Evaluating Housing Needs and Preferences of Generation Y in Malaysia

KAM, K.J., LIM, A.S.H., AL-OBAIDI, Karam and LIM, T.S. (2018). Evaluating Housing Needs and Preferences of Generation Y in Malaysia. Planning Practice and Research, 33 (2), 172-185.

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Abstract

© 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group. In Malaysia, housing providers affect the planning system as housing industry constantly evolves to meet homebuyer needs. Generation Y has exhibited dissimilar housing needs compared to Generation X and Baby Boomer. Thus, housing developers seek to identify the current needs for young homebuyers to avoid experiencing unsold properties. This research aims to identify the fundamental housing needs and psychographic characteristics towards their housing preferences and future planning demands. A quantitative survey was used for collecting data and a statistical analysis was performed to evaluate research outcomes. This research will help local housing developers to understand Generation Y needs and preferences for the future housing demand.

Item Type:	Article
Uncontrolled Keywords:	Homeownership; Generation Y; lifestyle; housing needs; housing preferences; Malaysia; 1205 Urban and Regional Planning; Urban & Regional Planning
Identification Number:	https://doi.org/10.1080/02697459.2018.1427413
Page Range:	172-185
SWORD Depositor:	Symplectic Elements
Depositing User:	Symplectic Elements
Date Deposited:	04 Dec 2020 12:37
Last Modified:	17 Mar 2021 19:16
URI:	https://shura.shu.ac.uk/id/eprint/26945

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