Critical Factors Affecting Double Storey Terrace Houses Prices in Bandar Baru Bangi

Everybody needs a house as shelter, either by renting or owning one. In order to have a good place called home, the location normally will be the priority in the list. Recently Bandar Baru Bangi which is recognized as Malay Elite Town has the significantly shown an increase in house prices starting from the mid 90's. Thus, this area is the main focused of the research. The increase in the prices for double storey terrace house in major areas in Malaysia has been a concern for property buyers, especially in developing areas. There are twenty one factors listed for the research and the factors are grouped into three main groups; internal, external and capitalist factors. The survey analysis by the developers who handles the double storey terrace house sales in Bandar Baru Bangi for past years indicates that that the capitalized factor such as supply and demand, market conditions, and access to public transport and distance to the city centre are the factors influencing the price of double storey terrace houses in Bandar Baru Bangi.