In chapter 1 and 2 it has already been discussed by manner of debut and Lending Value Rate ( LTV ) , Real Property Gain Tax, Stamp Duty Fees and Base Lending Rate ( BLR ) are the ways to supervise or command lodging bad by authorities of Malaysia. This subdivision is to analyze research methodological analysis and theoretical model in order to understand the nature of the research jobs. This model is to prove the relationship between independent variables and dependent variables. Questionnaire design and method of informations aggregation will be discussed. At the same clip, population and sample size will be covered in this chapter. Therefore, this survey is to look into and to understand the manner of control or proctor by authorities of Malaysia in lodging bad whether effectual. This choice of research methodological analysis is really of import in guaranting all information and information received will help in run intoing the study objectives. This chapter focuses or the ground for and picks made in research design. The assorted phases of the research are as below.
1.Determining the Research Design
2.Type of Probe
3.Identifying the Time Horizon
4. Data Collection Method
Figure 3.1 Stairss in Research Methodology
With virtually all research at that place has to be some via media between the ideal and the existent, and this undertaking is of no exclusion. Despite puting out with really detail programs for the research design, assorted factors intervened and impacted on the methodological analysis.
3.2 Theoretical Model
Theoretical Framework is a aggregation of interconnected construct but non needfully developed to go a confirmed theory. Therefore, it is evidently critical in deductive, theory-testing kinds of surveies such as ( 1 ) Applied versus Basis research ( 2 ) Exploratory versus Confirmatory research ( 3 ) Quantitative versus Qualitative research.
In these surveies, the theoretical model should be really specific and good organised. The aim of the theoretical model is to take at the control or proctor lodging speculative by authorities Malaysia whether effectual. Schematically diagram of theoretical model below represent the ways to supervise and command lodging guess by authorities of Malaysia.
Loan to Value Ratio
Base Lending Rate
Control or proctor
by authorities of
Capital Gain Tax for Property
Increase Stamp Duty Fees
Dependent Variable Independent Variable
Figure 3.2: Conventional Diagram of the Theoretical Framework
By and large, research can be categorized into two manners of variables which are dependent variable and independent variable. A variable is a construct that can change or hold more than one value. It surely affect the result if any measuring taken. Hence, it is of import to specify the variables for the research intent.
The illustration above showed that the independent variables which consist of loan to value ratio, base loaning rate, capital addition revenue enhancement on belongings and addition cast responsibility fees influences the way and the volume of alteration of the dependant variable, which is the control or proctor lodging speculative by authorities of Malaysia.
3.2.1 Independent Variables
Blundell and Stephen ( 1998 ) defined independent variables as the presumed cause of some alterations in the dependent variables. In the scientific experiment, one can non hold a dependent variable without any independent variables. The independent variables of this research are the ways of loan to value ratio, base loaning rate, capital additions revenue enhancement on belongings and addition cast responsibility fees.
3.2.2 Dependent Variables
Copper & A ; Schindler ( 2003 ) mentioned that a dependent variable is a standard or a variable that is to be predicted or explained. In this research, there is merely one dependant variable which is the control or proctor lodging speculative by authorities Malaysia.
There are four hypotheses are being proved:
There is non possible loan-to-value ratio to command or supervise lodging speculative by authorities Malaysia.
There is possible loan-to-value ratio to command or supervise lodging speculative by authorities Malaysia.
There is non the manner of Base Lending Rate to command or supervise lodging speculative by authorities Malaysia.
There is the manner of Base Lending Rate to command or supervise lodging speculative by authorities Malaysia.
There is non the manner of Capital Gains Tax for Property to command or supervise lodging speculative by authorities Malaysia.
There is the manner of Capital Gains Tax for Property to command or supervise lodging speculative by authorities Malaysia.
There is non the manner of utilizing Increase Stamp Duty Fees to command or supervise lodging speculative by authorities Malaysia.
There is the manner of utilizing Increase Stamp Duty Fees to command or supervise lodging speculative by authorities Malaysia.
Figure 3.3 Statements of Hypothesiss
Kinnear and Taylor, ( 1996 ) define that research design is the footing program that guide the informations aggregation and analysing stages of the research undertaking.
3.4.1 Nature of Research
This research undertaking was ab initio conceived as a piece of qualitative paper, based on researching several beginnings which includes scope from articles, diaries, web sites and texts to place the research subject.
As mentioned before, the research started in November which makes use the exploratory research to analyse the effectivity of the ways to supervise and command lodging guess by authorities of Malaysia. Pulling on the literature reappraisal, a series of explorative research carried out by the research worker in order to roll up qualitative information in assisting to construct a conceptual foundation. Therefore, the research worker was explored assorted beginnings to garner in order to place the research subject.
3.5 Research Approach
There were two beginnings of informations collected for this research. The first phase of field research involved self aa‚¬ ” administered questionnaire. The questionnaires were distributed to the respondents chosen at random at assorted locations. Following the 2nd phase involved secondary informations which involved articles, diaries, web sites and texts.
3.5.1 Primary Data Research
Harmonizing to Coourh and Housden ( 1996 ) , questionnaire research has four chief intent ( 1 ) to roll up relevant informations, ( 2 ) to do informations comparings, ( 3 ) to minimise prejudice and ( 4 ) to actuate the respondents. Following the literature reappraisal, questionnaires ( mention Figure 3.0 ) were developed to find the extent of the effectivity of the ways to supervise and command lodging guess by authorities of Malaysia. The unstructured questionnaire can be divided into two subdivisions.
Sections A included 4 inquiries sing the profile of respondents such as age, gender, matrimonial position, instruction degree, business and salary scope.
Section B require the respondents to analyse the effectivity of the ways to supervise and command lodging guess by authorities of Malaysia. This is consists of the statements on the four independent variables which are loan to value ratio, base loaning rate, capital additions revenue enhancement on belongings and addition cast responsibility fees and one dependant variable that are measured in the inquiries.
Sampling Design and Population
The current survey explores the effectivity of the ways to supervise and command lodging guess by authorities of Malaysia.
The respondents involved in this research survey were selected from the population with the specific mark at those banker, comptroller, hearer and revenue enhancement agent in Penang and Kuala Lumpur. They were drawn from different background. There were 60 indiscriminately selected respondents in this research survey.
3.5.2 Secondary Data
The 2nd phase of research consisted of reappraisal on the researches which had been carried old research workers which were classed as secondary informations. Harmonizing to Webb ( 2002 ) , secondary is informations utile to procure dependable and valid information. There are several compelling grounds to make so. First, to avoid prejudice of the questionnaire research, it makes good sense to wash up secondary day of the month for the intent of supplying counsel and fulfilling the overall aims of this research. This is because harmonizing to Green, Tull and Albaum ( 1998 ) , secondary informations may work out and kill the job that may be brush in primary research.
Majority 80 per centum of the secondary informations are found through the cyberspace, in professional diaries and newspapers, in mention books from E-book written by giving true grounds. The information from secondary informations can be accurate because it published and supported by research workers.
Another 20 per centum of the secondary informations obtained from other resources. Using secondary informations in this research are clip salvaging and convenience comparison with primary informations. Besides that, primary information is besides excessively dearly-won. Hence, the research can be successfully carried out by utilizing secondary informations to back up.