Feng Shui Elements and Its Impact towards the Property Prices - the Malaysian Chinese Perspective

 




 

Wai, Meiji (2020) Feng Shui Elements and Its Impact towards the Property Prices - the Malaysian Chinese Perspective. Final Year Project (Bachelor), Tunku Abdul Rahman University College.

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Abstract

Feng Shui, a philosophical belief that existed for more than 3,000 years, acted as an orientation for the ancient Chinese architects to plan and design the architecture and interior of buildings and it is deeply rooted within China and many East Asian communities. In reference to Census 2010, Chinese has occupied the Great Kuala Lumpur by 43% of the 1.76 million population, this study shows an interest if the Malaysian Chinese shows a belief in Feng Shui and subsequently taking consideration of Feng Shui while purchasing a property. A questionnaire survey was conducted, which focuses on study of landscape through the perspective of Classical Feng Shui. Along with the respondent’s demographic background, 24 items were analysed with Microsoft Excel and Statistical Package for Social Sciences (SPSS), including 13 variables of the Surrounding Environment and External Layout, and 11 elements of the negative outer energy “Wai Sha” Feng Shui. The findings of the result that overall items has shown a high mean score, indicated that presence of Feng Shui elements are important to affect the value of property, while majority of the items has its independent scientific research that supports its importance in influencing value of the residential property, minority shows the contribution of the importance from other perspective. Regardless of religion, personal income, education and the belief in Feng Shui, Malaysian Chinese is concluded that to have subconsciously influenced by Feng Shui as it has been rooted by their ancestors since 3,000 years ago.

Item Type: Final Year Project
Subjects: Social Sciences > Real estate. Property management
Faculties: Faculty of Built Environment > Bachelor of Estate Management (Honours)
Depositing User: Library Staff
Date Deposited: 08 Sep 2020 02:22
Last Modified: 08 Sep 2020 02:22
URI: https://eprints.tarc.edu.my/id/eprint/15683