Factors influencing demand for condominium in Penang, Malaysia
Condominium development had been facing a lot of pressure now, in Malaysia, due to the softening of the property market. This has affected the demand for this type of the property. Developers are facing more challenges in selling condominium units built due to buyers being more selective. Buyers are...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
1998
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| Subjects: | |
| Online Access: | http://eprints.utm.my/4699/ http://eprints.utm.my/4699/1/factorsinfluencingdemandforcondoinpenang_hasmahahmadariffian.pdf |
| _version_ | 1848890868671447040 |
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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 | Condominium development had been facing a lot of pressure now, in Malaysia, due to the softening of the property market. This has affected the demand for this type of the property. Developers are facing more challenges in selling condominium units built due to buyers being more selective. Buyers are more particular in their purchasing decisions and use stricter criteria in investing their money to buy condominium units. This has given rise to the need for the developers to assess the specific factors that influence the demand for condominium in Penang, West Malaysia. This small island is focussed because it is perceived that factors influencing demand for condominium in this state are rather different compared to other states due to its nature as an island and due to its geographic location. the study uses questionaires to elicit information from the condominium buyers in the state. SPSS package was used to analyse the data. The study concludes that besides price beach scenary is one of the major factors determining demand for condominium in Penang island compared to states in the mainland. |
| first_indexed | 2025-11-15T20:48:55Z |
| format | Conference or Workshop Item |
| id | utm-4699 |
| institution | Universiti Teknologi Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T20:48:55Z |
| publishDate | 1998 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | utm-46992017-07-24T06:06:19Z http://eprints.utm.my/4699/ Factors influencing demand for condominium in Penang, Malaysia Abu Zarin, Hasmah Bujang, Ahmad Ariffian H Social Sciences (General) Condominium development had been facing a lot of pressure now, in Malaysia, due to the softening of the property market. This has affected the demand for this type of the property. Developers are facing more challenges in selling condominium units built due to buyers being more selective. Buyers are more particular in their purchasing decisions and use stricter criteria in investing their money to buy condominium units. This has given rise to the need for the developers to assess the specific factors that influence the demand for condominium in Penang, West Malaysia. This small island is focussed because it is perceived that factors influencing demand for condominium in this state are rather different compared to other states due to its nature as an island and due to its geographic location. the study uses questionaires to elicit information from the condominium buyers in the state. SPSS package was used to analyse the data. The study concludes that besides price beach scenary is one of the major factors determining demand for condominium in Penang island compared to states in the mainland. 1998-01 Conference or Workshop Item PeerReviewed application/pdf en http://eprints.utm.my/4699/1/factorsinfluencingdemandforcondoinpenang_hasmahahmadariffian.pdf Abu Zarin, Hasmah and Bujang, Ahmad Ariffian (1998) Factors influencing demand for condominium in Penang, Malaysia. In: Fourth Press Conference Perth, Western Australia, 19th to 21th Januari 1998, Perth, Western Australia. |
| spellingShingle | H Social Sciences (General) Abu Zarin, Hasmah Bujang, Ahmad Ariffian Factors influencing demand for condominium in Penang, Malaysia |
| title | Factors influencing demand for condominium in Penang, Malaysia |
| title_full | Factors influencing demand for condominium in Penang, Malaysia |
| title_fullStr | Factors influencing demand for condominium in Penang, Malaysia |
| title_full_unstemmed | Factors influencing demand for condominium in Penang, Malaysia |
| title_short | Factors influencing demand for condominium in Penang, Malaysia |
| title_sort | factors influencing demand for condominium in penang, malaysia |
| topic | H Social Sciences (General) |
| url | http://eprints.utm.my/4699/ http://eprints.utm.my/4699/1/factorsinfluencingdemandforcondoinpenang_hasmahahmadariffian.pdf |