An assessment of housing affordability index at districts level in Kelantan

The purpose of this paper is to assess the housing affordability level in every district in Kelantan. The goal of this study is to determine the affordability level and the affordable housing price in every district in Kelantan. In order to determine the housing affordability level, the Price-to-Inc...

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Main Authors: Mohamed Osman, Mariana, Zainudin, Farah Eleena, Rabe, Noor Suzilawati, Hitam, Mizan, Abdullah, Muhammad Faris
Format: Article
Language:English
English
Published: Malaysian Institute Of Planners 2020
Subjects:
Online Access:http://irep.iium.edu.my/80348/
http://irep.iium.edu.my/80348/1/80348_An%20assessment%20of%20housing.pdf
http://irep.iium.edu.my/80348/2/80348_An%20assessment%20of%20housing_SCOPUS.pdf
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author Mohamed Osman, Mariana
Zainudin, Farah Eleena
Rabe, Noor Suzilawati
Hitam, Mizan
Abdullah, Muhammad Faris
author_facet Mohamed Osman, Mariana
Zainudin, Farah Eleena
Rabe, Noor Suzilawati
Hitam, Mizan
Abdullah, Muhammad Faris
author_sort Mohamed Osman, Mariana
building IIUM Repository
collection Online Access
description The purpose of this paper is to assess the housing affordability level in every district in Kelantan. The goal of this study is to determine the affordability level and the affordable housing price in every district in Kelantan. In order to determine the housing affordability level, the Price-to-Income Ratio approach or known as median multiple is used in this study. The study found that the overall affordable leve in Kelantan from 2012, 2014 to 2016 has increased from 4.5 to 4.8 to 5.4 which clearly showed the level worsen over the years. In term of afforadablee housing price, the Kelantan median house price for 2016 was RM199,900 but using median multiple calculation using the income data, the maximum affordable house price should be within RM 110,844, which clearly showed that the current housing prices is severely unafforable for Kelantan State.
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language English
English
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publishDate 2020
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spelling iium-803482021-01-20T15:28:02Z http://irep.iium.edu.my/80348/ An assessment of housing affordability index at districts level in Kelantan Mohamed Osman, Mariana Zainudin, Farah Eleena Rabe, Noor Suzilawati Hitam, Mizan Abdullah, Muhammad Faris NA Architecture NA100 Architecture and the state NA4170 Public buildings The purpose of this paper is to assess the housing affordability level in every district in Kelantan. The goal of this study is to determine the affordability level and the affordable housing price in every district in Kelantan. In order to determine the housing affordability level, the Price-to-Income Ratio approach or known as median multiple is used in this study. The study found that the overall affordable leve in Kelantan from 2012, 2014 to 2016 has increased from 4.5 to 4.8 to 5.4 which clearly showed the level worsen over the years. In term of afforadablee housing price, the Kelantan median house price for 2016 was RM199,900 but using median multiple calculation using the income data, the maximum affordable house price should be within RM 110,844, which clearly showed that the current housing prices is severely unafforable for Kelantan State. Malaysian Institute Of Planners 2020-04-09 Article PeerReviewed application/pdf en http://irep.iium.edu.my/80348/1/80348_An%20assessment%20of%20housing.pdf application/pdf en http://irep.iium.edu.my/80348/2/80348_An%20assessment%20of%20housing_SCOPUS.pdf Mohamed Osman, Mariana and Zainudin, Farah Eleena and Rabe, Noor Suzilawati and Hitam, Mizan and Abdullah, Muhammad Faris (2020) An assessment of housing affordability index at districts level in Kelantan. Planning Malaysia, 18 (1). pp. 24-34. ISSN 1675-6215 E-ISSN 0128-0945 http://www.planningmalaysia.org/index.php/pmj/article/view/706/535
spellingShingle NA Architecture
NA100 Architecture and the state
NA4170 Public buildings
Mohamed Osman, Mariana
Zainudin, Farah Eleena
Rabe, Noor Suzilawati
Hitam, Mizan
Abdullah, Muhammad Faris
An assessment of housing affordability index at districts level in Kelantan
title An assessment of housing affordability index at districts level in Kelantan
title_full An assessment of housing affordability index at districts level in Kelantan
title_fullStr An assessment of housing affordability index at districts level in Kelantan
title_full_unstemmed An assessment of housing affordability index at districts level in Kelantan
title_short An assessment of housing affordability index at districts level in Kelantan
title_sort assessment of housing affordability index at districts level in kelantan
topic NA Architecture
NA100 Architecture and the state
NA4170 Public buildings
url http://irep.iium.edu.my/80348/
http://irep.iium.edu.my/80348/
http://irep.iium.edu.my/80348/1/80348_An%20assessment%20of%20housing.pdf
http://irep.iium.edu.my/80348/2/80348_An%20assessment%20of%20housing_SCOPUS.pdf