Bridging the supply and demand gap for affordable home ownership in Malaysia: the roles of government and financial institutions
Promoting homeownership remains a conundrum in a developing economy in Malaysia. Despite significant initiatives pursued by the government, more needs to be done to promote affordable and sustainable homeownership further. Khazanah Report (2018) provides evidence that housing affordability in Malays...
Saved in:
Main Authors: | , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Mason Publishing Group.
2019
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/26915/1/JMIP%2017%201%202019%20160%20175.pdf http://repo.uum.edu.my/26915/ http://doi.org/10.21837/pmjournal.v17.i9.595 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.26915 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.269152020-03-16T02:23:14Z http://repo.uum.edu.my/26915/ Bridging the supply and demand gap for affordable home ownership in Malaysia: the roles of government and financial institutions Mohd Yusof, Rosylin Mohd Khan, Shazida Jan M. Yusuf, Fauziah Abdul Majid, Nurul Huda HG Finance Promoting homeownership remains a conundrum in a developing economy in Malaysia. Despite significant initiatives pursued by the government, more needs to be done to promote affordable and sustainable homeownership further. Khazanah Report (2018) provides evidence that housing affordability in Malaysia is worsening compared to one reported in 2015.This study therefore aims to empirically assess the role of government in terms of designing policies to promote the supply of affordable homes and the role of financial institutions in terms of providing home financing. The finding reveals that existing housing policies and government programmes have a significant role in promoting homeownership. The finding further suggests that building and completing more units of affordable homes (as captured by housing stocks) and promoting innovative home financing products (both conventional and Islamic) are the most significant variables in promoting homeownership in Malaysia. Mason Publishing Group. 2019 Article PeerReviewed application/pdf en http://repo.uum.edu.my/26915/1/JMIP%2017%201%202019%20160%20175.pdf Mohd Yusof, Rosylin and Mohd Khan, Shazida Jan and M. Yusuf, Fauziah and Abdul Majid, Nurul Huda (2019) Bridging the supply and demand gap for affordable home ownership in Malaysia: the roles of government and financial institutions. Journal of the Malaysian Institute of Planners, 17 (1). pp. 160-175. ISSN 1675-6215 http://doi.org/10.21837/pmjournal.v17.i9.595 doi:10.21837/pmjournal.v17.i9.595 |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutional Repository |
url_provider |
http://repo.uum.edu.my/ |
language |
English |
topic |
HG Finance |
spellingShingle |
HG Finance Mohd Yusof, Rosylin Mohd Khan, Shazida Jan M. Yusuf, Fauziah Abdul Majid, Nurul Huda Bridging the supply and demand gap for affordable home ownership in Malaysia: the roles of government and financial institutions |
description |
Promoting homeownership remains a conundrum in a developing economy in Malaysia. Despite significant initiatives pursued by the government, more needs to be done to promote affordable and sustainable homeownership further. Khazanah Report (2018) provides evidence that housing affordability in Malaysia is worsening compared to one reported in 2015.This study therefore aims to empirically assess the role of government in terms of designing policies to promote the supply of affordable homes and the role of financial institutions in terms of providing home financing. The finding reveals that existing housing policies and government programmes have a significant role in promoting homeownership. The finding further suggests that building and completing more units of affordable homes (as captured by housing stocks) and promoting innovative home financing products (both conventional and Islamic) are the most significant variables in promoting homeownership in Malaysia. |
format |
Article |
author |
Mohd Yusof, Rosylin Mohd Khan, Shazida Jan M. Yusuf, Fauziah Abdul Majid, Nurul Huda |
author_facet |
Mohd Yusof, Rosylin Mohd Khan, Shazida Jan M. Yusuf, Fauziah Abdul Majid, Nurul Huda |
author_sort |
Mohd Yusof, Rosylin |
title |
Bridging the supply and demand gap for affordable home ownership in Malaysia: the roles of government and financial institutions |
title_short |
Bridging the supply and demand gap for affordable home ownership in Malaysia: the roles of government and financial institutions |
title_full |
Bridging the supply and demand gap for affordable home ownership in Malaysia: the roles of government and financial institutions |
title_fullStr |
Bridging the supply and demand gap for affordable home ownership in Malaysia: the roles of government and financial institutions |
title_full_unstemmed |
Bridging the supply and demand gap for affordable home ownership in Malaysia: the roles of government and financial institutions |
title_sort |
bridging the supply and demand gap for affordable home ownership in malaysia: the roles of government and financial institutions |
publisher |
Mason Publishing Group. |
publishDate |
2019 |
url |
http://repo.uum.edu.my/26915/1/JMIP%2017%201%202019%20160%20175.pdf http://repo.uum.edu.my/26915/ http://doi.org/10.21837/pmjournal.v17.i9.595 |
_version_ |
1662757794617491456 |
score |
13.18916 |