Factors affecting on the Apartment purchase decision of officers in Small and Medium - sized enterprises in Ho Chi Minh City

Le Tung

No wfcbt, OSF Preprints from Center for Open Science

Abstract: In recent years, demand for housing has increased in Ho Chi Minh City (HCMC) despite of apartment market’s felling into the freeze. Besides, apartment`s price has continuously dropped, but the situation has not improved much. Do not the real estate companies really understand the need of buyers ? This paper researches factors affecting the decision to purchase apartment of officers in Small and Medium-sized enterprises (SMEs) in HCMC. We surveyed 321 buyers, using Cronbach`s Alpha Scale testing method, Exploratory Factor Analysis method and multivariate regression methodology. The results indicated that the decision to buy an apartment of officers was affected by three important factors which are habitat environment, characteristics and finance respectively. From the research results, this paper also proposes some solutions to bring the supply and the demand of apartment in HCMC closer together, thereby contributing to solve difficulties for market.

Date: 2014-06-05
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:wfcbt

DOI: 10.31219/osf.io/wfcbt

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