Penentuan harga rumah berdasarkan faktor-faktor mikro

Abstract

The Malaysian Government recognizes housing as the basic human need and an important component of urban economy. In theory, the housing market in the economic structure is the influence of the core concepts of supply and demand, market forces, and the equilibrium price. Price is the amount of money paid by a willing buyer in a transaction to obtain title or right such as goods. However, the balance in the housing market is difficult to achieve because of the demand and supply of housing is influenced by various factors. These factors can be categorized into two types: macro and micro factors. Thus, this study is to identify the macro and micro factors that influencing housing price. Besides that, this study is also to analyze the relationship between the macro and micro factors that influence price of housing. However, many factors influencing housing price is identified. The data uses for this study obtained from the secondary sources only. The methods used to analyze data are correlation and regression analysis. Based on the analysis, it is found that the significant factors influencing house price are floor area, land area, corner lot position, number of levels and the end lot position.