Demand for low-cost housing among local people in Perak

Housing serves one of basic human needs. Hence housing quality positively relates to human well-being. This paper explores factors influencing housing demand in Perak. ISSUE: In Perak, the housing supply has yet to respond to the increasing housing demand with regards to the rising population. AIM:...

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Main Authors:	Mohamed Osman, Mariana, Shuid, Syafiee, Bachok, Syahriah, Khalid, Najihan
Format:	Conference or Workshop Item
Language:	English English
Published:	2016
Subjects:	NA Architecture NA9053.R4 City planning
Online Access:	http://irep.iium.edu.my/53224/ http://irep.iium.edu.my/53224/1/ICABE2016%20Programme%20and%20Abstract%20Book.pdf http://irep.iium.edu.my/53224/3/ICABE2016.pdf

id	iium-53224
recordtype	eprints
spelling	iium-532242016-12-05T03:39:32Z http://irep.iium.edu.my/53224/ Demand for low-cost housing among local people in Perak Mohamed Osman, Mariana Shuid, Syafiee Bachok, Syahriah Khalid, Najihan NA Architecture NA9053.R4 City planning Housing serves one of basic human needs. Hence housing quality positively relates to human well-being. This paper explores factors influencing housing demand in Perak. ISSUE: In Perak, the housing supply has yet to respond to the increasing housing demand with regards to the rising population. AIM: The aims of this research is to assess the current demand and supply of low-cost housing stock in Perak. METHOD: Content analysis was conducted based on secondary data gathered from government agencies such as National Property Information Centre (NAPIC), Department of Statistics Malaysia and Perak Land and Mineral Office. FINDINGS: According to previous studies, nine factors were influencing the demand for low-cost housing. The factors include (i) population growth, (ii) birth rate, (iii) child mortality rate, (iv) income rate, (v) poverty rate, (vi) unemployment rate, (vii) housing stock (viii) inflation rate, and (ix) Gross Domestic Product (GDP). Recent studies discovered that out of the nine factors, only three of the factors significantly influence the housing demand in Perak. These factors were (i) demographic factors, (ii) monthly household income, and (iv) housing supply. The rate of population growth had drastically increased from the year 2000 to 2010. Additionally, more than 50% of the household in Perak had an average monthly income of less than RM 2,999. Despite these issues, the low-cost housing stock from the year 2010 to 2015 had significantly decreased eventhough the demand for these types of houses was high. The lack of low cost housing units leads to poor well-being as population face (i) burden of high rental, (ii) overcrowding and (iii) substandard housing. Therefore, constant monitoring by the related authorities on the construction of low cost houses is imperatively in need to ensure the continued supply of the low-cost housing targeted to the low-income population. 2016 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/53224/1/ICABE2016%20Programme%20and%20Abstract%20Book.pdf application/pdf en http://irep.iium.edu.my/53224/3/ICABE2016.pdf Mohamed Osman, Mariana and Shuid, Syafiee and Bachok, Syahriah and Khalid, Najihan (2016) Demand for low-cost housing among local people in Perak. In: International Conference on Architecture & Built Environment (ICABE 2016), 5th-6th Oct. 2016, Kuala Lumpur. (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	NA Architecture NA9053.R4 City planning
spellingShingle	NA Architecture NA9053.R4 City planning Mohamed Osman, Mariana Shuid, Syafiee Bachok, Syahriah Khalid, Najihan Demand for low-cost housing among local people in Perak
description	Housing serves one of basic human needs. Hence housing quality positively relates to human well-being. This paper explores factors influencing housing demand in Perak. ISSUE: In Perak, the housing supply has yet to respond to the increasing housing demand with regards to the rising population. AIM: The aims of this research is to assess the current demand and supply of low-cost housing stock in Perak. METHOD: Content analysis was conducted based on secondary data gathered from government agencies such as National Property Information Centre (NAPIC), Department of Statistics Malaysia and Perak Land and Mineral Office. FINDINGS: According to previous studies, nine factors were influencing the demand for low-cost housing. The factors include (i) population growth, (ii) birth rate, (iii) child mortality rate, (iv) income rate, (v) poverty rate, (vi) unemployment rate, (vii) housing stock (viii) inflation rate, and (ix) Gross Domestic Product (GDP). Recent studies discovered that out of the nine factors, only three of the factors significantly influence the housing demand in Perak. These factors were (i) demographic factors, (ii) monthly household income, and (iv) housing supply. The rate of population growth had drastically increased from the year 2000 to 2010. Additionally, more than 50% of the household in Perak had an average monthly income of less than RM 2,999. Despite these issues, the low-cost housing stock from the year 2010 to 2015 had significantly decreased eventhough the demand for these types of houses was high. The lack of low cost housing units leads to poor well-being as population face (i) burden of high rental, (ii) overcrowding and (iii) substandard housing. Therefore, constant monitoring by the related authorities on the construction of low cost houses is imperatively in need to ensure the continued supply of the low-cost housing targeted to the low-income population.
format	Conference or Workshop Item
author	Mohamed Osman, Mariana Shuid, Syafiee Bachok, Syahriah Khalid, Najihan
author_facet	Mohamed Osman, Mariana Shuid, Syafiee Bachok, Syahriah Khalid, Najihan
author_sort	Mohamed Osman, Mariana
title	Demand for low-cost housing among local people in Perak
title_short	Demand for low-cost housing among local people in Perak
title_full	Demand for low-cost housing among local people in Perak
title_fullStr	Demand for low-cost housing among local people in Perak
title_full_unstemmed	Demand for low-cost housing among local people in Perak
title_sort	demand for low-cost housing among local people in perak
publishDate	2016
url	http://irep.iium.edu.my/53224/ http://irep.iium.edu.my/53224/1/ICABE2016%20Programme%20and%20Abstract%20Book.pdf http://irep.iium.edu.my/53224/3/ICABE2016.pdf
first_indexed	2023-09-18T21:15:21Z
last_indexed	2023-09-18T21:15:21Z
_version_	1777411525124816896

Demand for low-cost housing among local people in Perak

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