Sains Malaysiana 51(12)(2022):
4161-4173
http://doi.org/10.17576/jsm-2022-5112-23
Factors
Affecting Housing Price in Malaysia Using Structural Equation Modeling
Approach
(Faktor Mempengaruhi Harga Rumah di Malaysia menggunakan Pendekatan Model Berstruktur Persamaan)
NORANI
AMIT1,3,*, HASIMAH SAPIRI1 & ZAHAYU MD YUSOF1,2
1School of Quantitative Sciences, Universiti Utara Malaysia, 06010 Sintok,
Kedah Darul Aman, Malaysia
2Institute of Strategic Industrial Decision Modelling, School of
Quantitative Sciences, Universiti Utara Malaysia,
06010 Sintok, Kedah Darul Aman, Malaysia
3Faculty of Computer and Mathematical
Sciences, Universiti Teknologi MARA, Cawangan Negeri Sembilan, 73000 Kampus Seremban, Negeri Sembilan, Malaysia
Diserahkan: 5 Mei 2022/Diterima:
6 September 2022
Abstract
House buyers are primarily concerned with house
prices, on top of other aspects such as housing preferences, and housing
financial. In Malaysia, the problem regarding housing issue is one that is
regularly spoken due to sharp rise in housing prices which made that most
houses are no longer affordable for most Malaysians. Thus, this study aims to identify the key
factors influencing the price of houses in Malaysia. Data was collected by
distributing a survey questionnaire to 245 respondents throughout the country.
The data was then analyzed using the structural
equation modelling (SEM) analysis via the IBM AMOS statistical software. The
study instrument was evaluated using the exploratory factor analysis and
confirmatory factor analysis techniques. The theoretical model was developed
using the SEM technique. The findings derived are hoped to benefit
policymakers, developers, urban planners, and contractors in developing
strategies for materializing affordable house prices for homebuyers in
Malaysia.
Keywords: Factor analysis; homebuyer; housing
affordability; housing prices; structural equation modeling
Abstrak
Pembeli rumah amat mementingkan
harga rumah selain aspek lain seperti pemilihan perumahan dan kewangan perumahan. Di Malaysia, masalah berkenaan perumahan seringkali diperkatakan berikutan kenaikan mendadak harga rumah yang menyebabkan
kebanyakan rumah tidak lagi mampu dimiliki oleh kebanyakan rakyat Malaysia. Justeru,
kajian ini bertujuan untuk mengenal pasti faktor utama yang mempengaruhi
harga rumah di Malaysia. Data dikumpul dengan mengedarkan borang soal selidik
kepada 245 responden di seluruh negara. Data tersebut kemudiannya dianalisis
menggunakan analisis pemodelan berstruktur persamaan (SEM) melalui perisian
statistik IBM AMOS. Instrumen kajian dinilai menggunakan teknik analisis faktor
jelajah dan analisis faktor pengesahan. Model teori telah dibangunkan
menggunakan teknik SEM. Penemuan yang diperoleh diharap dapat memberi manfaat
kepada penggubal dasar, pemaju, perancang bandar dan kontraktor dalam
membangunkan strategi untuk merealisasikan harga rumah mampu milik untuk
pembeli rumah di Malaysia.
Kata kunci: Analisis faktor; harga rumah; pembeli rumah; pemodelan
berstruktur persamaan; perumahan mampu milik
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*Pengarang untuk surat-menyurat; email: norani@uitm.edu.my
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