The impact of housing price in Malaysia towards macroeconomic variables / Intan Naqiah Mohd Isa

Housing price in Malaysia nowadays is become crazily increase from year to year. This study was attempted to identify the factors that influence housing price in Malaysia. Therefore, this research is conducted in order to find out the most influential factors of housing price in Malaysia. The depend...

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Bibliographic Details
Main Author: Mohd Isa, Intan Naqiah
Format: Thesis
Language:English
Published: 2014
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/92179/1/92179.pdf
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Summary:Housing price in Malaysia nowadays is become crazily increase from year to year. This study was attempted to identify the factors that influence housing price in Malaysia. Therefore, this research is conducted in order to find out the most influential factors of housing price in Malaysia. The dependent variable in this study is housing price while the independent variables are interest rates, inflation rates and gross domestic product. Data is collected from Bursa Malaysia, Bank Negara Malaysia and also Data Stream. The research methodology uses quarterly time series data which consist of three independent variables and one dependent variable for 14 years since (2000:2013). All data were being process using STATA 10.1 Software. The findings shows that all independent variables is significant with dependent variables but moves in different direction which is two independent variables shows negative relationship while one variables shows positive relationship. It means that all the independent variables has significance relationship with the dependent variable. At the same time, inflation rate is the most influence factor in determining the house price fluctuation. For further studies, a wider scope is recommended where more determinant factors can be taken into research in order to obtained good result.