The relationship of income and interest rate towards housing price in Malaysia

Nordin, Nora Hasmida and Zahid, Putra Faizurrahman and Zulqernain, Nurul Syaqirah (2018) The relationship of income and interest rate towards housing price in Malaysia. eProceeding of International Conference on Islam and Global Issues 2018 (iCIGI2018), 1 (1): ch.5: 3. pp. 442-448. ISSN 978-967-15434-3-6

Abstract

This study attempts to investigate the relationship of income and interest rate towards housing price in Malaysia by testing several hypotheses on how income and interest rate could impact to the changes of housing price in Malaysia. Macroeconomic variables which are income and interest rate are tested throughout this study. This study found that only interest rate do has significant impact towards housing price in Malaysia. As for the other variablles which is income, this study found that there is no significant relationship between income and housing price in Malaysia. This study also proves that there are negative relationship between income and housing price in Malaysia as any increasing of the variables will lead to the decreasing of housing price.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Nordin, Nora Hasmida
UNSPECIFIED
Zahid, Putra Faizurrahman
putraf278@kelantan.uitm.edu.my
Zulqernain, Nurul Syaqirah
UNSPECIFIED
Subjects: H Social Sciences > HD Industries. Land use. Labor > Land use > Real estate business. Real property > Rental property. Rental housing. Real estate management > Malaysia
H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance
Divisions: Universiti Teknologi MARA, Kelantan > Machang Campus > Academy of Contemporary Islamic Studies (ACIS)
Journal or Publication Title: eProceeding of International Conference on Islam and Global Issues 2018 (iCIGI2018)
ISSN: 978-967-15434-3-6
Volume: 1
Number: 1
Page Range: pp. 442-448
Keywords: Housing, Interest rates, Real estate business
Date: 2018
URI: https://ir.uitm.edu.my/id/eprint/132984
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