Contribution of homeownership towards liveable city: a case study of Kuala Lumpur
Homeownership plays a crucial role in shaping the foundations of urban livability, serving as a cornerstone in creating a vibrant and sustainable city. In the context of Kuala Lumpur, the attainment of homeownership is influenced by a variety of factors, including financial considerations, geographi...
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| Format: | Final Year Project / Dissertation / Thesis |
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2025
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| Online Access: | http://eprints.utar.edu.my/7104/ http://eprints.utar.edu.my/7104/1/Full_report_Dec2024_JongSukLee.pdf.pdf |
| Summary: | Homeownership plays a crucial role in shaping the foundations of urban livability, serving as a cornerstone in creating a vibrant and sustainable city. In the context of Kuala Lumpur, the attainment of homeownership is influenced by a variety of factors, including financial considerations, geographical location, government policies, developer strategies, and lifestyle preferences. These factors collectively form a complex landscape that shapes the ability of individuals, particularly within middle- and low-income groups, to achieve homeownership. Income levels, accessibility, and housing affordability are critical components in this dynamic, underscoring the importance of a multi-faceted approach to understanding how homeownership
contributes to the broader concept of a livable city. Given the significance of these influences, this study seeks to explore how these elements interact to promote or hinder homeownership in Kuala Lumpur.
The Malaysian government has taken proactive steps to address the challenges associated with housing accessibility and affordability through targeted policies aimed at improving living standards. Recognizing the importance of housing as a key determinant of urban well-being, this
study aims to provide a comprehensive understanding of the factors influencing homeownership in Kuala Lumpur. Using data collected through questionnaires, it investigates the relative significance of financial conditions, location, government interventions, developer roles, and lifestyle choices. Specifically, the research objectives are to identify the key factors influencing homeownership and to determine the most significant factor contributing to the realization of a livable city. By analyzing these elements, the study seeks to offer valuable insights into the
interplay between homeownership and urban livability, providing recommendations that can guide future housing policies and contribute to the development of a more inclusive and sustainable Kuala Lumpur.
Keyword: Homeownership, Liveable city, Urban development, Housing policy, Kuala Lumpur
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