Factors influencing demand for condominium in Johor Bahru, Malaysia

In recent years, condominium living has gained popularity among Malaysians. Many Malaysians have invested in this development because of its product attributes. It has become the mode of living for the country's middle and upper class families. Condominium developments have mushroomed in all pa...

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Main Authors: Abu Zarin, Hasmah, Bujang, Ahmad Ariffian
Format: Conference or Workshop Item
Language:English
Published: 1999
Subjects:
Online Access:http://eprints.utm.my/4696/
http://eprints.utm.my/4696/1/factorsinfluencingdemandforcondo_hasmahahmadariffian.pdf
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author Abu Zarin, Hasmah
Bujang, Ahmad Ariffian
author_facet Abu Zarin, Hasmah
Bujang, Ahmad Ariffian
author_sort Abu Zarin, Hasmah
building UTeM Institutional Repository
collection Online Access
description In recent years, condominium living has gained popularity among Malaysians. Many Malaysians have invested in this development because of its product attributes. It has become the mode of living for the country's middle and upper class families. Condominium developments have mushroomed in all parts of cities in Malaysia particularly in Kuala Lumpur, Penang and Johor Bahru. The residents can enjoy the convenience of having the facilities at their doorsteps, the abundance of greenery and open space. Demand for condominiums in Johor Bahru is not certain and so this is a main problem to the developers. The developers are in doubt about which factor and how much weight should be considered to come up with a condominium project. What are the real factors that influence the demand or what are the real factors that attract people to buy the condominium? Based on theories and literature review, several factors have been identified which make up the demand factors and condominium. Among the factors are location, price, surrounding development, sceenery, available loan and others. Once these factors are known, it is easier for the developers to consider these factors before they proceed with the condominium development effectively and efficiently.
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spelling utm-46962017-08-27T00:59:12Z http://eprints.utm.my/4696/ Factors influencing demand for condominium in Johor Bahru, Malaysia Abu Zarin, Hasmah Bujang, Ahmad Ariffian H Social Sciences (General) In recent years, condominium living has gained popularity among Malaysians. Many Malaysians have invested in this development because of its product attributes. It has become the mode of living for the country's middle and upper class families. Condominium developments have mushroomed in all parts of cities in Malaysia particularly in Kuala Lumpur, Penang and Johor Bahru. The residents can enjoy the convenience of having the facilities at their doorsteps, the abundance of greenery and open space. Demand for condominiums in Johor Bahru is not certain and so this is a main problem to the developers. The developers are in doubt about which factor and how much weight should be considered to come up with a condominium project. What are the real factors that influence the demand or what are the real factors that attract people to buy the condominium? Based on theories and literature review, several factors have been identified which make up the demand factors and condominium. Among the factors are location, price, surrounding development, sceenery, available loan and others. Once these factors are known, it is easier for the developers to consider these factors before they proceed with the condominium development effectively and efficiently. 1999-01 Conference or Workshop Item PeerReviewed application/pdf en http://eprints.utm.my/4696/1/factorsinfluencingdemandforcondo_hasmahahmadariffian.pdf Abu Zarin, Hasmah and Bujang, Ahmad Ariffian (1999) Factors influencing demand for condominium in Johor Bahru, Malaysia. In: International Real Estate Society 1999 (IRESC '99), 26-30 January 1999, Mandarin Oriental, Kuala Lumpur.
spellingShingle H Social Sciences (General)
Abu Zarin, Hasmah
Bujang, Ahmad Ariffian
Factors influencing demand for condominium in Johor Bahru, Malaysia
title Factors influencing demand for condominium in Johor Bahru, Malaysia
title_full Factors influencing demand for condominium in Johor Bahru, Malaysia
title_fullStr Factors influencing demand for condominium in Johor Bahru, Malaysia
title_full_unstemmed Factors influencing demand for condominium in Johor Bahru, Malaysia
title_short Factors influencing demand for condominium in Johor Bahru, Malaysia
title_sort factors influencing demand for condominium in johor bahru, malaysia
topic H Social Sciences (General)
url http://eprints.utm.my/4696/
http://eprints.utm.my/4696/1/factorsinfluencingdemandforcondo_hasmahahmadariffian.pdf