The determinant factors that affect the price of housing in Malaysia / Mohamad Azman Mohd Arif
The main purpose of this study is to measure the relationship between macroeconomic variables and the housing price. This paper examines empirically whether the increasing trend in the Malaysian housing price is related to changes in the interest rate, consumer price index and stock price KLCI. The...
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Format: | Student Project |
Language: | English |
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Faculty of Business Management
2014
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Online Access: | https://ir.uitm.edu.my/id/eprint/20501/7/PPb_MOHAMAD%20AZMAN%20MOHD%20ARIFF%20J%20BM14_5.pdf |
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author | Mohd Ariff, Mohamad Azman |
author_facet | Mohd Ariff, Mohamad Azman |
author_sort | Mohd Ariff, Mohamad Azman |
collection | UITM |
description | The main purpose of this study is to measure the relationship between macroeconomic variables and the housing price. This paper examines empirically whether the increasing trend in the Malaysian housing price is related to changes in the interest rate, consumer price index and stock price KLCI. The empirical data were collected from data stream using monthly basis from 2003 to 2013. The paper provides empirical results that the interest rate, consumer price index and stock price KLCI are the key determinants of housing prices. The general finding of this paper strongly suggests that housing bubbles in the Malaysian residential property market are becoming bigger and stronger. The paper is useful for researcher, investors (buyer), and organization to know which factors to account for in housing investment decision. This paper can serve as a guide for the government in stabilizing the residential housing price in Malaysia. |
first_indexed | 2024-03-06T01:46:39Z |
format | Student Project |
id | uitm.eprints-0501 |
institution | Universiti Teknologi MARA |
language | English |
last_indexed | 2024-03-06T01:46:39Z |
publishDate | 2014 |
publisher | Faculty of Business Management |
record_format | dspace |
spelling | uitm.eprints-05012018-11-12T08:27:05Z https://ir.uitm.edu.my/id/eprint/20501/ The determinant factors that affect the price of housing in Malaysia / Mohamad Azman Mohd Arif Mohd Ariff, Mohamad Azman Price Consumption. Demand (Economic theory) Real estate business. Real property The main purpose of this study is to measure the relationship between macroeconomic variables and the housing price. This paper examines empirically whether the increasing trend in the Malaysian housing price is related to changes in the interest rate, consumer price index and stock price KLCI. The empirical data were collected from data stream using monthly basis from 2003 to 2013. The paper provides empirical results that the interest rate, consumer price index and stock price KLCI are the key determinants of housing prices. The general finding of this paper strongly suggests that housing bubbles in the Malaysian residential property market are becoming bigger and stronger. The paper is useful for researcher, investors (buyer), and organization to know which factors to account for in housing investment decision. This paper can serve as a guide for the government in stabilizing the residential housing price in Malaysia. Faculty of Business Management 2014-12 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/20501/7/PPb_MOHAMAD%20AZMAN%20MOHD%20ARIFF%20J%20BM14_5.pdf The determinant factors that affect the price of housing in Malaysia / Mohamad Azman Mohd Arif. (2014) [Student Project] (Submitted) |
spellingShingle | Price Consumption. Demand (Economic theory) Real estate business. Real property Mohd Ariff, Mohamad Azman The determinant factors that affect the price of housing in Malaysia / Mohamad Azman Mohd Arif |
title | The determinant factors that affect the price of housing in Malaysia / Mohamad Azman Mohd Arif |
title_full | The determinant factors that affect the price of housing in Malaysia / Mohamad Azman Mohd Arif |
title_fullStr | The determinant factors that affect the price of housing in Malaysia / Mohamad Azman Mohd Arif |
title_full_unstemmed | The determinant factors that affect the price of housing in Malaysia / Mohamad Azman Mohd Arif |
title_short | The determinant factors that affect the price of housing in Malaysia / Mohamad Azman Mohd Arif |
title_sort | determinant factors that affect the price of housing in malaysia mohamad azman mohd arif |
topic | Price Consumption. Demand (Economic theory) Real estate business. Real property |
url | https://ir.uitm.edu.my/id/eprint/20501/7/PPb_MOHAMAD%20AZMAN%20MOHD%20ARIFF%20J%20BM14_5.pdf |
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