Residential real estate pricing decision factors among developers in Klang Valley, Malaysia

Rodi, Wan Norhishamuddin Wan; Sedaralit, Zubaidah; Mahamood, Nur Medeena; Rasam, Abdul Rauf Abdul; Abdullah, Mohamad Isa; Idris, Nur Hidayah

doi:10.1109/beiac.2013.6560230

Cited by 1 publication

(3 citation statements)

References 27 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Nonetheless, the central component of housing price remains the cost of the land itself (Huang & Zu 2015). Wan-Rodi et al (2013) observed that housing prices are also determined by location and quality of the house.…”

Section: Product Characteristicsmentioning

confidence: 99%

“…The decision to maintain a certain pricing level must be made carefully by considering a wide range of variables, including demographic and economic variables (Wan-Rodi et al 2013). Likewise, accessibility is closely related with the price of a real estate product (Rahadi et al 2013).…”

Section: Quality and Innovationmentioning

confidence: 99%

“…Wan -Rodi et al (2013) postulated that pricing should be consistent with the population's income as to ensure sales. Both internal and external factors should be considered by Malaysian housing developers in pricing their products.…”

Section: Quality and Innovationmentioning

confidence: 99%

See 2 more Smart Citations

Unleashing the Competitive Advantage of Malaysian Private Housing Developers through Product Analysis

Jaafar¹,

Nuruddin²,

Bakar³

et al. 2015

View full text Add to dashboard Cite

Malaysian housing developers produce a range of products that has the characteristics of being large, expensive and durable. Nonetheless, the protracted development process exposes the developer to a high level of risk. Previous product development studies had focused on the technical elements of development rather than managerial aspects. This paper examines the contribution of product characteristics to the competitive advantage of Malaysian private housing developers. Using semi-structured snowball interviews, this qualitative study aims to elucidate upon the success factors of private housing developers. Ten successful housing developers were chosen for this research. The findings suggest that successful project management coupled with a product selling price that reflects the location, quality and innovativeness of the product, count toward the developer's reputation and branding. This paper expands the academic housing development literature by providing specific and in-depth information on housing developer products in Malaysia.

show abstract

Section: Product Characteristicsmentioning

confidence: 99%

Section: Quality and Innovationmentioning

confidence: 99%