Gated and Guarded Community (GACOS) in Malaysia: worth or not?

Type Working Paper
Title Gated and Guarded Community (GACOS) in Malaysia: worth or not?
Author(s)
Publication (Day/Month/Year) 2012
URL http://eprints.qut.edu.au/56928/2/56928.pdf
Abstract
A 'Gated and Guarded Community' has become a popular trend in the recent years,
particularly for housing areas. The increasing in population and income has lead to the increase in
housing demand. The 1991 Population Census Report showed that Malaysian population has increased
with an average yearly rate of 2.7% per year, that is, from 13.74 million people in 1980 to 19.35 million
in 1991, followed by 20.69 million in 1995 and increase to 23.27 in year 2000. This is followed by
consistent increase in the average population monthly income. Started from 1995 to 1999, the average
annual growth rate of mean monthly income in Malaysia is about 5.2 %, from RM2,020.00 in 1995 to
RM2,472.00 in 1999 and increasing constantly. This shows that the human growth usually have
correlation between demand, income and housing. This paper presents the factors that involved in
determined the Gated and Guarded Community Investment in Malaysia either it is worth to invest or
otherwise. Hopefully, the results will also indicate that there may be other factors affecting their
investment decision besides security and privacy. This paper is actually to draw attention to some
practitioner and collect more information in establishing my research analysis.

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