Housing affordability index for districts in Perak

Housing Affordability is one of the major concerns for the State Government of Perak. Affordable housing is important as it has become an absolute necessity of residents, especially for B40 income households’ population in Perak. In Perak, the soaring house prices have made it almost impossible for...

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Main Authors: Mohamed Osman, Mariana, Muhamad Yusup, Siti Wahidah, Abdullah, Muhammad Faris, Shuid, Syafiee
Format: Article
Language:English
English
Published: American Scientific Publishers 2017
Subjects:
Online Access:http://irep.iium.edu.my/59128/
http://irep.iium.edu.my/59128/1/8%20EDITED%20Housing%20Affordability%20Index%20for%20Districts%20in%20Perak..pdf
http://irep.iium.edu.my/59128/9/59128-Housing%20Affordability%20Index%20for%20Districts%20in%20Perak_SCOPUS.pdf
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author Mohamed Osman, Mariana
Muhamad Yusup, Siti Wahidah
Abdullah, Muhammad Faris
Shuid, Syafiee
author_facet Mohamed Osman, Mariana
Muhamad Yusup, Siti Wahidah
Abdullah, Muhammad Faris
Shuid, Syafiee
author_sort Mohamed Osman, Mariana
building IIUM Repository
collection Online Access
description Housing Affordability is one of the major concerns for the State Government of Perak. Affordable housing is important as it has become an absolute necessity of residents, especially for B40 income households’ population in Perak. In Perak, the soaring house prices have made it almost impossible for the middle-income group to afford a home. The drastic changes in housing prices has affected the affordability levels in Perak. This study compares household income against housing prices in each district in Perak. The data were collected from secondary sources and content analysis were undertaken to identify housing affordability in Perak. Housing Affordability Index was subsequently generated. Based on the Index, it is found that housing affordability for each district in Perak at severely unaffordable level. The findings of this study can be used to aid the state government in their endeavours to provide quality affordable housing for Perakian.
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spelling iium-591282017-11-07T04:34:07Z http://irep.iium.edu.my/59128/ Housing affordability index for districts in Perak Mohamed Osman, Mariana Muhamad Yusup, Siti Wahidah Abdullah, Muhammad Faris Shuid, Syafiee HT51 Human settlements. Communities Housing Affordability is one of the major concerns for the State Government of Perak. Affordable housing is important as it has become an absolute necessity of residents, especially for B40 income households’ population in Perak. In Perak, the soaring house prices have made it almost impossible for the middle-income group to afford a home. The drastic changes in housing prices has affected the affordability levels in Perak. This study compares household income against housing prices in each district in Perak. The data were collected from secondary sources and content analysis were undertaken to identify housing affordability in Perak. Housing Affordability Index was subsequently generated. Based on the Index, it is found that housing affordability for each district in Perak at severely unaffordable level. The findings of this study can be used to aid the state government in their endeavours to provide quality affordable housing for Perakian. American Scientific Publishers 2017-07 Article PeerReviewed application/pdf en http://irep.iium.edu.my/59128/1/8%20EDITED%20Housing%20Affordability%20Index%20for%20Districts%20in%20Perak..pdf application/pdf en http://irep.iium.edu.my/59128/9/59128-Housing%20Affordability%20Index%20for%20Districts%20in%20Perak_SCOPUS.pdf Mohamed Osman, Mariana and Muhamad Yusup, Siti Wahidah and Abdullah, Muhammad Faris and Shuid, Syafiee (2017) Housing affordability index for districts in Perak. Advanced Science Letters, 23 (7). pp. 6049-6052. ISSN 1936-6612 E-ISSN 1936-7317 http://www.ingentaconnect.com/content/asp/asl/2017/00000023/00000007/art00006 https://doi.org/10.1166/asl.2017.9202
spellingShingle HT51 Human settlements. Communities
Mohamed Osman, Mariana
Muhamad Yusup, Siti Wahidah
Abdullah, Muhammad Faris
Shuid, Syafiee
Housing affordability index for districts in Perak
title Housing affordability index for districts in Perak
title_full Housing affordability index for districts in Perak
title_fullStr Housing affordability index for districts in Perak
title_full_unstemmed Housing affordability index for districts in Perak
title_short Housing affordability index for districts in Perak
title_sort housing affordability index for districts in perak
topic HT51 Human settlements. Communities
url http://irep.iium.edu.my/59128/
http://irep.iium.edu.my/59128/
http://irep.iium.edu.my/59128/
http://irep.iium.edu.my/59128/1/8%20EDITED%20Housing%20Affordability%20Index%20for%20Districts%20in%20Perak..pdf
http://irep.iium.edu.my/59128/9/59128-Housing%20Affordability%20Index%20for%20Districts%20in%20Perak_SCOPUS.pdf