Consumer Preferences in South Tangerang's Residential Housing Market: A Study of Price, Quality, and Location Factors

This study investigates the key factors influencing housing purchase decisions in South Tangerang's growing property market, with a focus on price, construction quality, and location. The increasing urban development in South Tangerang necessitates a deeper understanding of these factors to meet the rising housing demand. Utilizing a quantitative approach, data was collected from 142 homebuyers in 2023, with 118 respondents selected through purposive sampling. The primary data was gathered via structured online questionnaires, ensuring reliability and normal distribution. The analysis revealed that price and location significantly impact purchase decisions, while construction quality does not. The findings highlight the importance of considering price and location in shaping consumer preferences, offering valuable insights for developers to enhance their strategies and effectively address market demand in this dynamic sector.

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Publication Details

Journal
West Science Business and Management
Published
2025-03-28
DOI
https://doi.org/10.58812/wsbm.v3i01.1605
Primary Topic
Consumer Retail Behavior Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Consumer Preferences in South Tangerang's Residential Housing Market: A Study of Price, Quality, and Location Factors

Syifa Hanifa Salsabil, Windarko Windarko, Djano Lastro
West Science Business and Management
Consumer Retail Behavior Studies
article

Consumer Preferences in South Tangerang's Residential Housing Market: A Study of Price, Quality, and Location Factors

Syifa Hanifa Salsabil, Windarko Windarko, Djano Lastro
article en

Abstract

This study investigates the key factors influencing housing purchase decisions in South Tangerang's growing property market, with a focus on price, construction quality, and location. The increasing urban development in South Tangerang necessitates a deeper understanding of these factors to meet the rising housing demand. Utilizing a quantitative approach, data was collected from 142 homebuyers in 2023, with 118 respondents selected through purposive sampling. The primary data was gathered via structured online questionnaires, ensuring reliability and normal distribution. The analysis revealed that price and location significantly impact purchase decisions, while construction quality does not. The findings highlight the importance of considering price and location in shaping consumer preferences, offering valuable insights for developers to enhance their strategies and effectively address market demand in this dynamic sector.

West Science Business and ManagementVol. 3(01)
Badan Penelitian dan Pengembangan Kesehatan (ID), Universitas Atma Jaya Makassar (ID)
Openalex Percentile: Top 92%
Consumer Retail Behavior Studies
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