Preferences of Overseas Filipino Workers (OFWs) for a Residential Property: A Conjoint Analysis

The primary aim of this study is to determine the preferences of Overseas Filipino Workers (OFWs) in Qatar for residential property. A quantitative non-experimental research design utilizing conjoint analysis was employed in the study. A total of two hundred (200) working Overseas Filipino Workers (OFWs) participated in the investigation, selected through a stratified random approach. Results revealed that the location of a residential property is the most significant attribute. At the same time, size or area is the least significant attribute that is being considered by the respondents as depicted in the individual and aggregate model. Further, the most preferred attribute combination for a residential property for Overseas Filipino Workers (OFWs) is a single-detached dwelling near a school in a mixed-use environment with an area of 201 to 500 square meters and a price range of 1.9 million to 3.0 million. On the other hand, the least preferred attribute combination is a condominium unit in proximity to a workplace situated in a mixed-use environment with an area of 100 - 200 square meters and a price range of 4.1 million to 6.0 million.

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Publication Details

Journal
Open Journal of Business and Management
Published
2025-01-01
DOI
https://doi.org/10.4236/ojbm.2025.133082
Primary Topic
Housing Market and Economics
Type
article
Field-Weighted Citation Impact
0.00
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article

Preferences of Overseas Filipino Workers (OFWs) for a Residential Property: A Conjoint Analysis

Joel B. Tan, Marie Joy S. Magsino
Open Journal of Business and Management
Housing Market and Economics
article

Preferences of Overseas Filipino Workers (OFWs) for a Residential Property: A Conjoint Analysis

Joel B. Tan, Marie Joy S. Magsino
article en

Abstract

The primary aim of this study is to determine the preferences of Overseas Filipino Workers (OFWs) in Qatar for residential property. A quantitative non-experimental research design utilizing conjoint analysis was employed in the study. A total of two hundred (200) working Overseas Filipino Workers (OFWs) participated in the investigation, selected through a stratified random approach. Results revealed that the location of a residential property is the most significant attribute. At the same time, size or area is the least significant attribute that is being considered by the respondents as depicted in the individual and aggregate model. Further, the most preferred attribute combination for a residential property for Overseas Filipino Workers (OFWs) is a single-detached dwelling near a school in a mixed-use environment with an area of 201 to 500 square meters and a price range of 1.9 million to 3.0 million. On the other hand, the least preferred attribute combination is a condominium unit in proximity to a workplace situated in a mixed-use environment with an area of 100 - 200 square meters and a price range of 4.1 million to 6.0 million.

Open Journal of Business and ManagementVol. 13(03)
University of the Philippines Mindanao (PH), University of Mindanao (PH)
Decent work and economic growth
Openalex Percentile: Top 85%
Housing Market and Economics
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