Housing Preference of Young Adults in Klang Valley

Yaw, Wei Hoong (2022) Housing Preference of Young Adults in Klang Valley. Final Year Project (Bachelor), Tunku Abdul Rahman University College.

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Abstract

Owning a house is also a major goal for every citizen in Malaysia. However, choosing a house is not an easy thing, especially choosing a preference house. Housing selection involves more than simply picking a physical location. Homebuyers are choosing a range of housing attributes for the selection of housing. The mismatch between the characteristics of the housing that has been delivered and the needs of prospective homebuyers leads to a large number of unsold properties in the property market in Malaysia. A study of housing preferences may be described as a study of housing attribute preferences. Therefore, the purpose of this study is to investigate the housing preference of young adults in Klang Valley. A conceptual framework which is developed based on review of previous literature and then is tested on a sample of 100 respondents which aged from 20 to 34 years old as well as stay in Klang Valley. The data collected was analyzed using SPSS Statistics. Descriptive analysis and inferential analysis through One-Way ANOVA were carried out to analyze the data. The findings of descriptive analysis revealed the most preferred type of residential property and housing attributes by young adults. This research is conducted in hoped to provide information regarding the housing preference of young adults to the housing developers. The limitations and recommendations for future studies are then laid out in the final chapter.