Impact of 5G Network on the Malaysian Real Estate Industry: Future Homebuyers’ Perspective

Q2 Engineering

Journal of Design and Built Environment Pub Date : 2022-12-30 DOI:10.22452/jdbe.vol22no3.8

Rohayu Ab Majid, Rosli Said, Razali. M. M. N, Tan Shi Huat

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引用次数: 0

Abstract

The 5G development in Malaysia is still in the preliminary stage. The potential of the development is extremely high which will impact the real estate industry. The impact of 5G development on the Malaysian real estate industry may be assessed from the perspective of prospective property buyers because the real estate is developed for consumers. This research examined the impact of 5G development on the Malaysian real estate industry. The data was obtained through a questionnaire survey distributed to the respondents consisting of the targeted group of prospective house buyers. Exploratory Factor Analysis was employed as the main method of analysis. The factors of sustainability tested from the questionnaire survey were derived from the framework established from the literature review. The study finds that the majority of respondents rate considered all the identified factors as very important to assess the impact of 5G development in Malaysia. Thus, the results indicated that Malaysian prospective home buyers agreed that there will be an impact of 5G development towards the real estate industry. According to the respondents, all of the sustainability variables evaluated will affect the Malaysian real estate market. Therefore, the real estate market players must consider the trend of 5G development in order to deliver essential products and services while taking sustainability factors into account to suit the demands and preferences of future homebuyers.

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5G网络对马来西亚房地产行业的影响:未来购房者的视角

马来西亚的5G发展仍处于初级阶段。发展潜力巨大，将对房地产行业产生冲击。5G发展对马来西亚房地产行业的影响可以从潜在购房者的角度来评估，因为房地产是为消费者开发的。这项研究调查了5G发展对马来西亚房地产行业的影响。数据是通过一份问卷调查获得的，调查对象包括目标群体的潜在购房者。探索性因子分析是主要的分析方法。问卷调查中测试的可持续性因素源自文献综述所建立的框架。该研究发现，大多数受访者认为所有确定的因素对于评估马来西亚5G发展的影响非常重要。因此，结果表明，马来西亚潜在购房者同意5G发展将对房地产行业产生影响。根据受访者，所有的可持续性变量评估将影响马来西亚房地产市场。因此，房地产市场参与者必须考虑5G发展的趋势，以便提供必要的产品和服务，同时考虑可持续性因素，以满足未来购房者的需求和偏好。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Design and Built Environment Engineering-Architecture

CiteScore

1.70

自引率

0.00%

发文量

审稿时长

16 weeks

期刊介绍： The Journal of Design and Built Environment (JDBE) is a SCOPUS-indexed and free open access publication by the Faculty of Built Environment, University of Malaya. Published biannually, JDBE usually contains four academic papers of wide-ranging topics reporting on issues in the built environment, i.e. architecture and design including landscape architecture, urban and regional planning and studies, building and quantity surveys and real estate studies and management.