The macroeconomic factors that influence the housing price in Malaysia / Farith Iskandar Fazli
The major objective of this study is to determine the relationship between independent factors and Malaysian house prices. The impact of the independent variable on housing prices is also examined in this article in order to determine which macroeconomic factors have the greatest impact on housing p...
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my.uitm.ir.1013892024-09-25T09:33:24Z https://ir.uitm.edu.my/id/eprint/101389/ The macroeconomic factors that influence the housing price in Malaysia / Farith Iskandar Fazli Fazli, Farith Iskandar The major objective of this study is to determine the relationship between independent factors and Malaysian house prices. The impact of the independent variable on housing prices is also examined in this article in order to determine which macroeconomic factors have the greatest impact on housing prices. Property prices in Malaysia have grown sharply in the year following the Asian financial crisis, resulting in an affordability dilemma and, eventually, regulatory solutions. The study will take undertake over a ten-year period, from 2011 to 2021. In addition, the rate of inflation, the rate of interest, and the rate of unemployment are all considered independent variables in this article. To assess the link between the variables and the housing price, Descriptive Analysis, Normality Assess, and Regression Analysis are utilised. Secondary data was obtained from reputable data sources such as the Statista website, Bloomberg terminal, and Refinitiv Eikon website. The findings of this study are likely to cause alarm among Malaysian officials concerning pricing swings. Because the probability value of the regression analysis of interest rates and unemployment rate is smaller than the significance level of 5% in the regression, we can conclude that the independent variables, interest rate and unemployment rate, are determinants for the dependent variable, housing price. The findings will also help economists make well informed decisions by allowing them to see how macroeconomic factors affect Malaysian property values. To keep housing prices in Malaysia constant, the government should be more active in policy execution. An increase in the cost of living would be inconvenient for the Malaysian people. Because the breadth of this issue in Malaysia is so narrow, future researchers may wish to extend the study period or look at other macroeconomic variables that influence property prices in Malaysia to broaden their coverage. 2022-02 Thesis NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/101389/1/101389.pdf The macroeconomic factors that influence the housing price in Malaysia / Farith Iskandar Fazli. (2022) Degree thesis, thesis, Universiti Teknologi MARA, Johor. |
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The major objective of this study is to determine the relationship between independent factors and Malaysian house prices. The impact of the independent variable on housing prices is also examined in this article in order to determine which macroeconomic factors have the greatest impact on housing prices. Property prices in Malaysia have grown sharply in the year following the Asian financial crisis, resulting in an affordability dilemma and, eventually, regulatory solutions. The study will take undertake over a ten-year period, from 2011 to 2021. In addition, the rate of inflation, the rate of interest, and the rate of unemployment are all considered independent variables in this article. To assess the link between the variables and the housing price, Descriptive Analysis, Normality Assess, and Regression Analysis are utilised. Secondary data was obtained from reputable data sources such as the Statista website, Bloomberg terminal, and Refinitiv Eikon website. The findings of this study are likely to cause alarm among Malaysian officials concerning pricing swings. Because the probability value of the regression analysis of interest rates and unemployment rate is smaller than the significance level of 5% in the regression, we can conclude that the independent variables, interest rate and unemployment rate, are determinants for the dependent variable, housing price. The findings will also help economists make well informed decisions by allowing them to see how macroeconomic factors affect Malaysian property values. To keep housing prices in Malaysia constant, the government should be more active in policy execution. An increase in the cost of living would be inconvenient for the Malaysian people. Because the breadth of this issue in Malaysia is so narrow, future researchers may wish to extend the study period or look at other macroeconomic variables that influence property prices in Malaysia to broaden their coverage. |
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Fazli, Farith Iskandar |
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Fazli, Farith Iskandar The macroeconomic factors that influence the housing price in Malaysia / Farith Iskandar Fazli |
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Fazli, Farith Iskandar |
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Fazli, Farith Iskandar |
title |
The macroeconomic factors that influence the housing price in Malaysia / Farith Iskandar Fazli |
title_short |
The macroeconomic factors that influence the housing price in Malaysia / Farith Iskandar Fazli |
title_full |
The macroeconomic factors that influence the housing price in Malaysia / Farith Iskandar Fazli |
title_fullStr |
The macroeconomic factors that influence the housing price in Malaysia / Farith Iskandar Fazli |
title_full_unstemmed |
The macroeconomic factors that influence the housing price in Malaysia / Farith Iskandar Fazli |
title_sort |
macroeconomic factors that influence the housing price in malaysia / farith iskandar fazli |
publishDate |
2022 |
url |
https://ir.uitm.edu.my/id/eprint/101389/1/101389.pdf https://ir.uitm.edu.my/id/eprint/101389/ |
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