Determinants of housing prices: study case in Malaysia

Housing prices had became main highlighted issue in Malaysia recently. It was as regards to the rising of housing prices which causes worrisome to the Malaysian. This study is an effort to investigate the determinants of housing prices that focusing on Malaysia case from the year 1984 until 2015. There are four determinants that had been listed which are Gross Domestic Product (GDP), Income Per Capita (IPC), Consumer Price Index (CPI) and also Population (P) as independent variables meanwhile House Price Index (HPI) as dependent variable. This study using 31 secondary data of each variables from the year 1984 to 2015 on yearly basis. This study used statistical tool which is EViews9 software for data analysis purposes. The results had portrays all the determinants which are GDP, IPC, CPI and P are significant towards HPI. Thus, this study are benefit to the reseracher, public as well as investors in order to be informed about trend of housing prices in Malaysia.