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Housing affordability in the state of Johor

Mohamed Osman, Mariana and Ramlee, Muhammad Adib and Samsudin, Nasriah and Rabe, Noor Suzilawati and Abdullah, Muhammad Faris and Khalid, Najihan (2017) Housing affordability in the state of Johor. Planning Malaysia :Journal of the Malaysian Institute of Planners, 15 (1). pp. 347-356. ISSN 1675-6215 E-ISSN 0128-0945

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Abstract

The Malaysian property market has been facing significant changes in terms of housing price since a decade ago and these changes are different between states.The changes in housing prices are being supported by the economic theories of demand and supply as well as the regional economic and demographic factors such as income level, housing supply stock, speculative buying and population changes. This paper provides an overview of the affordable housing policy and elaborates on the housing affordability index for the districts in the State of Johor. Using datasets for year 2012 and 2014 in order to determine the median multiple of price-income ratio, this paper found that housing in all the districts were generally unaffordable. Some districts recorded HAI of severely unaffordable, while others in the seriously and moderately unaffordable index categories.

Item Type: Article (Journal)
Additional Information: 3833/57306
Uncontrolled Keywords: Property market, housing affordability index, affordable housing, Johor, Malaysia
Subjects: N Fine Arts > NA Architecture > NA9000 Aesthetics of cities. City planning and beautifying > NA9053.R4 City planning
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Architecture and Environmental Design > Department of Urban & Regional Planning
Depositing User: Dr Mariana Mohamed Osman
Date Deposited: 19 Jun 2017 08:53
Last Modified: 21 Mar 2018 11:40
URI: http://irep.iium.edu.my/id/eprint/57306

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