A Study on Product Factors Affecting Purchase Intention of Properties in Beijing

The property market of Beijing becomes more and more remarkable in the eyes of Chinese and the world people. As the capital of China and the first-tier city, a higher purchase demands exit in Beijing property market. With the improvement of people’s living standards, they have desire to possess an o...

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Main Author: Zhang, Lijuan
Format: Thesis
Language:English
Published: 2013
Subjects:
Online Access:http://eprints.intimal.edu.my/781/
http://eprints.intimal.edu.my/781/1/111.pdf
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author Zhang, Lijuan
author_facet Zhang, Lijuan
author_sort Zhang, Lijuan
building INTI Institutional Repository
collection Online Access
description The property market of Beijing becomes more and more remarkable in the eyes of Chinese and the world people. As the capital of China and the first-tier city, a higher purchase demands exit in Beijing property market. With the improvement of people’s living standards, they have desire to possess an own property or improve the living environment, it promote demands and requirements for housing quantity and quality are increasing. But the factors which affect purchase intention of properties are debatable. Therefore, the SOR model as a ‘theoretical lens’ is used in this study as it allows the product factors influencing purchase intention which can help the author to build an researchable expansion model. This research aims to find out the purchase intention of properties in Beijing. Based on the literature review that was available, a framework was developed and this research paper uses a quantitative method whereby 210 respondents were surveyed using questionnaires. The data was analyzed using the Statistical Package for Social Science (SPSS). The empirical results suggest that willingness to pay is a significant moderator between product factors and purchase intention. The findings also showed that product attributes will generate willingness to pay and further promoting purchase intention, then contributing to developers in designing properties in future.
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spelling intimal-7812017-05-11T07:28:29Z http://eprints.intimal.edu.my/781/ A Study on Product Factors Affecting Purchase Intention of Properties in Beijing Zhang, Lijuan HD28 Management. Industrial Management The property market of Beijing becomes more and more remarkable in the eyes of Chinese and the world people. As the capital of China and the first-tier city, a higher purchase demands exit in Beijing property market. With the improvement of people’s living standards, they have desire to possess an own property or improve the living environment, it promote demands and requirements for housing quantity and quality are increasing. But the factors which affect purchase intention of properties are debatable. Therefore, the SOR model as a ‘theoretical lens’ is used in this study as it allows the product factors influencing purchase intention which can help the author to build an researchable expansion model. This research aims to find out the purchase intention of properties in Beijing. Based on the literature review that was available, a framework was developed and this research paper uses a quantitative method whereby 210 respondents were surveyed using questionnaires. The data was analyzed using the Statistical Package for Social Science (SPSS). The empirical results suggest that willingness to pay is a significant moderator between product factors and purchase intention. The findings also showed that product attributes will generate willingness to pay and further promoting purchase intention, then contributing to developers in designing properties in future. 2013 Thesis NonPeerReviewed text en http://eprints.intimal.edu.my/781/1/111.pdf Zhang, Lijuan (2013) A Study on Product Factors Affecting Purchase Intention of Properties in Beijing. Masters thesis, INTI International University.
spellingShingle HD28 Management. Industrial Management
Zhang, Lijuan
A Study on Product Factors Affecting Purchase Intention of Properties in Beijing
title A Study on Product Factors Affecting Purchase Intention of Properties in Beijing
title_full A Study on Product Factors Affecting Purchase Intention of Properties in Beijing
title_fullStr A Study on Product Factors Affecting Purchase Intention of Properties in Beijing
title_full_unstemmed A Study on Product Factors Affecting Purchase Intention of Properties in Beijing
title_short A Study on Product Factors Affecting Purchase Intention of Properties in Beijing
title_sort study on product factors affecting purchase intention of properties in beijing
topic HD28 Management. Industrial Management
url http://eprints.intimal.edu.my/781/
http://eprints.intimal.edu.my/781/1/111.pdf