Journal of Innovation Research and Knowledge
Vol. 2 No. 7: Desember 2022

FACTORS INFLUENCING RESIDENTIAL PROPERTY PURCHASE DECISIONS DURING THE COVID-19 PANDEMIC (CASE STUDY ON CITRALAND GAMA CITY MEDAN HOUSING)

F. X. Ery Kristiono (Master in Property Management and Valuation, Universitas Sumatera Utara, Indonesia)
Elisabet Siahaan (Master in Property Management and Valuation, Universitas Sumatera Utara, Indonesia)
Nazaruddin Nazaruddin (Master in Property Management and Valuation, Universitas Sumatera Utara, Indonesia)



Article Info

Publish Date
20 Dec 2022

Abstract

The purpose of this research is to understand factors influencing residential property purchase decisions during the COVID-19 pandemic, case study on Citraland Gama City Medan Housing. Research in this study using quantitative research. The population in this study are 251 heads of families who are all property buyers of Citraland Gama City Medan Housing during the COVID-19 pandemic. The sample in this study are 72 heads of families who are all property buyers of Citraland Gama City Medan Housing during the COVID-19 pandemic. Testing the hypothesis in research using a partial test (t). The results of the study show that product has a positive and significant effect on residential property purchase decisions during the COVID-19 pandemic. Price has a positive and significant effect on residential property purchase decisions during the COVID-19 pandemic. Promotion has a positive and insignificant effect on residential property purchase decisions during the COVID-19 pandemic. Location has a positive and insignificant effect on residential property purchase decisions during the COVID-19 pandemic. People has a positive and insignificant effect on residential property purchase decisions during the COVID-19 pandemic. Physical evidence has a positive and significant effect on residential property purchase decisions during the COVID-19 pandemic.

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Journal Info

Abbrev

JIRK

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Health Professions Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Journal of Innovation Research and Knowledge, published by Bajang Institute. Published in two formats, print and online, print version of ISSN: 2798-3471 and the online version of ISSN: 798-3641, both of which are published every month. The scope of the journal studies broadly includes: Culture (a ...