The development of a university in a rural area-its impact towards property development

Md. Yassin, Azlina and Masram, Haidaliza and Foong, Mei Ling (2016) The development of a university in a rural area-its impact towards property development. The Social Sciences, 11 (11). pp. 2705-2711. ISSN 1818-5800

Text AJ 2016 (19).pdf Restricted to Registered users only Download (317kB) | Request a copy

Abstract

Development of a public university in a rural area have resulted to several changes such as population growth, demographic changes as well as an in. creasing demand for properties. This research aims to review the demand for residential property development in Parit Raja after development of UTHM as well as to analyse the future demand for residential property development in Parit Raja. The research is carried out within the Parit Raja area, for year 2006-2018. The research adopted quantitative approach by using observation and document review. A mathematical calculation known as Moving Average of order 2, MA (2) and order 3, MA (3) were used to forecast future demand. The results show that the demand for residential property development has increased since development of the university. However, the trend does not sustain for a long run. Moreover, the future demand for residential property development is forecasted to fluctuate due to several reasons. Therefore, this result will help an investor to decide whether to participate in the development in Parit Raja or not in future as well as to establish the UTHM brand's as one of the prominent education provider in Malaysia.

Item Type:	Article
Uncontrolled Keywords:	Development; residential; university; UTHM; property
Subjects:	L Education > LG Individual institutions (Asia. Africa) > LG21-395 Asia > LG173 Malaysia
Divisions:	Faculty of Technology Management and Business > Department of Real Estate Management
Depositing User:	Mrs. Mashairani Ismail
Date Deposited:	25 Nov 2021 07:36
Last Modified:	25 Nov 2021 07:36
URI:	http://eprints.uthm.edu.my/id/eprint/4181

Actions (login required)

View Item