{"id":443,"date":"2013-08-11T15:35:01","date_gmt":"2013-08-11T07:35:01","guid":{"rendered":"https:\/\/builtsurvey.utm.my\/intrest\/?p=443"},"modified":"2018-03-11T09:44:22","modified_gmt":"2018-03-11T01:44:22","slug":"volume-7-issue-1","status":"publish","type":"post","link":"https:\/\/builtsurvey.utm.my\/intrest\/2013\/08\/11\/volume-7-issue-1\/","title":{"rendered":"Volume 7 Issue 1"},"content":{"rendered":"\n\n\n\n
Journal\u00a0<\/strong>Volume\u00a07<\/strong>, No\u00a01,\u00a0<\/strong>ISSN:\u00a01832-8505\u00a0<\/strong>Date:\u00a0Jun, 2012<\/strong><\/td>\n<\/tr>\n
Title: <\/strong>A CONCEPTUAL STUDY ON LANDLORD AND TENANT LAW IN PENINSULAR\u00a0MALAYSIA: A FOCUS ON PRIVATE RESIDENTIAL TENANCY<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

-By Azlinor Sufian <\/em><\/p>\n

Abstract<\/p>\n

Unlike other jurisdictions such as the UK, Australia, New Zealand and Canada, Malaysia does not have a legislation that deals specifically with landlords and tenants. A tenancy agreement can be concluded either orally or in writing.\u00a0As such, the rights and obligations of both parties depend on the terms and conditions of the contract entered by\u00a0them. The problem would arise if both landlord and tenant are not equal in footing in terms of bargaining power.\u00a0Hence, their rights either as a landlord or a tenant may not be well-protected. There is no specific law dealing with\u00a0rent control and other related matters that lead to tenancy disputes. These include issues on security and rental\u00a0deposit, quality and safety of the rented house, termination, eviction, and a mechanism for dispute settlement. While\u00a0provisions on tenancies and leases can be found in the National Land Code 1965, Contracts Act 1950, Distress Act\u00a01951, and Specific Relief Act 1950, the existing legislation remains rather vague and deals with the issue in\u00a0piecemeal. The question thus arises whether a comprehensive law in a single statute is really needed to regulate\u00a0focuses on the relationship between a landlord and a tenant in a private residential tenancy. The objectives of this\u00a0paper are to identify the key legal issues in a landlord and tenant relationship in this sector and to examine the\u00a0adequacy of the existing legal framework. The reported cases on landlord and tenant may become evidence as to the\u00a0need for a specific landlord and tenant law in Peninsular Malaysia, in particular, for private residential tenancy. The\u00a0best practices from Scotland are taken as a reference, whenever necessary. The study found that based on laws and\u00a0practices in these two jurisdictions, it is very significant to have a specific law to regulate the relationship between\u00a0landlord and tenant in private residential tenancy in order to protect the interest of all parties involved.<\/p>\n

Keywords: Landlord and tenant, housing, contract, common law, private residential tenancy<\/p>\n

A CONCEPTUAL STUDY ON LANDLORD AND TENANT LAW IN PENINSULAR MALAYSIA, A FOCUS ON PRIVATE RESIDENTIAL TENANCY<\/a><\/p>\n

 <\/p>\n\n\n\n\n
Journal\u00a0<\/strong>Volume\u00a07<\/strong>, No\u00a01,\u00a0<\/strong>ISSN:\u00a01832-8505\u00a0<\/strong>Date:\u00a0Jun, 2012<\/strong><\/td>\n<\/tr>\n
Title: <\/strong>DETERMINING FACTORS OF CORPORATE REAL ESTATE (CRE) STRATEGY\u00a0IMPLEMENTATION IN THE MALAYSIAN BUSINESS CORPORATIONS<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

-By\u00a0Marwani Mohd Ridzuan<\/em><\/p>\n

Abstract<\/p>\n

This paper focuses on factors which may influence the top management of Malaysian business corporations to\u00a0implement Corporate Real Estate (CRE) strategy in their organisation. The purpose of the study is to identify the\u00a0determining factors that trigger the top management of business corporations to consider CRE strategy as part of\u00a0their overall business strategy. Series of interview with the real estate experts and top management personnel\u00a0indicate that there are some factors which may influence the Malaysian business corporations to include CRE\u00a0strategy as their business strategy. Findings showed that common factors which influence top management\u00a0personnel to incorporate CRE strategy in the business strategy include the type of business industry, knowledge\u00a0and background of top management especially on their working experience, level of involvement on property\u00a0matters, and top managements\u201f personal beliefs on the business success.<\/p>\n

Keywords: Corporate Real Estate (CRE), Corporate Real Estate Strategy, Business Strategy<\/p>\n

DETERMINING FACTORS OF CORPORATE REAL ESTATE (CRE) STRATEGY IMPLEMENTATION IN THE MALAYSIAN BUSINESS CORPORATIONS<\/a><\/p>\n

 <\/p>\n\n\n\n\n
Journal\u00a0<\/strong>Volume\u00a07<\/strong>, No\u00a01,\u00a0<\/strong>ISSN:\u00a01832-8505\u00a0<\/strong>Date:\u00a0Jun, 2012<\/strong><\/td>\n<\/tr>\n
Title: <\/strong>FORECASTING HOUSE PRICE INDEX USING ARTIFICIAL NEURAL\u00a0NETWORK<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

-By Mohamad Shukry b. Mohd Radzi, Chitrakala Muthuveerappan, Norhaya Kamarudin and Izran Sarrazin Mohammad
\n<\/em><\/p>\n

Abstract<\/p>\n

Property forecasting is an important component in the decision-making process for investors and governments\u00a0in supporting asset allocation, formulating property funding strategies, and determining suitable policies.\u00a0Multiple regression analysis has been accepted as the most commonly used technique for property forecasting.\u00a0However, this technique has a limited ability to effectively deal with relations among variables, nonlinearity,\u00a0and multicolinearity. A number of alternative techniques have been applied to improve the reliability of\u00a0forecasting information, one of which is artificial neural network. This study applies this technique to forecast\u00a0residential property prices in Malaysia. Unemployment rate, population size, mortgage rate, and household\u00a0income were chosen as the independent variables while Housing Price Index (HPI) was chosen as the dependent\u00a0variable. Quarterly time-series data from 2000 to 2009 were used for training and testing the ANN model.\u00a0Subsequently, data for 2010 and 2011 were used to validate the model. Model validation has resulted in the\u00a0mean absolute percentage error (MAPE) of 8% thereby suggesting a high level accuracy of ANN in its ability to\u00a0learn, generalize, and converge time series data efficiently and to produce reliable forecasting information.<\/p>\n

Keywords: house price index, artificial neural network (ANN), demand forecasting<\/p>\n

FORECASTING HOUSE PRICE INDEX USING ARTIFICIAL NEURAL NETWORK<\/a><\/p>\n

 <\/p>\n\n\n\n\n
Journal\u00a0<\/strong>Volume\u00a07<\/strong>, No\u00a01,\u00a0<\/strong>ISSN:\u00a01832-8505\u00a0<\/strong>Date:\u00a0Jun, 2012<\/strong><\/td>\n<\/tr>\n
Title:<\/strong> HOUSING DEVELOPERS\u2019 INITIATIVE IN SUPPORTING\u00a0SUSTAINABLE HOUSING DEVELOPMENT IN ISKANDAR MALAYSIA<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

-By Ainur Zaireen Zainudin, Maslinda Abd Latiff, Norhidayah Md Yunus,\u00a0Nor\u2019Aini Yusof, Megat Mohamed Ghazali Megat Abdul Rahman and Khadijah Hussin<\/em><\/p>\n

Abstract<\/p>\n

This paper attempts to discover private housing developers\u201f initiatives in supporting the development of sustainable\u00a0housing in Malaysia. A study has been conducted to identify the sustainable housing concepts in housing\u00a0development, the location, type of house, and price. By utilizing the post-modern approach, this study examines the\u00a0marketing brochures collected during the Malaysia Property Exhibition 2009 (MAPEX 2009). As many as 31 brochures were collected and analyzed using the content analysis approach. From the analysis, it is found that\u00a0most developers build houses by applying sustainable urban housing concepts although without directly using the\u00a0word \u201csustainable\u201d in their marketing brochures. Secure house is the most prominent sustainable housing concept\u00a0used by housing developers, mostly through the development of gated and guarded housing. The developments have\u00a0been concentrated in Johor Bahru, and mostly in the form of double-storey houses with prices above RM 200,000. It\u00a0shows that this concept is parallel to Iskandar Malaysia Sustainable Development Principle that is to provide safety\u00a0and comfort to the communities. Although this study has several limitations, it is significant to provide a preliminary\u00a0overview on the progress of sustainable housing in the study area.<\/p>\n

Keywords: Sustainable housing, housing developers\u2019 initiatives, marketing brochures.<\/p>\n

HOUSING DEVELOPERS\u2019 INITIATIVE IN SUPPORTING SUSTAINABLE HOUSING DEVELOPMENT IN ISKANDAR MALAYSIA<\/a><\/p>\n

 <\/p>\n\n\n\n\n
Journal\u00a0<\/strong>Volume\u00a07<\/strong>, No\u00a01,\u00a0<\/strong>ISSN:\u00a01832-8505\u00a0<\/strong>Date:\u00a0Jun, 2012<\/strong><\/td>\n<\/tr>\n
Title:<\/strong> SPATIOTEMPORAL AUTOREGRESSIVE MODELLING OF\u00a0RESIDENTIAL PROPERTY PRICES <\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

-By Nurul Hana Adi Maimun, SuriatiniIsmail, Abdul Hamid Mar Iman<\/em><\/p>\n

Abstract<\/p>\n

The aim of this paper was to evaluate the capability of the spatiotemporal autoregressive (STAR) model in\u00a0constructing house price index using Malaysian data. An improved method for constructing the Malaysian\u00a0House Price Index (MHPI) was proposed by incorporating spatial and temporal information into model\u00a0specification. STAR was specified based on the theoretical framework and compared with the OLS based on\u00a0logical, statistical, diagnostic, and predictive performance. Comparisons were also made between the OLS and\u00a0STAR indices at the aggregate and disaggregate levels. The findings suggest that the STAR model performed\u00a0better than the OLS model.<\/p>\n

Keywords: Spatiotemporal autoregressive model; ordinary least squares; hedonic; spatial statistics; house price\u00a0index; Malaysian housing market<\/p>\n

SPATIOTEMPORAL AUTOREGRESSIVE MODELLING OF RESIDENTIAL PROPERTY PRICES<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Journal\u00a0Volume\u00a07, No\u00a01,\u00a0ISSN:\u00a01832-8505\u00a0Date:\u00a0Jun, 2012 Title: A CONCEPTUAL STUDY ON LANDLORD AND TENANT LAW IN PENINSULAR\u00a0MALAYSIA: A FOCUS ON PRIVATE RESIDENTIAL TENANCY -By Azlinor Sufian Abstract Unlike other jurisdictions such as the UK, Australia, New Zealand and Canada, Malaysia does not have a legislation that deals specifically with landlords and tenants. A tenancy agreement can be concluded […]<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-443","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/builtsurvey.utm.my\/intrest\/wp-json\/wp\/v2\/posts\/443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/builtsurvey.utm.my\/intrest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/builtsurvey.utm.my\/intrest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/builtsurvey.utm.my\/intrest\/wp-json\/wp\/v2\/users\/258"}],"replies":[{"embeddable":true,"href":"https:\/\/builtsurvey.utm.my\/intrest\/wp-json\/wp\/v2\/comments?post=443"}],"version-history":[{"count":0,"href":"https:\/\/builtsurvey.utm.my\/intrest\/wp-json\/wp\/v2\/posts\/443\/revisions"}],"wp:attachment":[{"href":"https:\/\/builtsurvey.utm.my\/intrest\/wp-json\/wp\/v2\/media?parent=443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/builtsurvey.utm.my\/intrest\/wp-json\/wp\/v2\/categories?post=443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/builtsurvey.utm.my\/intrest\/wp-json\/wp\/v2\/tags?post=443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}