2019
DOI: 10.21511/ppm.17(3).2019.16
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Evaluating customer perceived value of housing based on location factor and economic value

Abstract: This study seeks to evaluate customer perceived value in housing in order to increase the construction of housing value from the consumer’s point of view. A total of 240 houseowners in the middle to upper housings in Medan city, Indonesia, participated in this study. The data analysis used in this study is the Partial Least Square (PLS) approach. The results indicate that the perception of consumer value is strongly influenced by the economic value of the housing and the location function of the housing. Housi… Show more

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Cited by 3 publications
(5 citation statements)
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References 28 publications
(15 reference statements)
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“…That could conclude that Hypothesis 3 proposed in the study is proven and could be accepted. Research results aligned with results study Placement previously on Performance by Dyah et al, (2020), Siahaan et al (2019), Suwarto & Subyantoro (2019), Susanto et al (2022, Setiawan & Setiawan (2020), Shahzadi et al (2014). Motivation on Performance by Sulila (2020), Kuswati (2020), Olusadum & Anulika (2018), Ackah & Musasizi (2014), Omollo & Oloko (2015), .…”
Section: Discussion Of Research Resultssupporting
confidence: 86%
“…That could conclude that Hypothesis 3 proposed in the study is proven and could be accepted. Research results aligned with results study Placement previously on Performance by Dyah et al, (2020), Siahaan et al (2019), Suwarto & Subyantoro (2019), Susanto et al (2022, Setiawan & Setiawan (2020), Shahzadi et al (2014). Motivation on Performance by Sulila (2020), Kuswati (2020), Olusadum & Anulika (2018), Ackah & Musasizi (2014), Omollo & Oloko (2015), .…”
Section: Discussion Of Research Resultssupporting
confidence: 86%
“…We borrowed the items from Mohit et al (2010) to measure eco-friendly material (6 items), management office services (6 items), dwelling unit features (5 items), public facilities (7 items), and social environment (5 items). We adapted four items from the studies of Lundgren (2013) and Siahaan et al (2019) to measure economic value. Green/recreational area was measured with six items (Arnberger and Eder, 2012).…”
Section: Methodsmentioning
confidence: 99%
“…Functional values evaluate consumers on physical and functional values from Apartment Tower 1 Tamansari Prospero Sidoarjo. There were 32 indicators used to measure functional value from Zhao and Chen (2021), Siahaan et al (2019) and Kuo et al (2022). Social values are the evaluation of consumers on social, demographic, and cultural aspects from Apartment Tower 1 Tamansari Prospero Sidoarjo.…”
Section: Methodsmentioning
confidence: 99%
“…Social values are the evaluation of consumers on social, demographic, and cultural aspects from Apartment Tower 1 Tamansari Prospero Sidoarjo. 17 indicators were used to measure social values from Kusuma and Shiratina (2022), Andrew and Larceneux (2019), Siahaan et al (2019), Lundgren (2013, and Zhao and Chen (2021). Emotional values are the evaluation of consumers on value perceived benefits, as well as aspect emotion from Apartment Tower 1 Tamansari Prospero Sidoarjo.…”
Section: Methodsmentioning
confidence: 99%
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