Exploring Residential Property Buying Decisions in Northern Sarawak’s Metropolitan Regions: Financial, Design, Environmental Factors, and the Role of Information Asymmetry

Geoffery Ranggu Anak, Thomas (2024) Exploring Residential Property Buying Decisions in Northern Sarawak’s Metropolitan Regions: Financial, Design, Environmental Factors, and the Role of Information Asymmetry. PhD thesis, Universiti Malaysia Sarawak (UNIMAS).

	PDF DOW_Geoffery Ranggu.pdf Restricted to Repository staff only Download (779kB) | Request a copy
	PDF Theis DBA_Geoffery Ranggu - retricted.pdf Download (508kB)
	PDF (Please get the password by email to repository@unimas.my , or call ext: 3942 / 3973 / 3933) Geoffery DBA Revised Dissertation.ftext.pdf Restricted to Registered users only Download (2MB) | Request a copy

Abstract

This dissertation investigates the role of asymmetric information on residential property buying decisions in the metropolitan areas of the Northern Region of Sarawak. Asymmetric information refers to the unequal distribution of information between buyers and sellers, leading to potential market inefficiencies. The study aims to identify the impact of financial, design, and environmental factors on residential property buying decisions and role of asymmetric information may in these relationships. The research employs a quantitative approach and collects data through a survey questionnaire administered to households in the target areas. Employing Statistical Package for Social Sciences (SPSS) for rigorous data analysis, including descriptive statistics, frequency, factor, and multiple regression analysis, the study meticulously examines the interplay between financial, design, and environmental factors in residential property buying decisions, underpinning the pivotal role of asymmetric information. Results indicate that while financial considerations play a pivotal role in residential property buying decision, the presence of asymmetric information affect the strength of these associations. This suggests a more subtle influence of these predictors under the lens of information asymmetry. The study's findings can inform policymakers, developers, and real estate agents about the significance of reducing information asymmetry to promote efficient property markets. The study advocates for enhanced transparency and accessible information sharing, guiding regulations and practices that ensure buyers are well-informed. This approach also reinforces trust and fairness, underlining the key impact of informed decision-making on market dynamics.

Actions (For repository members only: login required)

View Item