The development of a university in a rural area-its impact towards property development

Development of a public university in a rural area have resulted to several changes such as population growth, demographic changes as well as an in. creasing demand for properties. This research aims to review the demand for residential property development in Parit Raja after development of UTHM as...

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Main Authors: Md. Yassin, Azlina, Masram, Haidaliza, Foong, Mei Ling
Format: Article
Language:English
Published: Medwell Journals 2016
Subjects:
Online Access:http://eprints.uthm.edu.my/4181/
http://eprints.uthm.edu.my/4181/1/AJ%202016%20%2819%29.pdf
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author Md. Yassin, Azlina
Masram, Haidaliza
Foong, Mei Ling
author_facet Md. Yassin, Azlina
Masram, Haidaliza
Foong, Mei Ling
author_sort Md. Yassin, Azlina
building UTHM Institutional Repository
collection Online Access
description Development of a public university in a rural area have resulted to several changes such as population growth, demographic changes as well as an in. creasing demand for properties. This research aims to review the demand for residential property development in Parit Raja after development of UTHM as well as to analyse the future demand for residential property development in Parit Raja. The research is carried out within the Parit Raja area, for year 2006-2018. The research adopted quantitative approach by using observation and document review. A mathematical calculation known as Moving Average of order 2, MA (2) and order 3, MA (3) were used to forecast future demand. The results show that the demand for residential property development has increased since development of the university. However, the trend does not sustain for a long run. Moreover, the future demand for residential property development is forecasted to fluctuate due to several reasons. Therefore, this result will help an investor to decide whether to participate in the development in Parit Raja or not in future as well as to establish the UTHM brand's as one of the prominent education provider in Malaysia.
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spelling uthm-41812021-11-25T07:36:27Z http://eprints.uthm.edu.my/4181/ The development of a university in a rural area-its impact towards property development Md. Yassin, Azlina Masram, Haidaliza Foong, Mei Ling LG173 Malaysia Development of a public university in a rural area have resulted to several changes such as population growth, demographic changes as well as an in. creasing demand for properties. This research aims to review the demand for residential property development in Parit Raja after development of UTHM as well as to analyse the future demand for residential property development in Parit Raja. The research is carried out within the Parit Raja area, for year 2006-2018. The research adopted quantitative approach by using observation and document review. A mathematical calculation known as Moving Average of order 2, MA (2) and order 3, MA (3) were used to forecast future demand. The results show that the demand for residential property development has increased since development of the university. However, the trend does not sustain for a long run. Moreover, the future demand for residential property development is forecasted to fluctuate due to several reasons. Therefore, this result will help an investor to decide whether to participate in the development in Parit Raja or not in future as well as to establish the UTHM brand's as one of the prominent education provider in Malaysia. Medwell Journals 2016 Article PeerReviewed text en http://eprints.uthm.edu.my/4181/1/AJ%202016%20%2819%29.pdf Md. Yassin, Azlina and Masram, Haidaliza and Foong, Mei Ling (2016) The development of a university in a rural area-its impact towards property development. The Social Sciences, 11 (11). pp. 2705-2711. ISSN 1818-5800 http://dx.doi.org/10.36478/sscience.2016.2705.2711
spellingShingle LG173 Malaysia
Md. Yassin, Azlina
Masram, Haidaliza
Foong, Mei Ling
The development of a university in a rural area-its impact towards property development
title The development of a university in a rural area-its impact towards property development
title_full The development of a university in a rural area-its impact towards property development
title_fullStr The development of a university in a rural area-its impact towards property development
title_full_unstemmed The development of a university in a rural area-its impact towards property development
title_short The development of a university in a rural area-its impact towards property development
title_sort development of a university in a rural area-its impact towards property development
topic LG173 Malaysia
url http://eprints.uthm.edu.my/4181/
http://eprints.uthm.edu.my/4181/
http://eprints.uthm.edu.my/4181/1/AJ%202016%20%2819%29.pdf