Journal of Ekonomics, Finance, and Management Studies
Vol. 7 No. 1 (2026): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam

Pengaruh Tampilan Fisik dan Lingkungan Sosial Terhadap Minat Beli dengan Gaya Hidup Konsumen Sebagai Moderator: Studi Kasus pada Perumahan Cluster di Kabupaten Indramayu

Hafizharauf Anwari Muhamad (Program Studi Manajemen, Universitas Swadaya Gunung Jati)
Aang Curatman (Program Studi Manajemen, Universitas Swadaya Gunung Jati)
Yusuf (Program Studi Manajemen, Universitas Swadaya Gunung Jati)



Article Info

Publish Date
02 Jan 2026

Abstract

The growing demand for modern housing and the shifting preferences of younger generations in Indramayu Regency have made it increasingly important to understand the factors that shape consumers’ purchase intentions. This study examines the effects of property physical appearance, social environment, and lifestyle on purchase intention. A quantitative method was employed by distributing questionnaires to prospective buyers and residents in three housing clusters: Pesona Estate, Pesona Citra Residence 2, and Graha Sudirman Cluster Alamanda. Data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS) to assess validity, reliability, direct effects, and moderating effects. The findings indicate that the physical appearance of the property has a positive and significant effect on purchase intention, highlighting building aesthetics, construction quality, and modern design as crucial factors in shaping consumer perceptions. The social environment also shows a positive and significant influence through perceptions of safety, comfort, accessibility, and social cohesion. However, lifestyle is found to exert a negative moderating effect on the relationship between both physical appearance and social environment with purchase intention, suggesting differences in visual and social preferences among Millennial and Gen Z consumers. An R2 value of 0,962 demonstrates that the three variables collectively explain 96,2% of the variance in purchase intention. These findings emphasize the importance of housing development strategies that integrate high quality physical design, stronger social interaction, and targeted lifestyle segmentation to enhance consumer appeal and purchasing decisions.

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Journal Info

Abbrev

elmal

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam mempublikasi hasil riset dan kajian terkini bidang ekonomi, keuangan, manajemen dan bisnis Islam. Mulai 2011, jurnal ini terbit tiga kali setahun setiap Maret, Juli dan November. Jurnal ini dikelola oleh Pusat Riset dan Kajian Strategis (PRKS) Masyarakat ...