The Moderating of Government Public Policy on Housing Purchase Decisions in Tasikmalaya
Abstract
The housing industry is experiencing an increase in demand, especially subsidized housing. Various factors are the main considerations for consumers in determining purchasing decisions such as environment, green open space, price, and location. The object of this research is 4 subsidized housing in Tasikmalaya Regency. This model measures government public policy as a moderating in deciding to buy a subsidized house. This study uses primary data in the form of a Likert scale questionnaire to measure each variable. The sample determination technique uses Proportionate Stratified Random Sampling. This research method uses SEM - PLS (Structural Equation Modeling - Partial Least Square). The results showed that government policy has a moderating role for the environment on housing purchase decisions. Environmental, green open space and price have a direct impact on purchasing decisions. The implication of this finding will be the establishment of supporting facilities related to the location of subsidized housing. In this case the government needs to ensure that public facilities are available before the subsidized housing project is implemented.
Full Text:
PDFReferences
Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes, 50(2), 179-211. doi:https://doi.org/10.1016/0749-5978(91)90020-T
Armstrong, G., et al. (2014). Principles of marketing: Pearson Australia.
Arnberger, A., & Eder, R. (2012). The influence of green space on community attachment of urban and suburban residents. Urban Forestry & Urban Greening, 11, 41–49. doi:10.1016/j.ufug.2011.11.003
Bolitzer, B., & Netusil, N. R. (2000). The impact of open spaces on property values in Portland, Oregon. Journal of environmental management, 59(3), 185-193.
Czembrowski, P., & Kronenberg, J. (2016). Hedonic pricing and different urban green space types and sizes: Insights into the discussion on valuing ecosystem services. Landscape and Urban Planning, 146, 11-19. doi:10.1016/j.landurbplan.2015.10.005
Dananjoyo, R., et al. (2020). The prominence of financial considerations on housing investors' purchase decisions. The Journal of Asian Finance, Economics Business
(12), 869-875.
Davis, M. A., et al. (2020). The Impact of Federal Housing Policy on Housing Demand and Homeownership: Evidence from a Quasi-Experiment. Journal of Housing Economics, 48, 101670. doi:https://doi.org/10.1016/j.jhe.2020.101670
Hair, J. F., et al. (2011). PLS-SEM: Indeed a Silver Bullet. Journal of Marketing Theory and Practice, 19(2), 139-152. doi:10.2753/MTP1069-6679190202
Hair, J. F., et al. (2014). Partial least squares structural equation modeling (PLS-SEM). European Business Review, 26(2), 106-121. doi:10.1108/EBR-10-2013-0128
Hu, L.-t., & Bentler, P. M. (1999). Cutoff criteria for fit indexes in covariance structure analysis: Conventional criteria versus new alternatives. Structural Equation Modeling, 6(1), 1-55. doi:10.1080/10705519909540118
Irwin, E. G. (2002). The effects of open space on residential property values. Journal Land economics, 78(4), 465-480.
Joshi, Y., & Rahman, Z. (2015). Factors Affecting Green Purchase Behaviour and Future Research Directions. International Strategic Management Review, 3(1), 128-143. doi:https://doi.org/10.1016/j.ism.2015.04.001
Kenn, J. K., et al. (2021). Purchasing decision of property buyers: the housing quality, financial capabilities, and government policies studies. Journal Planning Malaysia, 19.
Kotler, P., & Armstrong, G. (2018). Principles of Marketing (17th ed.). Minnesota: The University of Minnesota Libraries Publishing.
Kotler, P., et al. (2015). Marketing Management 15th (Vol. 83).
Lin, D., & Wachter, S. M. (2020). Land use regulation, regulatory spillover and housing prices. Journal Regulatory Spillover Housing Prices.
Liu, J., & Ong, H. Y. (2021). Can Malaysia’s national affordable housing policy guarantee housing affordability of low-income households? Journal Sustainability, 13(16), 8841.
Lutzenhiser, M., & Netusil, N. R. (2001). The effect of open spaces on a home's sale price. Journal Contemporary Economic Policy, 19(3), 291-298.
Makinde, O. (2014). Housing delivery system, need and demand. Environment, Development and Sustainability, 16. doi:10.1007/s10668-013-9474-9
Mang, J. S., et al. (2018). Influence of location on home buyers’ purchase decision. Paper presented at the AIP Conference Proceedings.
Mittal, S., & Sharma, P. (2019, 2019//). Contouring the Behavioral Patterns of the Users of Social Network(ing) Sites and the Need for Data Privacy Law in India: An Application of SEM-PLS Technique. Paper presented at the Innovations in Bio-Inspired Computing and Applications, Cham.
Montero, J. M., et al. (2018). Estimating environment impacts on housing prices. Journal Environmetrics, 29(5-6), e2453.
Ningtyas, C. P., et al. (2023). Kajian Persepsi Konsumen Terhadap Keputusan Pembelian Perumahan Di Kota Kendari. Journal Publicuho, 6(4), 1381-1392.
Nugraha, A., et al. (2020). Decision Support System for Community Housing Subsidy Recipients. Jurnal Teknik Industri, 21, 104-114. doi:10.22219/JTIUMM.Vol21.No1.104-114
Nursoleh, N. (2022). Location Analysis of Interest in Buying Housing in South Tangerang City. Jurnal AKADEMIK: Jurnal Mahasiswa Ekonomi, 2(1), 35-42.
Prihandoyo, C., et al. (2015). Analisis pengaruh harga, lokasi, bangunan dan lingkungan terhadap keputusan konsumen membeli rumah. Paper presented at the Proceeding of International Conference Sustainable Competitive Advantage.
Rahmi, S., et al. (2023). Factors Influencing the Decision to Purchase Subsidized Housing during the COVID-19 Pandemic in South Sulawesi: Sequential Exploratory Design. International Journal of Social Science and Business, 7(3).
Saragih, B. (2020). Pengaruh Lokasi Terhadap Kepuasan Pelanggan Melalui Keputusan Pembelian Perumahan The Anggana Pt Adhi Persada Property Jakarta. Jurnal Manajemen Bisnis Krisnadwipayana, 8(2).
Sarstedt, M., et al. (2017). Partial Least Squares Structural Equation Modeling. In.
Senggetang, V., et al. (2019). Pengaruh Lokasi, Promosi Dan Persepsi Harga Terhadap Keputusan Pembelian Konsumen Pada Perumahan Kawanua Emerald City Manado. urnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 7(1).
Suhandi, N., & Terttiaavini, R. G. (2020). Decision support system for subsidized housing selection based on best-worst method and simple additive weighting. International Journal of Advanced Trends in Computer Science and Engineering, 9(3).
Sukmana, M., et al. (2019). Hubungan Harga dan Promosi dengan Keputusan Pembelian Kredit Pemilikan Rumah (KPR) di PT Bank Mandiri Jakarta Kota. Journal Economicus, 13(1), 69-79.
Suprianto, D., et al. (2014). The effect of product design, price and location toward purchase decision study of Bukit Mutiara Jaya Semarang. Jurnal Ilmu Administrasi Bisnis, 3(4), 400-408.
Supriyono, K., et al. (2015). Pengaruh Produk, Harga dan Promosi Terhadap Keputusan Konsumen dalam Membeli Rumah Pada Perumahan Bukit Semarang Baru (Bsb) City Di Semarang. {Journal of Management, 1.
Syiroj, R. M. N., et al. (2023). The Influence Of Location, Promotion And Lifestyle On Purchasing Decisions Inkampoeng Hijrah Residence Tasikmalaya Housing. Journal of Indonesian Management, 3(3), 671–680-671–680.
Turner, T. M., & Seo, Y. (2021). House prices, open space, and household characteristics. Journal of Real Estate Research, 43(2), 204-225.
Vu, T., & Preston, J. (2020). Assessing the social costs of urban transport infrastructure options in low and middle income countries. Transportation Planning and Technology, 43, 1-20. doi:10.1080/03081060.2020.1747202
Wolch, J., et al. (2014). Urban green space, public health, and environmental justice: The challenge of making cities `just green enough'. Landscape Urban Plann, 125. doi:10.1016/j.landurbplan.2014.01.017
Wu, Y., & Li, Y. (2018). Impact of government intervention in the housing market: evidence from the housing purchase restriction policy in China. Applied Economics, 50(6), 691-705. doi:10.1080/00036846.2017.1340569
Zeng, R. (2013). Attributes influencing home buyers' purchase decisions: a quantitative study of the Wuhan residential housing market. Southern Cross University.,
Zrobek, S., et al. (2015). The influence of environmental factors on property buyers' choice of residential location in Poland. Journal of International Studies, 7, 163-173. doi:10.14254/2071-8330.2015/8-3/13
DOI: https://doi.org/10.32535/jicp.v7i4.3552
Refbacks
- There are currently no refbacks.
Copyright (c) 2025 Ade Komaludin, Dodi Tirtana, Dedi Rudiana

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Published by:
AIBPM Publisher
Editorial Office:
JL. Kahuripan No. 9 Hotel Sahid Montana, Malang, Indonesia
Phone:+62 341 366222
Email: journal.jicp@gmail.com
Website:http://ejournal.aibpmjournals.com/index.php/JICP
Supported by: Association of International Business & Professional Management
If you are interested to get the journal subscription you can contact us at admin@aibpm.org.
ISSN 2622-0989 (Print)
ISSN 2621-993X (Online)
DOI:Prefix 10.32535 by CrossREF
Journal of International Conference Proceedings (JICP) INDEXED:
In Process
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.