Open AccessAnalytical Hierarchical Process (AHP): statistical index and factors that influence the housing price in Kuala Lumpur
Author(s) -
Gan Fui Yee,
Suliadi Firdaus Sufahani,
Mohd Helmy Abd Wahab,
Syed Zulkarnain Syed Idrus
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1793/1/012028
Subject(s) - kuala lumpur , analytic hierarchy process , residence , property (philosophy) , index (typography) , process (computing) , business , marketing , operations research , actuarial science , computer science , economics , engineering , demographic economics , world wide web , philosophy , epistemology , operating system
The housing affordability issue has seriously occurred in Kuala Lumpur recently as the property price increased significantly from time to time. Several factors may influence the decision making of the buyers. The factors were the interesting topic for this study which can assist the consumers to purchase a suitable residence in Kuala Lumpur. The Analytical Hierarchical Process (AHP) was used to determine the best alternative for the housing selection. The priority weight for seven factors were determined and the AHP structure simultaneously. As the result showed, the best alternative is the medium property price where the consumer should purchase a residential property with medium property price. This research may limit to the opinions of the consumers, the recommendation for further researchers was to gather more thoughts from the policymaker or the developer to understand the overall situation for this issue.