Influence of<i>Feng Shui</i>factors on house buying intention of Malaysian Chinese

Sia, Mal Kong; Yew, Vivien W.C.; Siew, Chee Lam

doi:10.1080/17452007.2018.1466684

Cited by 14 publications

(38 citation statements)

References 14 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Street location: A site or building should avoid being at the destructive road location such as T-junction, Y-junction or dead end, as there is an occurrence of Sha Chi (Lip, 1992). In this regard, Malaysian studies reported that houses facing T- and Y- junctions are unfavourable (Geh and Osmadi, 2015; Sia et al , 2018; Sia and Lu, 2006). As such, some vendors may have to be prepared to give a hefty discount for these units (Shanker, 2018).…”

Section: Findings and Discussionmentioning

confidence: 99%

“…As such, some vendors may have to be prepared to give a hefty discount for these units (Shanker, 2018). It is worth noting that a plethora of literature cautions that the building located at a destructive location will potentially cause adverse impact to the occupants (Lin et al , 2012; Sia et al , 2018; Tse and Love, 2000).…”

Section: Findings and Discussionmentioning

confidence: 99%

“…Given the size and scale of the real estate market, Feng Shui principles can be capitalised to attract prospective homebuyers along with creating a harmonious and enriched built environment that can demand a higher premium in the housing market for a multi-ethnic and multi-religious society. According to Sia et al (2018), prominent property development companies in Malaysia consistently engage the services of geomancers to plan for the favourable external layout, internal layout and interior arrangement to attract more buyers and demand higher prices.…”

Section: Feng Shui Considerations Impacting Residential Housing Selectionmentioning

confidence: 99%

“…The scene of the cemetery in front of the site is often a sign of bad fortune as it is related to death and thus regarded as bad luck (Tse and Love, 2000). Houses near the cemetery will gather Yin Chi easily and is a negative housing attribute (Lin et al , 2012; Sia et al , 2018).…”

Section: Feng Shui Considerations Impacting Residential Housing Selectionmentioning

confidence: 99%

“…It is also worth noting that their data are based on a homogeneous Chinese society which may delimit generalisation to a population with diverse ethnic background. In another study, Sia et al (2018) explored the influence of Feng Shui factors on residential property purchase intention but limited the study to Malaysian Chinese and fell short on looking at how Feng Shui considerations can affect house prices. Although they conclude that Feng Shui factors constrain property development and design of houses, the most considered attributes are not prioritised – leaving a gap on what is the favourable Feng Shui factors to design and the associated impact to residential property selection and prices.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

Feng Shui principles and the Malaysian housing market: what matters in property selection and pricing?

Yap

Lum

2020

View full text Add to dashboard Cite

PurposeThis study aims to investigate Feng Shui elements that can influence housing selection and property pricing in the Malaysian housing market.Design/methodology/approachA structured questionnaire encompassing 26 Feng Shui elements, which were shortlisted based on relevant previous studies, was distributed to prospective homebuyers in the Klang Valley region. The elements were inferred and ranked according to frequency, significance and importance scores. Kruskal–Wallis ANOVA tests were used to assess the ratings provided by the different respondent groups, while Spearman's rank correlation tests were utilised to measure the degree of agreement or disagreement among each pair of the ethnic group.FindingsThe results obtained indicate the following as the five most influential elements: orientation, main entrance, street location, house number and living room. Despite a multiethnic and multicultural society in Malaysia, Spearman's rank correlation tests showed that there are no differences in the prioritisation of Feng Shui elements between three distinct ethnic groups (Malay, Chinese and Indian). However, the distribution scores are statistically different between the groups. Comparing income level with Feng Shui inclinations, the three most frequently considered elements across the three income groups consistently include orientation, main entrance and street location.Practical implicationsThe findings of this study are expected to provide guidance to property stakeholders (developers, real estate agencies, architects, local authorities) in their future development projects. For homebuyers, this study serves as a property Feng Shui checklist for home selection and investment.Originality/valueThis study explored the association of Feng Shui principles to housing selection and property pricing based on cultural and income factors. These findings provide useful insights for designing and positioning of residential properties in both primary and secondary housing markets in Malaysia and beyond.

show abstract

Section: Findings and Discussionmentioning

confidence: 99%

Section: Findings and Discussionmentioning

confidence: 99%

Section: Feng Shui Considerations Impacting Residential Housing Selectionmentioning

confidence: 99%

Section: Feng Shui Considerations Impacting Residential Housing Selectionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations