SYSTEMATIC ANALYSIS OF AFFORDABLE HOUSING DEVELOPMENT AND PRICING STRUCTURE IN SHENZHEN, CHINA

2015 ◽  
Vol 19 (1) ◽  
pp. 58-65 ◽  
Author(s):  
Chun Pong SING ◽  
Peter E. D. LOVE ◽  
Wing Hong FUNG ◽  
Yun Zi HE
Keyword(s):  
Housing Policy ◽  
Affordable Housing ◽  
House Prices ◽  
Housing Prices ◽  
Housing Development ◽  
Chinese Government ◽  
Systematic Analysis ◽  
Middle Income ◽  
The Government ◽  
Low And Middle Income

As a result of urban housing reform in China, it has become increasingly difficult for low and middle income families to purchase a house. In response to the growing demand for affordable housing, the Chinese Government has developed a specific housing policy to enable families to purchase properties from the private sector. The pricing mechanism of such housing is completely based on the family affordability and the profit margin of developers. To ensure the provision of housing for low and middle-income families, the future trend of affordable housing prices has become a concern for developers, consumers and may adversely influence the implementation of the current national housing policy. In this paper a systematic analysis of affordable housing development and its pricing structure is undertaken for the city of Shenzhen. As information pertaining to the factors influencing house prices is imperfect, a Grey model, which requires a limited amount of data to reflect unknown behavior, is constructed to provide a forecast for affordable house pricing. The analysis indicates that the government should adjust their current affordable housing policy to accommodate the forecasted upward trend in house prices.

scholarly journals COMBATING SQUATTERS IN MALAYSIA: DO WE HAVE ADEQUATE POLICIES AS INSTRUMENT?

2017 ◽  
Vol 16 (6) ◽  
Author(s):  
Yusfida Ayu Abdullah ◽  
Julieven Nonoi Kuek ◽  
Hazlina Hamdan ◽  
Farrah Lyana Mohd Zulkifli
Keyword(s):  
Affordable Housing ◽  
Low Income ◽  
Urban Areas ◽  
Low Cost ◽  
National Plan ◽  
Housing Provision ◽  
The Public ◽  
Low Income Groups ◽  
Low Cost Housing ◽  
The Government

The year 2014 had witnessed the scenario where most of the states in Malaysia pledged to declare themselves as Zero Squatter state. Thus far, most of the states in Malaysia are still striving to achieve the goal. The government has therefore aspires to reach the target by the year 2020. The Malaysian government under its 5-years National Plan has since introduced the low, medium and high cost housing categories. The housing policy was therefore designed to provide the public of all income levels, particularly the low-income groups, with affordable housing as part of an effort to eradicate squatters. However, despite the various policies, the number of squatter families remains large, especially in the urban areas. This paper therefore, intends to examine the instruments put forward by the government to eliminate squatters and assess the roles of related parties assigned to achieve the government’s mission. Through a qualitative approach, results demonstrated that Malaysia has various types of polices and guidance at both the federal and state levels in relation to low-cost housing provision. These would have supposed to help reduce the number of squatters in the country. However, to date, Malaysia is still experiencing problems with squatters. This calls for further investigation.

scholarly journals A PROPOSAL FOR AFFORDABLE WAQF HOUSING PROJECTS IN MALAYSIA: PUBLIC PERCEPTION OF HOUSE CHARACTERISTICS

2021 ◽  
Vol 19 (17) ◽  
Author(s):  
Nor Azizan Che Embi ◽  
Salina Kassim ◽  
Roslily Ramlee ◽  
Wan Rohaida Wan Husain
Keyword(s):  
Affordable Housing ◽  
Low Income ◽  
Structural Equation ◽  
Public Perception ◽  
Housing Prices ◽  
Housing Price ◽  
Income Group ◽  
Housing Affordability ◽  
High Income Group ◽  
Housing Projects

Housing affordability is important to ensure houses are affordable to everyone across all income categories, whether they are in the low-income, middle-income (M40), or high-income group. Building housing projects on waqf land will help increase the supply of affordable houses, especially targeted at the M40 group, while also addressing the shortage of affordable housing for the M40 cohort. This study analyses public perceptions of house characteristics and relate these factors to affordable housing prices. The independent variables are location, infrastructure, facilities, size, design and quality. By applying a quantitative research design, the study aims to understand the relationship between various demanded housing characteristics vis-a-vis the price of the house. A sample of 261 usable responses was analysed using the Structural Equation Modelling (SEM). The results show that house size is not statistically significant in influencing the housing price, while location, infrastructure and design of the house are positively significant factors. These findings are expected to provide important inputs to the relevant authorities on factors that are critical in influencing the prices of housing projects built on waqf land in Malaysia.

A Study on Affordable Housing Issues Among Middle-Income Groups (M40) in Malaysia

2021 ◽  
Vol 8 ◽  
pp. 73-90
Author(s):  
Muhammad Azwan Sulaiman ◽  
Adilah Binti Yusof ◽  
Muhammad Nazim Alias ◽  
Mohamad Isa Abdullah
Keyword(s):  
Affordable Housing ◽  
Past Research ◽  
Income Group ◽  
Survey Questionnaire ◽  
Middle Income ◽  
Housing Systems ◽  
Income Groups ◽  
Study Results ◽  
Middle Income Group ◽  
Fundamental Needs

Owning a house is an essential part of a human’s fundamental needs. The establishment of affordable housing that is adequate in number and fulfills liveable home standards is the major challenge in housing issues. Previous studies have found that the current interventions are insufficient in allowing average Malaysians to buy a home. The affordable housing-related issues that arise in Malaysia are not about the number of affordable houses in the market; however, it is about the availability of these houses for the middle-income groups. This study aims to investigate the issues and challenges faced by the middle-income group in dealing with affordable housing issues. This study is based on data from a survey questionnaire adapted from a past research which was similar in terms of affordable housing issues among middle-income earners. The data were analyzed and evaluated to rank the issues and provide recommendations. The findings suggest the establishment of an affordable housing agency to track and process affordable housing applications and approvals. The study results also suggest revising and improving the current affordable housing systems to help the middle-income groups to eventually own their first home. It is anticipated that the study can unravel the problems with affordable housing in this country.

scholarly journals Low Cost Housing Demand Factors in Malaysia

2015 ◽  
Vol 773-774 ◽  
pp. 1037-1041 ◽  
Author(s):  
Noor Yasmin Zainun ◽  
Siti Saharah Ismail
Keyword(s):  
Marital Status ◽  
Construction Industry ◽  
Affordable Housing ◽  
Low Cost ◽  
Housing Prices ◽  
Mean Value ◽  
Housing Demand ◽  
Lower Ranking ◽  
Low Cost Housing ◽  
Medium Cost

In Malaysia, housing is divided into four categories, which are low cost housing, low medium cost housing, medium cost housing, and high cost housing. Demand and supply of housing is a major challenge to the country because it is one catalyst for social economic structure. The purpose of this research is to identify the factors of low-cost housing demand in Malaysia and to confirm the factors among experts in construction industry players in Malaysia. All factors are identifying from previous studies. Questionnaires are distributed among experts in construction industry players in Malaysia for confirmation. The data from previous studies are analyzed using frequency analysis table and the ranking of the factors are determined based on the highest frequency. Data from the questionnaires then analyzed using "Mean Rank" method. Ranking of the factors are determined based on the mean value adopted from SPSS 16 software. 27 factors of low cost housing demand are determined based on the previous studies. Results from previous studies shows that housing prices are on the highest ranking. 11 factors in the lowest ranking which are number of household factors, quality homes, adequacy, subsidies, marital status, mortgage rates, functions, benefits, job, family life, and culture. Meanwhile, results among experts in construction industry players in Malaysia show that affordable housing factors are in the highest ranking and marital status at the lower ranking. 92.1% of experts agreed that the factors are significant. Therefore, all the factors can be applied as low cost housing demand factors in Malaysia. Keywords:factors,lowcosthousing,demand,

scholarly journals Factors Affecting the Demand of Affordable Housing among the Middle-Income Groups in Klang Valley Malaysia

2017 ◽  
pp. 1-10 ◽  
Author(s):  
Nurshuhada Zainon ◽  
Faizul Azli Mohd-Rahim ◽  
Syazwani Sulaiman ◽  
Saipol Bari Abd-Karim ◽  
Atikah Hamzah
Keyword(s):  
Affordable Housing ◽  
Middle Income ◽  
Factors Affecting ◽  
Income Groups ◽  
Klang Valley

Housing affordability sets us apart: The effect of rising housing prices on relocation behaviour

Urban Studies ◽  
2020 ◽  
pp. 004209802094348
Author(s):  
Tim Winke
Keyword(s):  
Affordable Housing ◽  
Low Income ◽  
Housing Prices ◽  
Real Estate Market ◽  
Housing Affordability ◽  
City Centre ◽  
Housing Cost ◽  
Middle Income ◽  
Time Dynamics ◽  
Quasi Experimental

Life course events such as new offspring or job loss affect a household’s demand for housing. At the same time, dynamics in the real estate market constrain where households find affordable housing. In a quasi-experimental design, this study examines the effect of increasing local housing prices on the relocation behaviour of low- and medium-income households. Difference-in-difference panel regressions using propensity score matching show that with rising local rental prices, low-income households are more likely to remain in their current housing and sustain higher levels of housing cost burden. If they move, they relocate further out of the city centre and to neighbourhoods with high unemployment rates. Rising housing markets facilitate socio-spatial segregation as middle-income households remain in economically better-off neighbourhoods. The findings highlight the additional costs of increasing housing prices in terms of the misallocation of housing and the spatial concentration of vulnerable households at the outskirts of cities.

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