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

Baharun, Norhayati; Masrom, Suraya; Roshidi, Afiqah

doi:10.5171/2021.676983

Cited by 2 publications

(3 citation statements)

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“…Regency. This finding is inconsistent with previous research which stated that accessibility relates to housing affordability [7], [11], [15]. More specifically, the study by Baharun et al (2021) demonstrated that access to shopping facilities, public transport, recreation, and education affects housing affordability [15].…”

Section: Tangerang Regencycontrasting

confidence: 79%

“…This difference suggests that distance still affects affordability, but proximity does not guarantee lower transportation costs. and housing affordability [7], [11], [15]. Accessibility itself represents the ease with which MBR families can reach various amenities such as shopping, education, recreation, and public transportation.…”

Section: Bekasi Regencymentioning

confidence: 99%

“…It is advised for future policymakers to develop more affordable housing near employment centers, which could impact household vitality [14]. Location attributes such as access to shopping facilities, public transport, recreation, education, and workplaces significantly influence housing affordability [15]. Location influences affordability where areas with the highest transportation costs are located on the outskirts of Melbourne City.…”

Section: Introductionmentioning

confidence: 99%

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A Comparative Analysis of Factors Affecting Housing Affordability for Low-Income Groups in Suburban Areas of Jakarta, Indonesia

Josephine,

Wiranegara,

Supriatna

2024

Int.J.Livable.Sp.

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The suburban areas of Jakarta have been chosen for the provision of subsidized housing to meet the needs of the Low-Income Community (MBR). The affordability level for MBR is a critical consideration in the provision of such housing. Suburban areas offer an advantage over inner-city areas due to relatively lower land prices. As a result, the development of housing for MBR has shifted to Jakarta's suburbs such as Bogor, Tangerang, and Bekasi Regencies. Previous research reviews have identified factors influencing MBR housing affordability, including housing location, housing accessibility, and travel behavior. Aims: This study aims to identify factors influencing Housing MBR affordability in Jakarta's suburban areas, including Tangerang, Bekasi, and Bogor Regencies. Methodology and results: Research variables include housing affordability, housing location, housing accessibility, and travel behavior. The research design uses a survey questionnaire method. The number of respondents from each regency is 40 MBR families residing in subsidized housing, randomly selected. The analysis technique used is multiple linear regression using Smart-PLS software. The study results show that the factors of housing location and travel behavior affect MBR housing affordability, while the accessibility factor does not. Conclusion, significance and impact study: In suburban areas, to make housing affordable for MBR, it is necessary to provide easily accessible, integrated, and affordable public transportation infrastructure; provision of various facilities accessible by walking/cycling; and considering the density of MBR housing to attract various parties to provide facilities.

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Section: Tangerang Regencycontrasting

confidence: 79%

Section: Bekasi Regencymentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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A Comparative Analysis of Factors Affecting Housing Affordability for Low-Income Groups in Suburban Areas of Jakarta, Indonesia

Josephine,

Wiranegara,

Supriatna

2024

Int.J.Livable.Sp.

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Navigating real estate purchase decisions: an interplay of influential factors

Sam,

Davidson,

George

et al. 2024

IJHMA

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Purpose The purpose of this study is to investigate the relationship between social trends, peer influence, personal attitudes regarding real estate purchase decisions, perception of long-term property value and the mediating effect of hedging in influencing property and real estate purchases. Design/methodology/approach Using a combination of quantitative surveys, this study aims to provide a comprehensive knowledge of the factors influencing real estate buying decisions. Data were obtained from 399 young consumers in four Indian cities. Using structural equation modeling, the suggested conceptual framework is examined. Findings The study’s findings suggest that attitude plays an important role in influencing real estate purchase decisions. Young adults also tend to look for long-term gains or value when purchasing a home. Developing durable products for the customers is the best way to grow business, according to the results. Originality/value To the best of the authors’ knowledge, this is the first paper that examines the role of sentimental, personal and financial factors in real estate purchase decisions. The study provides insights into how these factors interact and affect the decisions of consumers in real estate. The authors hope that the findings will be useful for real estate professionals to better tailor their services to meet the needs of their customers.

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

Cited by 2 publications

References 0 publications

A Comparative Analysis of Factors Affecting Housing Affordability for Low-Income Groups in Suburban Areas of Jakarta, Indonesia

A Comparative Analysis of Factors Affecting Housing Affordability for Low-Income Groups in Suburban Areas of Jakarta, Indonesia

Navigating real estate purchase decisions: an interplay of influential factors

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