Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban

Open space near residential area often labelled as development constraint since each residential development must provide 10 percent of open space from the total acreage according to Malaysia planning guidelines. Kuala Lumpur has noticeable lost in open space in residential area and this issue might...

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Main Authors:	Asmawi, M. Zainora, Mohit, Mohammad Abdul, Mohd Noor, Norzailawati, Abdullah, Alias, Paiman, Tuminah
Format:	Conference or Workshop Item
Language:	English English
Published:	2017
Subjects:	H Social Sciences (General) NA100 Architecture and the state NA4170 Public buildings
Online Access:	http://irep.iium.edu.my/63093/ http://irep.iium.edu.my/63093/ http://irep.iium.edu.my/63093/1/63093_Factor%20Analysis%20on%20Hedonic%20Pricing-ppt..pdf http://irep.iium.edu.my/63093/2/63093_tentative.pdf

id	iium-63093
recordtype	eprints
spelling	iium-630932018-04-12T06:37:31Z http://irep.iium.edu.my/63093/ Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban Asmawi, M. Zainora Mohit, Mohammad Abdul Mohd Noor, Norzailawati Abdullah, Alias Paiman, Tuminah H Social Sciences (General) NA100 Architecture and the state NA4170 Public buildings Open space near residential area often labelled as development constraint since each residential development must provide 10 percent of open space from the total acreage according to Malaysia planning guidelines. Kuala Lumpur has noticeable lost in open space in residential area and this issue might happen with other neighbourhood states such as Negeri Sembilan and Melaka. Therefore, the purpose of this study is to find the resident perspective on the importance of open space while purchasing their housing property. As such, the aim of the research is to study and examine the characteristics of relationship between public open spaces and residential property value using GIS-Hedonic pricing modelling in the selected residential area in Seremban and Melaka. To find the gist of this study, factor analysis has been used to sum the hedonic pricing model output. It resulted, Seremban and Melaka respondents has chosen the Importance of the House attributes in influencing the house price and Importance of open space following factors in influencing the house price. The research examined the relationship between the open space and house price at selected area in Seremban and Ayer Keroh. As found in the literature reviews, it validates that the relationship established in a positive pattern. 2017-12 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/63093/1/63093_Factor%20Analysis%20on%20Hedonic%20Pricing-ppt..pdf application/pdf en http://irep.iium.edu.my/63093/2/63093_tentative.pdf Asmawi, M. Zainora and Mohit, Mohammad Abdul and Mohd Noor, Norzailawati and Abdullah, Alias and Paiman, Tuminah (2017) Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban. In: International Conference on Housing, Planning, Environment and Social Sciences (HOPES2017), 21st Dec. 2017, Bangi, Selangor. (Unpublished) https://2017hopes.wordpress.com/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	H Social Sciences (General) NA100 Architecture and the state NA4170 Public buildings
spellingShingle	H Social Sciences (General) NA100 Architecture and the state NA4170 Public buildings Asmawi, M. Zainora Mohit, Mohammad Abdul Mohd Noor, Norzailawati Abdullah, Alias Paiman, Tuminah Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban
description	Open space near residential area often labelled as development constraint since each residential development must provide 10 percent of open space from the total acreage according to Malaysia planning guidelines. Kuala Lumpur has noticeable lost in open space in residential area and this issue might happen with other neighbourhood states such as Negeri Sembilan and Melaka. Therefore, the purpose of this study is to find the resident perspective on the importance of open space while purchasing their housing property. As such, the aim of the research is to study and examine the characteristics of relationship between public open spaces and residential property value using GIS-Hedonic pricing modelling in the selected residential area in Seremban and Melaka. To find the gist of this study, factor analysis has been used to sum the hedonic pricing model output. It resulted, Seremban and Melaka respondents has chosen the Importance of the House attributes in influencing the house price and Importance of open space following factors in influencing the house price. The research examined the relationship between the open space and house price at selected area in Seremban and Ayer Keroh. As found in the literature reviews, it validates that the relationship established in a positive pattern.
format	Conference or Workshop Item
author	Asmawi, M. Zainora Mohit, Mohammad Abdul Mohd Noor, Norzailawati Abdullah, Alias Paiman, Tuminah
author_facet	Asmawi, M. Zainora Mohit, Mohammad Abdul Mohd Noor, Norzailawati Abdullah, Alias Paiman, Tuminah
author_sort	Asmawi, M. Zainora
title	Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban
title_short	Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban
title_full	Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban
title_fullStr	Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban
title_full_unstemmed	Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban
title_sort	factor analysis on hedonic pricing model on open space affecting the housing price in melaka and seremban
publishDate	2017
url	http://irep.iium.edu.my/63093/ http://irep.iium.edu.my/63093/ http://irep.iium.edu.my/63093/1/63093_Factor%20Analysis%20on%20Hedonic%20Pricing-ppt..pdf http://irep.iium.edu.my/63093/2/63093_tentative.pdf
first_indexed	2023-09-18T21:29:30Z
last_indexed	2023-09-18T21:29:30Z
_version_	1777412415528370176

Factor analysis on hedonic pricing model on open space affecting the housing price in Melaka and Seremban

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