A PROPOSAL FOR AFFORDABLE WAQF HOUSING PROJECTS IN MALAYSIA: PUBLIC PERCEPTION OF HOUSE CHARACTERISTICS

Authors

  • Nor Azizan Che Embi Kulliyyah of Economics and Management Sciences, INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA
  • Salina Kassim IIUMInstitute of Islamic Banking and Finance, INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA
  • Roslily Ramlee Kulliyyah of Economics and Management Sciences, INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA
  • Wan Rohaida Wan Husain Kulliyyah of Economics and Management Sciences, INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA

DOI:

https://doi.org/10.21837/pm.v19i17.1004

Keywords:

Housing Affordability, Housing Price, Middle Income Group (M40), Waqf

Abstract

Housing affordability is important to ensure houses are affordable to everyone across all income categories, whether they are in the low-income, middle-income (M40), or high-income group. Building housing projects on waqf land will help increase the supply of affordable houses, especially targeted at the M40 group, while also addressing the shortage of affordable housing for the M40 cohort. This study analyses public perceptions of house characteristics and relate these factors to affordable housing prices. The independent variables are location, infrastructure, facilities, size, design and quality. By applying a quantitative research design, the study aims to understand the relationship between various demanded housing characteristics vis-a-vis the price of the house. A sample of 261 usable responses was analysed using the Structural Equation Modelling (SEM). The results show that house size is not statistically significant in influencing the housing price, while location, infrastructure and design of the house are positively significant factors. These findings are expected to provide important inputs to the relevant authorities on factors that are critical in influencing the prices of housing projects built on waqf land in Malaysia.

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Published

2021-10-17

How to Cite

Che Embi, N. A., Kassim, S., Ramlee, R., & Wan Husain, W. R. (2021). A PROPOSAL FOR AFFORDABLE WAQF HOUSING PROJECTS IN MALAYSIA: PUBLIC PERCEPTION OF HOUSE CHARACTERISTICS. PLANNING MALAYSIA, 19(17). https://doi.org/10.21837/pm.v19i17.1004

Issue

Vol. 19 (2021): PLANNING MALAYSIA JOURNAL : Volume 19, Issue 3, 2021

Section

Article

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eISSN: 0128-0945 © Year. The Authors. Published for Malaysia Institute of Planners. This is an open-access article under the CC BY-NC-ND license.

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