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Factors influencing housing purchase decision


Hassan, Mohammad Mujaheed and Ahmad, Nobaya and Hashim, Ahmad Hariza (2021) Factors influencing housing purchase decision. International Journal of Academic Research in Business and Social Sciences, 11 (7). 429 - 443. ISSN 2222-6990


House is among the essentials for human beings, which also functions as a protection and sustenance for household living. Although awning a “dream home” is the most desired life goal of individuals, it takes various aspects into account. Furthermore, provided that housing market results are based on diverse factors, this article attempts to identify and analyse the elements impacting a buyer’s housing purchase decision. However, the remaining unpurchased residential units in the nation are the results of inconsistent pricing, less appealing and other several factors. Generally, the government and private developers must identify primary elements influencing house purchase, prevent abandoned projects, guarantee the successful operation of projects, and fulfil the homeowners’ needs for the long term. Notably, this article is beneficial as a reference for future projects by researchers, developers, the government, and other professionals related to the housing industry.

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Additional Metadata

Item Type: Article
Divisions: Faculty of Human Ecology
DOI Number: https://doi.org/10.6007/IJARBSS/v11-i7/10295
Publisher: Human Resource Management Academic Research Society
Keywords: Purchase decision factors; Housing; Housing preferences
Depositing User: Ms. Nuraida Ibrahim
Date Deposited: 12 Sep 2022 03:53
Last Modified: 12 Sep 2022 03:53
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.6007/IJARBSS/v11-i7/10295
URI: http://psasir.upm.edu.my/id/eprint/97280
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