ASSIGNMENT 1 – BUILDING ECONOMICS

DIPLOMA IN BUILDING (AP116)

DEPARTMENT OF BUILT ENVIRONMENT AND TECHNOLOGY
COLLEGE OF BUILT ENVIRONMENT
UiTM PERAK

SESSION: MARCH – AUGUST 2024

PROGRAMME : DIPLOMA IN BUILDING

COURSE : BUILDING ECONOMICS
COURSE CODE : BGN372
SUBMISSION : WEEK 7
COURSE LECTURER : DR. EZZAT FAHMI AHMAD

1.0 OBJECTIVE

This assignment is given based on the following objectives:

1. To encourage the students to explore literature from various sources (primary or

secondary data) on the given topic.
2. To evaluate the understanding of the students through the task submitted.

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2.0 TASK

In a group of 4, students are required to prepare a report as below:

“The number of unsold completed residential properties has decreased to 26,286

units worth RM18.3 billion for the second quarter (Q2) of this year, the Dewan Rakyat
heard today. Deputy Local Government Development Minister Akmal Nasrullah Mohd
Nasir said the decline indicated a decrease of 5.3 per cent in terms of unit numbers
and a decrease of 0.6 per cent in terms of value compared to the same period, last
year. Based on the National Property Information Centre for Q2 this year, the number
of unsold housing units amounted to 26,286 units with a value of RM18.3 billion
compared to the launched housing units of 135,614.”

Source: Qistina Sallehuddin & Nor Ain Mohamed Radhi (November 15, 2023). Number of unsold houses decreases in second
quarter of 2023. Retrieved from News Strait Times: https://www.nst.com.my/news/nation/2023/11/978502/number-unsold-
houses-decreases-second-quarter-2023

“Bank Negara Malaysia (BNM) uses the Overnight Policy Rate, or OPR, as a policy
tool to control inflation or boost economic growth.”

“The higher interest rates may deter investors from buying property, as the higher
borrowing costs may make it a less attractive proposition, especially if rental rates
and capital appreciation rates remain stagnant. This could then lead to a drop in the
volume and value of property transactions.”

Source: HENRY BUTCHER MALAYSIA. (January 5, 2024) OPR's impact on Malaysia's property market: A post-pandemic
perspective. Retrieved from New Strait Times: https://www.nst.com.my/property/2024/01/997523/oprs-impact-malaysias-
property-market-post-pandemic-perspective

Based on the statement above

1. DESCRIBE THE DETERMINANTS FACTORS OF SUPPLY AND DEMAND FOR

RESIDENTIAL BUILDINGS IN MALAYSIA.
2. DESCRIBE THE IMPACTS OF GOVERNMENT POLICIES TOWARDS THE SUPPLY
AND DEMAND OF RESIDENTIAL BUILDINGS IN MALAYSIA.

3.0 REQUIREMENTS

a. The total pages shall not be more than 30 pages and not more than 15,000 words.
The content is recommended to use Times New Roman or Arial size 12 or below.
b. Students report submission shall be on WEEK 7 (refer to UiTM Academic Calendar
March – August 2024).
c. Student submissions shall be in softcopy .pdf format via uFUTURE
d. Late submission is not accepted. Marks will be deducted accordingly.
e. PLAGIARISM are strictly not accepted.
f. The scheme of marking checklist as in Appendix A

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4.0 REPORT GUIDELINES

Paper size : A4
Font : Arial/ Times New Roman
Size : 12 or below
Spacing : 1.5 & Justified
References : APA format

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 Appendix A
Criteria Poor Moderate Satisfactory Good Excellent Weightage
1 2 3 4 5 %
Poor introduction to Some introductions Fair introduction to A good introduction An excellent
the topic of the to the topic of the the topic of the to the topic of the introduction to the
report and poor report and a poor report and fair report and a clear topic of the report
Introduction 5
overview of the overview of the overview of the overview of the and clear overview
presentation presentation presentation presentation of the presentation
outlined outlined outlined outlined outlined
Demonstrates full Well demonstrated
Poor understanding A little elaboration knowledge and with full knowledge
Able to elaborate the
Objectives of the topic and fail on the topic and successfully and successfully 5
topic and identify the
to highlight the unable to highlight elaborate the explain and
objectives and
objectives and the objectives and objectives and elaborate the
scopes of the report
scopes of the report scopes of the report scopes of the report objectives and
scopes of the report
Poor explanation on Fair explanation on Able to explain Good explanation on Excellent
Methodology methods of study methods of study methods of study methods of study explanation on 10
methods of study
Accurate, precise,
and relevant
An accurate
Accurate and explanation; details
Unable to give Inaccurate explanation and
relevant explanation; and examples are
Theoretical accurate theoretical explanation of the covers the major 15
details and carefully chosen to
on topic theoretical on topic issues surrounding
examples are used make the
the topic
explanation more
meaningful
Unable to explain Little explanation on Able to explain the Good explanation of Excellent
Content the content of the the content of the content of the report the content of the explanation of the 40
report as related to report as related to as related to the report as related to content of the report
the scope of works. the scope of works. scope of works. the scope of works. as related to the
scope of works.
No action was Little action Superficial action Some action Well documented,
suggested, and an suggested, and suggested, and suggested, and reasoned, and 5
Conclusion and
inappropriate inappropriate inappropriate inappropriate appropriate
recommendation
conclusion and conclusion and conclusion and conclusion and conclusion and
recommendation recommendation recommendation recommendation recommendation
Does not Little elaboration Demonstrates full Well demonstrated
understand the topic about the topic and Able to elaborate the knowledge and with full knowledge 5
Organization and topic and identify the
and fail to identify unable to identify the successfully explain and successfully
quality point and objectives
the point and point and objectives and elaborate the explain and
objectives point and objectives

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 elaborate the point
and objectives
A poor effort to Little effort to explain Able effort to explain Good effort to Excellent effort to
explain the the economic aspect the economic aspect explain the explain the
economic aspect related to the related to the economic aspect economic aspect
Effort 5
related to the construction construction related to the related to the
construction industry. industry. construction construction
industry. industry. industry.
Able to provide a Able to provide Complete with Well cited in the
very little list of some list of sufficient list of study background,
References No references references but with references with the reference right enough (at least 5) 5
the wrong format right format format and in the right
format.
Date of submission > 4 days late Three days late Two days late One day late Submit on time 5
Others: (if any)
Total