Attributes Influencing Housing Product Value and Price in Jakarta Metropolitan Region

Rahadi, Raden Aswin; Wiryono, Sudarso Kaderi; Koesrindartoto, Deddy P.; Syamwil, Indra Budiman

doi:10.1016/j.sbspro.2013.07.211

Cited by 37 publications

(56 citation statements)

References 7 publications

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“…Rahadi et al (2015a) suggest that practitioners in the property industry have recognised the importance of understanding preference attributes relating to their products. For example, housing developers will have an improved reputation and brand if they can interpret what customers need (Rahadi, 2013). However, while there is a large body of research on the housing preferences of consumers themselves (as shown in the literature above), there is very limited research that compares the perception/preferences of consumers (who demand housing) with those of real estate practitioners (who are involved in the supply side).…”

Section: Consumer Versus Practitioner Opinionmentioning

confidence: 99%

Preferences for housing attributes in Saudi Arabia: A comparison between consumers' and property practitioners' views

Mulliner

Algrnas

2018

Cities

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Due to rapid urbanisation, population growth and limited supply of housing, the housing sector in Saudi Arabia is facing significant challenges. There have been attempts to provide largescale housing projects to combat this issue. However, there are concerns that short-term policies to provide large quantities of housing can result in low-quality units which are underside by consumers. Therefore, understanding consumer preferences with regard to housing is crucially important if housing projects are to be successful in the long term. This paper explores consumer preferences for housing attributes in Saudi Arabia and compares these against the views of property professionals. Data was gathered via quantitative surveys from 752 housing consumers and 101 property practitioners from across Saudi Arabia. Descriptive analysis and the Mann-Whitney U test are used to determine the mean importance of the housing attributes and to compare the findings from each group. The results of the study provide an analysis on the importance of various housing attributes and highlights similarities and disparities in opinions. The analysis found significant differences between consumers' and property practitioners' views on what consumers believe are important housing attributes. Given this lack of alignment, the findings should offer housing providers with a better understanding of consumer preferences in the Saudi Arabia context.

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Section: Consumer Versus Practitioner Opinionmentioning

confidence: 99%

Preferences for housing attributes in Saudi Arabia: A comparison between consumers' and property practitioners' views

Mulliner

Algrnas

2018

Cities

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“…Several studies conducted by Basten & Koch, (2015), and Rahadi, Wiryono, Koesrindartoto, & Syamwil, (2013) showed that measurement towards quality are mostly conducted through the qualitative approach and was finely tailored to fit industry regulations. This statement showed that they are areas overlooked and not addressed properly particularly on methods to measure the quality level of housing.…”

Section: Measurement Of Characteristics Of Housingmentioning

confidence: 99%

Characteristic Qualities Affecting Landed House Prices

Nawawi

Safian

Saleh

2018

AjQoL

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The research was conducted to find the characteristics quality of houses in Malaysia. The aim of this research was to produce the ranking characteristics of house qualities and determining its weightages. The methodology used in this research was primarily by using the Delphi Method to ascertain characteristics quality and also Analytical Hierarchy Process to determine the ranking of the characteristics quality. Data collection gathered through a structured questionnaire that incorporates the element of Saaty's Scale using variables outlined from review and interview. A theoretical framework of the research was established from this that will lead to future research model.

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“…Several studies conducted by Basten & Koch, (2015), Silva & Martins,(2016) and Rahadi, Wiryono, Koesrindartoto, & Syamwil, (2013) showed that measurement towards quality are mostly conducted through the qualitative approach and was finely tailored to fit industry regulations. This statement showed that they are areas overlooked and not addressed properly particularly on methods to measure the quality level of housing.…”

Section: Measurement For Characteristics Of Housingmentioning

confidence: 99%

Characteristic Qualities Impacting Landed House Prices: Better homes, better livelihood

Masri¹,

Nawawi²,

Safian³

et al. 2017

E-BPJ

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The research was conducted to find the characteristics quality of houses in Malaysia. The aim of this research was to produce the ranking characteristics of house qualities, and determining its weightages. The methodology used in this research was primarily by using the Delphi Method to ascertain characteristics quality and also Analytical Hierarchy Process to determine the ranking of the characteristics quality. Data collection gathered through a structured questionnaire that incorporates the element of Saaty's Scale using variables outlined from review and interview. A theoretical framework of the research was established from this that will lead to future research model.

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Attributes Influencing Housing Product Value and Price in Jakarta Metropolitan Region

Cited by 37 publications

References 7 publications

Preferences for housing attributes in Saudi Arabia: A comparison between consumers' and property practitioners' views

Preferences for housing attributes in Saudi Arabia: A comparison between consumers' and property practitioners' views

Characteristic Qualities Affecting Landed House Prices

Characteristic Qualities Impacting Landed House Prices: Better homes, better livelihood

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