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An assessment of housing affordability index at districts level in Kelantan

Mohamed Osman, Mariana and Zainudin, Farah Eleena and Rabe, Noor Suzilawati and Hitam, Mizan and Abdullah, Muhammad Faris (2020) An assessment of housing affordability index at districts level in Kelantan. Planning Malaysia, 18 (1). pp. 24-34. ISSN 1675-6215 E-ISSN 0128-0945

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Abstract

The purpose of this paper is to assess the housing affordability level in every district in Kelantan. The goal of this study is to determine the affordability level and the affordable housing price in every district in Kelantan. In order to determine the housing affordability level, the Price-to-Income Ratio approach or known as median multiple is used in this study. The study found that the overall affordable leve in Kelantan from 2012, 2014 to 2016 has increased from 4.5 to 4.8 to 5.4 which clearly showed the level worsen over the years. In term of afforadablee housing price, the Kelantan median house price for 2016 was RM199,900 but using median multiple calculation using the income data, the maximum affordable house price should be within RM 110,844, which clearly showed that the current housing prices is severely unafforable for Kelantan State.

Item Type: Article (Journal)
Additional Information: 3833/80348
Uncontrolled Keywords: housing affordability index, median house price, median income, affordable housing price, median multiple
Subjects: N Fine Arts > NA Architecture
N Fine Arts > NA Architecture > NA100 Architecture and the state
N Fine Arts > NA Architecture > NA4100 Special classes of buildings > NA4170 Public buildings
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Architecture and Environmental Design
Kulliyyah of Architecture and Environmental Design > Department of Urban & Regional Planning
Depositing User: Dr Mariana Mohamed Osman
Date Deposited: 05 May 2020 23:01
Last Modified: 05 May 2020 23:02
URI: http://irep.iium.edu.my/id/eprint/80348

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