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Gated and Guarded Community (GACOS) in Malaysia : worth or not?

Mat Noor, Noorsidi Aizuddin, Eves, Chris, Abdul Mutalib, Noor Faizah, & Wan Abd Aziz, Wan Nor Azriyati (2012) Gated and Guarded Community (GACOS) in Malaysia : worth or not? In International Conference On Real Estate 2012 (INTEREC 2012), 9-11 June 2012, Kuala Lumpur. (In Press)

Abstract

A 'Gated and Guarded Community' has become a popular trend in the recent years, particularly for housing areas. The increasing in population and income has lead to the increase in housing demand. The 1991 Population Census Report showed that Malaysian population has increased with an average yearly rate of 2.7% per year, that is, from 13.74 million people in 1980 to 19.35 million in 1991, followed by 20.69 million in 1995 and increase to 23.27 in year 2000. This is followed by consistent increase in the average population monthly income. Started from 1995 to 1999, the average annual growth rate of mean monthly income in Malaysia is about 5.2 %, from RM2,020.00 in 1995 to RM2,472.00 in 1999 and increasing constantly. This shows that the human growth usually have correlation between demand, income and housing. This paper presents the factors that involved in determined the Gated and Guarded Community Investment in Malaysia either it is worth to invest or otherwise. Hopefully, the results will also indicate that there may be other factors affecting their investment decision besides security and privacy. This paper is actually to draw attention to some practitioner and collect more information in establishing my research analysis.

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ID Code: 56928
Item Type: Conference Paper
Keywords: Real Estate, Gated and Guarded, Investment, Resident
Subjects: Australian and New Zealand Standard Research Classification > ENGINEERING (090000)
Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000)
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Copyright Owner: Copyright 2012 [please consult the author]
Deposited On: 07 Feb 2013 13:15
Last Modified: 13 Feb 2013 08:49

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