Periodicity.: July - August 2020
e-ISSN......: 2236-269X
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Determinants of customer's apartment purchase intention: is the location dominant?

Phuong Viet Le-Hoang, Yen Truong Thi Ho, Danh Xuan Luu, Truc Thanh Thi Le

Abstract


The purpose of this research is to identify and measure the factors affecting the intention to buy apartments of customers in Ho Chi Minh City, Vietnam. The survey carried out with the participation of 200 customers. The authors explore five factors which affect customer's apartment purchase intention include location, features, brand, finance, and subjective norm. The result from Exploratory Factor Analysis (EFA) shows that location, features, finance, and subjective norm have a significant effect on the intention to buy customers' apartments. In which, location in Ho Chi Minh City context is the most influential factor, so, it strongly confirm the research of Adair et al. (1996), Clark et al. (2006), Daly et al. (2003), Kaynak and Stevenson (2007), Opoku and AbdulMuhmin (2010), Sengul et al. (2010), Tu and Goldfinch (1996), Xiao and Tan (2007) and Wang and Li (2006). The study also proposes some recommendations to increase the attractiveness of the apartment. What is more, developers, marketers, real estate policymakers can use the results of this research to understand the needs of customers better and satisfy customers.

Keywords


Location; features; brand; finance; subjective norm; purchase intention

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References


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DOI: http://dx.doi.org/10.14807/ijmp.v11i4.1100

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