Khairul Adlee, Nurul Faziera and Misiran, Masnita and Md Yusof, Zahayu and Sapiri, Hasimah and Amit, Norani (2021) Sustainable Housing for Malaysian: A Crowdfunding Initiative through SEM Perspective. In: 1st Joint International Conference on Mathematics, Statistics and Engineering (J-CoMSE 2021), 12–13 July 2021, Penang, Malaysia.

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Abstract

Crowdfunding has risen as a progressive financing model that enables small businesses to raise fund. In Malaysia, this platform is being innovated into real estate crowdfunding initiative, to ease current restriction of home ownership among category of people that is otherwise difficult to secure mortgages from conventional platform. Therefore, this paper examines the perception of Malaysian young adults towards property crowdfunding platform using structural equation modelling. The aim is to determine the perceptions of the targeted group towards this investment vehicle. Results showed that the expectation on return and saving portrayed the highest relationship, indicating highest effects towards the perception of property crowdfunding among young adults. While relationship between the return expectation and risk tolerancy showed no effects towards the perception of property crowdfunding. This initiative has potential to become the driver for sustainable development, as the risk of faults in paying mortgage can be reduced significantly compared to traditional means

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	Online ISSN 1551-7616 Print ISSN 0094-243X
Uncontrolled Keywords:	Property crowdfunding, sustainable development, investment risk, affordable housing, structural equation modelling
Subjects:	K Law > K Law (General)
Divisions:	School of Quantitative Sciences
Depositing User:	Mdm. Sarkina Mat Saad @ Shaari
Date Deposited:	30 Apr 2024 13:12
Last Modified:	30 Apr 2024 13:12
URI:	https://repo.uum.edu.my/id/eprint/30775

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