Empirical Analysis of Factors Influencing Residential Property Prices in Malaysia
UNIMAS Review of Accounting and Finance
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Title |
Empirical Analysis of Factors Influencing Residential Property Prices in Malaysia
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Creator |
Md Aris, Nazaria
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Description |
This study concerns the factors influencing the prices for residential properties in Malaysia as well as their relationship towards residential property prices. The data collected and analysed in this research is from quarter one year 2000 to quarter four year 2015. Various determinants have been identified namely country population, Gross Domestic Product, household income, inflation and lending rates in this research. The time-series analysis methodologies adopted in this research are the Augmented Dickey-Fuller (ADF) and Philip-Perron (PP) test for unit root, Johansen and Juselius Cointegration Test, Granger Causality Test for Vector Error Correction Model (VECM) and also Variance Decomposition (VDC). In this study, these two variables, population growth (POPGROWTH) and inflation measured by the consumer price index (CPI) were found has a significant and positive effect towards the price of residential properties in Malaysia.
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Publisher |
Universiti Malaysia Sarawak
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Date |
2018-12-31
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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Format |
application/pdf
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Identifier |
http://publisher.unimas.my/ojs/index.php/URAF/article/view/1215
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Source |
UNIMAS Review of Accounting and Finance; Vol 1 No 1 (2018): Issue 1
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Language |
eng
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Relation |
http://publisher.unimas.my/ojs/index.php/URAF/article/view/1215/733
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Rights |
Copyright (c) 2018 UNIMAS Review of Accounting and Finance
http://creativecommons.org/licenses/by-nc-sa/4.0 |
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