Factors contributing to residential overhang in Johor Bahru / Nurul Aqilah Kamal and Nor Nazihah Chuweni

Kamal, Nurul Aqilah and Chuweni, Nor Nazihah (2023) Factors contributing to residential overhang in Johor Bahru / Nurul Aqilah Kamal and Nor Nazihah Chuweni. In: UNSPECIFIED.

Abstract

One of the most well-known property issues in Malaysia is property overhang. Johor Bahru is one of the states in Malaysia with the highest property overhang, along with Penang and Selangor. Several factors, such as price, location, housing loan, building, feasibility study, public facilities & amenities, and income level factor contribute to residential overhang has been determine based on a brief literature review from previous studies. This study aims to determine the factors that contributing to residential overhang in Johor Bahru and to examine the most important factors contributing to residential overhang in Johor Bahru. Then, the quantitative method of research was employed, and data were gathered through the use of judgmental sampling. In this study, an online questionnaire was distributed to practitioners in Johor Bahru who were familiar with the residential overhang issue, including Registered Valuers, Registered Estate Agents, and Housing Developers. 67 respondent has provided responses to the survey. Hence, the research data were analysed using SPSS Software and Relative Importance Index (RII) in order to reach the findings. The results indicate that the price factor, the income level factor, and the housing loan factor are the top three factors contributing to residential overhang in Johor Bahru. By identifying the factors that contribute to the residential oversupply in Johor Bahru, housing developers, the government, and future researchers will be able to take them into account for future reference and enhancement.

Metadata

Item Type: Conference or Workshop Item (Paper)
Creators:
Creators
Email / ID Num.
Kamal, Nurul Aqilah
2021840164@student.uitm.edu.my
Chuweni, Nor Nazihah
norna692@uitm.edu.my
Contributors:
Contribution
Name
Email / ID Num.
Chief Editor
Mizal Azzmi, Norazura
UNSPECIFIED
Chief Editor
Ahzahar, Nadira
UNSPECIFIED
Editor
Ahmad Zawawi, Zuraihana
UNSPECIFIED
Editor
Jamaludin, Nazhatulzalkis
UNSPECIFIED
Editor
Hashim, Siti Zubaidah
UNSPECIFIED
Subjects: T Technology > TH Building construction > Buildings: Construction with reference to use.Including public buildings, dwellings
Divisions: Universiti Teknologi MARA, Perak > Seri Iskandar Campus > Faculty of Architecture, Planning and Surveying
Journal or Publication Title: e-Proceeding 6th Undergraduate Seminar on Built Environment and Technology (USBET) 2023
Page Range: pp. 1441-1453
Keywords: Property overhang, oversupply, residential
Date: October 2023
URI: https://ir.uitm.edu.my/id/eprint/99678
Edit Item
Edit Item

Download

[thumbnail of 99678.pdf] Text
99678.pdf

Download (9MB)

ID Number

99678

Indexing

Statistic

Statistic details