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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Format: | Article |
Language: | English |
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Penerbit UTM Press
2014
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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. |
first_indexed | 2024-03-05T19:45:54Z |
format | Article |
id | utm.eprints-59616 |
institution | Universiti Teknologi Malaysia - ePrints |
language | English |
last_indexed | 2024-03-05T19:45:54Z |
publishDate | 2014 |
publisher | Penerbit UTM Press |
record_format | dspace |
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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