Housing Affordability Woes and The State Of Developed Under development In Penang Island
Housing affordability is a critical issue in Malaysia. This issue is doubly challenging in states like Penang where its topographical make-up is divided into a mainland and an island. The dwindling stock of land in Penang Island has inevitably pushed up house prices. To compound this problem, a comb...
Saved in:
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia
2017
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/24945/1/MMJ%2021%202017%201%2016.pdf http://repo.uum.edu.my/24945/ http://mmj.uum.edu.my/index.php/current-issues |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.24945 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.249452018-10-15T02:25:58Z http://repo.uum.edu.my/24945/ Housing Affordability Woes and The State Of Developed Under development In Penang Island Khoo, Suet Leng Malek, Nor Malina Mat Yasin, Suziana HD28 Management. Industrial Management Housing affordability is a critical issue in Malaysia. This issue is doubly challenging in states like Penang where its topographical make-up is divided into a mainland and an island. The dwindling stock of land in Penang Island has inevitably pushed up house prices. To compound this problem, a combination of policy and socio-economic changes has collectively hiked up the cost of buying a house on the island. This has hindered equal opportunities towards home ownership. Based on a development perspective, this paper attempts to contextualize current housing woes in Penang Island. This paper argues that Penang Island’s physical urban environment has ‘developed’ in terms of aesthetic values and appreciated in monetary terms but actual development in terms of a person’s ‘capability to function’ and enjoy a better quality of life is not progressing in tandem. A critical state of developed underdevelopment is currently unfolding on the island in terms of housing affordability. The recommendations of this paper will contribute towards shaping pragmatic housing policies. Universiti Utara Malaysia 2017-12 Article PeerReviewed application/pdf en http://repo.uum.edu.my/24945/1/MMJ%2021%202017%201%2016.pdf Khoo, Suet Leng and Malek, Nor Malina and Mat Yasin, Suziana (2017) Housing Affordability Woes and The State Of Developed Under development In Penang Island. Malaysian Management Journal, 21. pp. 1-16. ISSN 0128-6226 http://mmj.uum.edu.my/index.php/current-issues |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutionali Repository |
url_provider |
http://repo.uum.edu.my/ |
language |
English |
topic |
HD28 Management. Industrial Management |
spellingShingle |
HD28 Management. Industrial Management Khoo, Suet Leng Malek, Nor Malina Mat Yasin, Suziana Housing Affordability Woes and The State Of Developed Under development In Penang Island |
description |
Housing affordability is a critical issue in Malaysia. This issue is doubly challenging in states like Penang where its topographical make-up is divided into a mainland and an island. The dwindling stock of land in Penang Island has inevitably pushed up house prices. To compound this problem, a combination of policy and socio-economic changes has collectively hiked up the cost of buying a house on the island. This has hindered equal opportunities towards home ownership. Based on a development perspective, this paper attempts to contextualize current housing woes in Penang Island. This paper argues that Penang Island’s physical urban environment has ‘developed’ in terms of aesthetic values and appreciated in monetary terms but actual development in terms of a person’s ‘capability to function’ and enjoy a better quality of life is not progressing in tandem. A critical state of developed underdevelopment is currently unfolding on the island in terms of housing affordability. The recommendations of this paper will contribute towards shaping pragmatic housing policies. |
format |
Article |
author |
Khoo, Suet Leng Malek, Nor Malina Mat Yasin, Suziana |
author_facet |
Khoo, Suet Leng Malek, Nor Malina Mat Yasin, Suziana |
author_sort |
Khoo, Suet Leng |
title |
Housing Affordability Woes and The State Of Developed Under development In Penang Island |
title_short |
Housing Affordability Woes and The State Of Developed Under development In Penang Island |
title_full |
Housing Affordability Woes and The State Of Developed Under development In Penang Island |
title_fullStr |
Housing Affordability Woes and The State Of Developed Under development In Penang Island |
title_full_unstemmed |
Housing Affordability Woes and The State Of Developed Under development In Penang Island |
title_sort |
housing affordability woes and the state of developed under development in penang island |
publisher |
Universiti Utara Malaysia |
publishDate |
2017 |
url |
http://repo.uum.edu.my/24945/1/MMJ%2021%202017%201%2016.pdf http://repo.uum.edu.my/24945/ http://mmj.uum.edu.my/index.php/current-issues |
_version_ |
1644284184477302784 |
score |
13.149126 |