Advances in Applied Science Research Open Access

  • ISSN: 0976-8610
  • Journal h-index: 57
  • Journal CiteScore: 93.86
  • Average acceptance to publication time (5-7 days)
  • Average article processing time (30-45 days) Less than 5 volumes 30 days
    8 - 9 volumes 40 days
    10 and more volumes 45 days
Reach us +32 25889658

Abstract

Factors that made possible to own a house by the low-income group in Malaysia

Norazmawati Md Sani and Abdul Malek Abdul Rahman

House ownership is important for all levels of the housing market whether it is a high, medium or low-cost housing development. Apart from the lifestyle and living standard of a society, this is to ensure that every income earner has a decent shelter.This paper seeks to compare the affordability of house ownership within the 5-year period from 2007 until 2012. The category of low-income earners is chosen as case study. The result shows that in 2012 this group has the ability to afford low-cost house compared to when they were in 2007. Among the factors that influence the affordability is the increase in income, education aid and contribution from the ruling government.