Open AccessRESIDENTIAL BUILDING QUALITY MEASUREMENT AND THE RELATIONSHIP WITH HOUSE PRICES: A STUDY OF HOUSES IN KLANG
Author(s) -
Mohd Farid Sa’ad,
N. H. Azman,
Mohd Hasrol Haffiz Aliasak
Publication year - 2021
Publication title -
planning malaysia
Language(s) - English
Resource type - Journals
eISSN - 1675-6215
pISSN - 0128-0945
DOI - 10.21837/pm.v19i17.988
Subject(s) - quality (philosophy) , measure (data warehouse) , house price , regression analysis , residential property , residential area , business , architectural engineering , marketing , agricultural economics , geography , statistics , engineering , civil engineering , economics , econometrics , computer science , mathematics , regional science , philosophy , epistemology , database
This research focuses on the particular aspect of residential building quality and aims to measure the relationship that affects houses prices in Klang. The researcher through the problem statement and literature review has noted that respondents have knowledge in measuring the quality of their own house, but measurement must be conducted on an empirical basis with evidence. The main research objectives were to identify residential building quality and to measure the residential building quality effect on houses prices. The sampling of the research was conducted on fifty houses, and the measurement was conducted with the help of Regression Analysis. The results obtained show a significant relationship between higher quality of residential buildings and higher prices that can be commanded. The findings also could help to improve the estimation of value for new and older houses in the sampled areas.