The macroeconomic and microeconomic factors of residential property prices in Nusajaya

Although there is excess supply and a lot of unsold homes and a bubble market, every year the price of residential property market showed an increase especially in major urban areas in Malaysia such as the Klang Valley, Penang and Johor. Therefore, the purpose of this case study research was to expl...

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Main Author:	Yusoff, Nurul Nabilah
Format:	Thesis
Language:	English
Published:	2019
Subjects:	HT101-395 Sociology Urban
Online Access:	http://eprints.utm.my/id/eprint/96418/1/NurulNabilahMFABU2019.pdf.pdf
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id	my-utm-ep.96418
record_format	uketd_dc
spelling	my-utm-ep.964182022-07-24T09:25:57Z The macroeconomic and microeconomic factors of residential property prices in Nusajaya 2019 Yusoff, Nurul Nabilah HT101-395 Sociology, Urban Although there is excess supply and a lot of unsold homes and a bubble market, every year the price of residential property market showed an increase especially in major urban areas in Malaysia such as the Klang Valley, Penang and Johor. Therefore, the purpose of this case study research was to explore the movement for residential property prices and to determine the macroeconomic and microeconomic factors affecting residential property in Nusajaya. This qualitative exploration was to determine macroeconomic and microeconomic factors of residential property prices in Nusajaya by collecting interview data from a sample of 7 participants consisting of developers and government agencies. Text and content analyses were used to analyse the interview transcripts, and other primary documents to provide a full extent of the macroeconomic and microeconomic for residential property prices movement coverage. The précis of the analysis signified that the property price is gradually increasing in Nusajaya. The macroeconomic factors such as construction cost, demographic factor and property speculation affect the most in the increasing of residential property prices in Nusajaya. Whilst for the microeconomic factors such as physical factor, locational and accessibility factor affect the most in the movement of residential property prices in Nusajaya. Therefore, this study revealed that the macroeconomic and microeconomic driver is the key factor affecting the price movement of residential property in Nusajaya. 2019 Thesis http://eprints.utm.my/id/eprint/96418/ http://eprints.utm.my/id/eprint/96418/1/NurulNabilahMFABU2019.pdf.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:142177 masters Universiti Teknologi Malaysia Faculty of Built Environment & Surveying
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	HT101-395 Sociology Urban
spellingShingle	HT101-395 Sociology Urban Yusoff, Nurul Nabilah The macroeconomic and microeconomic factors of residential property prices in Nusajaya
description	Although there is excess supply and a lot of unsold homes and a bubble market, every year the price of residential property market showed an increase especially in major urban areas in Malaysia such as the Klang Valley, Penang and Johor. Therefore, the purpose of this case study research was to explore the movement for residential property prices and to determine the macroeconomic and microeconomic factors affecting residential property in Nusajaya. This qualitative exploration was to determine macroeconomic and microeconomic factors of residential property prices in Nusajaya by collecting interview data from a sample of 7 participants consisting of developers and government agencies. Text and content analyses were used to analyse the interview transcripts, and other primary documents to provide a full extent of the macroeconomic and microeconomic for residential property prices movement coverage. The précis of the analysis signified that the property price is gradually increasing in Nusajaya. The macroeconomic factors such as construction cost, demographic factor and property speculation affect the most in the increasing of residential property prices in Nusajaya. Whilst for the microeconomic factors such as physical factor, locational and accessibility factor affect the most in the movement of residential property prices in Nusajaya. Therefore, this study revealed that the macroeconomic and microeconomic driver is the key factor affecting the price movement of residential property in Nusajaya.
format	Thesis
qualification_level	Master's degree
author	Yusoff, Nurul Nabilah
author_facet	Yusoff, Nurul Nabilah
author_sort	Yusoff, Nurul Nabilah
title	The macroeconomic and microeconomic factors of residential property prices in Nusajaya
title_short	The macroeconomic and microeconomic factors of residential property prices in Nusajaya
title_full	The macroeconomic and microeconomic factors of residential property prices in Nusajaya
title_fullStr	The macroeconomic and microeconomic factors of residential property prices in Nusajaya
title_full_unstemmed	The macroeconomic and microeconomic factors of residential property prices in Nusajaya
title_sort	macroeconomic and microeconomic factors of residential property prices in nusajaya
granting_institution	Universiti Teknologi Malaysia
granting_department	Faculty of Built Environment & Surveying
publishDate	2019
url	http://eprints.utm.my/id/eprint/96418/1/NurulNabilahMFABU2019.pdf.pdf
_version_	1747818665614508032

The macroeconomic and microeconomic factors of residential property prices in Nusajaya

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