An overview of the application of property market modelling in Malaysia

This paper examines the application of property market models in Malaysia. The aim is to determine the relevance, success and trend of models in explaining problems of the property market. The theoretical underpinning of the property market form the foundation of the property market model where mode...

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Main Authors: Kamarudin, Norhaya, Ismail, Suriatini, Mohd. Ali, Hishamuddin, Sipan, Ibrahim, Raji, Fauziah
Format: Article
Language:English
Published: Penerbit UTM Press 2014
Subjects:
Online Access:http://eprints.utm.my/59616/1/NorhayaKamarudin2014_AnOverviewoftheApplicationofProperty.pdf
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author Kamarudin, Norhaya
Ismail, Suriatini
Mohd. Ali, Hishamuddin
Sipan, Ibrahim
Raji, Fauziah
author_facet Kamarudin, Norhaya
Ismail, Suriatini
Mohd. Ali, Hishamuddin
Sipan, Ibrahim
Raji, Fauziah
author_sort Kamarudin, Norhaya
collection ePrints
description This paper examines the application of property market models in Malaysia. The aim is to determine the relevance, success and trend of models in explaining problems of the property market. The theoretical underpinning of the property market form the foundation of the property market model where models represent the real property market situation. Through the analysis on research applying property market models, this research evaluates the application of property market modelling in Malaysia. The SWOT analysis enables the identification of the problems and the advantages of applying models for understanding property market behaviour. Analysis of the strength, weakness, and issues suggests that the main strength lies on the ability of the models to provide an objective explanation to property market problems and its ability to link to other technological innovations, which are useful for resolving real estate problems. The Malaysian experience in this field is relatively new but nevertheless it has significant contribution towards the application of models in real estate research.
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spelling utm.eprints-596162022-04-21T06:24:34Z http://eprints.utm.my/59616/ An overview of the application of property market modelling in Malaysia Kamarudin, Norhaya Ismail, Suriatini Mohd. Ali, Hishamuddin Sipan, Ibrahim Raji, Fauziah HD Industries. Land use. Labor This paper examines the application of property market models in Malaysia. The aim is to determine the relevance, success and trend of models in explaining problems of the property market. The theoretical underpinning of the property market form the foundation of the property market model where models represent the real property market situation. Through the analysis on research applying property market models, this research evaluates the application of property market modelling in Malaysia. The SWOT analysis enables the identification of the problems and the advantages of applying models for understanding property market behaviour. Analysis of the strength, weakness, and issues suggests that the main strength lies on the ability of the models to provide an objective explanation to property market problems and its ability to link to other technological innovations, which are useful for resolving real estate problems. The Malaysian experience in this field is relatively new but nevertheless it has significant contribution towards the application of models in real estate research. Penerbit UTM Press 2014 Article PeerReviewed application/pdf en http://eprints.utm.my/59616/1/NorhayaKamarudin2014_AnOverviewoftheApplicationofProperty.pdf Kamarudin, Norhaya and Ismail, Suriatini and Mohd. Ali, Hishamuddin and Sipan, Ibrahim and Raji, Fauziah (2014) An overview of the application of property market modelling in Malaysia. Jurnal Teknologi, 71 (4). pp. 167-173. ISSN 0127-9696 http://dx.doi.org/10.11113/jt.v71.3838 DOI:10.11113/jt.v71.3838
spellingShingle HD Industries. Land use. Labor
Kamarudin, Norhaya
Ismail, Suriatini
Mohd. Ali, Hishamuddin
Sipan, Ibrahim
Raji, Fauziah
An overview of the application of property market modelling in Malaysia
title An overview of the application of property market modelling in Malaysia
title_full An overview of the application of property market modelling in Malaysia
title_fullStr An overview of the application of property market modelling in Malaysia
title_full_unstemmed An overview of the application of property market modelling in Malaysia
title_short An overview of the application of property market modelling in Malaysia
title_sort overview of the application of property market modelling in malaysia
topic HD Industries. Land use. Labor
url http://eprints.utm.my/59616/1/NorhayaKamarudin2014_AnOverviewoftheApplicationofProperty.pdf
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