Characteristic Qualities Affecting Landed House Prices

  • Muhamad Hilmi Mohamad @ Masri Faculty of Architecture, Planning and Surveying, Universiti Teknologi MARA, Malaysia
  • Abdul Hadi Nawawi Faculty of Architecture, Planning and Surveying, Universiti Teknologi MARA, Malaysia
  • Edie Ezwan Mohd Safian Faculty of Technology Management and Business, Universiti Tun Hussein Onn Malaysia
  • Ahmad Fawwaz Ahmad Saleh Faculty of Architecture, Planning and Surveying, Universiti Teknologi MARA, Malaysia
Keywords: House Quality, House Price, AHP, Delphi

Abstract

The research was conducted to find the characteristics quality of houses in Malaysia. The aim of this research was to produce the ranking characteristics of house qualities and determining its weightages. The methodology used in this research was primarily by using the Delphi Method to ascertain characteristics quality and also Analytical Hierarchy Process to determine the ranking of the characteristics quality. Data collection gathered through a structured questionnaire that incorporates the element of Saaty’s Scale using variables outlined from review and interview. A theoretical framework of the research was established from this that will lead to future research model.

Keywords: House Quality; House Price; AHP; Delphi

eISSN 2398-4279 © 2018. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia. 

 

References

Abdullah, L., Jaafar, S., & Taib, I. (2013). Ranking of Human Capital Indicators Using Analytic Hierarchy Process. Procedia - Social and Behavioural Sciences, 107(2007), 22–28. http://doi.org/10.1016/j.sbspro.2013.12.394

Basten, C., & Koch, C. (2015). The causal effect of house prices on mortgage demand and mortgage supply : Evidence from Switzerland R. Journal of Housing Economics, 30, 1–22. http://doi.org/10.1016/j.jhe.2015.07.001

Dinarvandi, M., Jafari, H., Mohamadi, M., & Hosseini, A. (2014). Improving the Quality of Service to the Urban Environment for Sustainable Development. Procedia - Social and Behavioural Sciences, 120, 487–495. http://doi.org/10.1016/j.sbspro.2014.02.128

Goepel, A. K. D. (2010). BPMSG AHP Excel Template with multiple Inputs, 1–6.

Hartley, D. (2014). The effect of foreclosures on nearby housing prices: Supply or dis-amenity? Regional Science and Urban Economics, 49, 108–117. http://doi.org/10.1016/j.regsciurbeco.2014.09.001

Karim, H. A. (2012). Low-Cost Housing Environment: Compromising Quality of Life? Procedia - Social and Behavioural Sciences, 35(December 2011), 44–53. http://doi.org/10.1016/j.sbspro.2012.02.061

Masri, M. H. b M. @, Nawawi, A. H. b, & Sipan, I. b. (2016). Review of Building, Locational, Neighbourhood Qualities Affecting House Prices in Malaysia. Procedia - Social and Behavioural Sciences, 234, 452–460. http://doi.org/10.1016/j.sbspro.2016.10.263

Mulliner, E., Smallbone, K., & Maliene, V. (2013). An assessment of sustainable housing affordability using a multiple criteria decision-making method. Omega, 41(2), 270–279. http://doi.org/10.1016/j.omega.2012.05.002

Omar, D., Omar, K. A., Othman, S., & Yusoff, Z. M. (2016). Youth Participation in Urban Neighbourhood Community. Procedia - Social and Behavioural Sciences, 234, 309–316. http://doi.org/10.1016/j.sbspro.2016.10.247

Panduro, T. E., & Veie, K. L. (2013). Classification and valuation of urban green spaces—A hedonic house price valuation. Landscape and Urban Planning, 120, 119–128. http://doi.org/10.1016/j.landurbplan.2013.08.009

Quyên, Đ. T. N. (2014). Developing University Governance Indicators and their Weighting System Using a Modified Delphi Method. Procedia - Social and Behavioural Sciences, 141, 828–833. http://doi.org/10.1016/j.sbspro.2014.05.144

Radeljak Kaufmann, P. (2016). Integrating factor analysis and the Delphi method in scenario development: A case study of Dalmatia, Croatia. Applied Geography, 71, 56–68. http://doi.org/10.1016/j.apgeog.2016.04.007

Rahadi, R. A., Wiryono, S. K., Koesrindartoto, D. P., & Syamwil, I. B. (2013). Attributes Influencing Housing Product Value and Price in Jakarta Metropolitan Region. Procedia - Social and Behavioural Sciences, 101, 368–378. http://doi.org/10.1016/j.sbspro.2013.07.211

Safian, E., & Nawawi, A. H. (2013). Characteristics of Purpose-built Office. Procedia - Social and Behavioural Sciences, 101, 575–584. http://doi.org/10.1016/j.sbspro.2013.07.230

Safian, E., Nawawi, A. H., & Sipan, I. (2014). Building and Locational Characteristic’s Quality of Purpose-Built Office and their Relationship with Rentals. MPRA, 64908(61160).

Saleh, A. F. A., Hwa, T. K., & Majid, R. (2016). Housing Mismatch Model in Suburban Areas. Procedia - Social and Behavioural Sciences, 234, 442–451. http://doi.org/10.1016/j.sbspro.2016.10.262

Published
2018-07-19
Section
Articles