Real estate analytics and price prediction using automated machine learning

Mohamad Jaffar, Muhammad Syazani and Adam, Noor Latiffah and Nordin, Sharifalillah (2026) Real estate analytics and price prediction using automated machine learning. Mathematical Sciences and Informatics Journal (MIJ), 7 (1). pp. 22-37. ISSN 2735-0703

Official URL: https://mijuitm.com.my

Identification Number (DOI): 10.24191/mij.v7i1.11568

Abstract

Navigating the Malaysian real estate market is increasingly complex due to the dynamic interplay of localised socioeconomic factors and high-dimensional variables. Addressing the demand for objective decision-support tools, this research develops a comprehensive analytics and price prediction framework tailored for four primary economic hubs: Selangor, Kuala Lumpur, Penang, and Johor. Diverging from conventional manual modelling, the methodology employs an Automated Machine Learning (Auto ML) approach via the PyCaret library to systematically explore feature spaces while minimising human bias during algorithm selection. Evaluation of various regression architectures utilised standard benchmarks, specifically Mean Absolute Error (MAE), Root Mean Squared Error (RMSE), and the Coefficient of Determination R2. Empirical results indicate that ensemble-based models consistently exceed the performance of alternative approaches; Random Forest achieved the highest accuracy for Selangor, Penang, and Johor, while the Extra Trees Regressor emerged as the superior model for Kuala Lumpur. Furthermore, a unified multi-regional model demonstrated exceptional generalisation capabilities, recording an R2 of 0.893, an RMSE of RM68,497.17, and an MAE of RM46,104.28 on a combined dataset. The primary contribution of this work lies in the seamless architectural integration of these high-performance models into a real-time, web-based dashboard, transitioning the research from static academic analysis to a dynamic, user-facing system. Ultimately, these findings confirm that an Auto ML-driven framework simplifies complex analytical workflows and delivers the precision required to support data-driven decision-making and transparent property valuation in a developing economy.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Mohamad Jaffar, Muhammad Syazani
UNSPECIFIED
Adam, Noor Latiffah
latiffah@tmsk.uitm.edu.my
Nordin, Sharifalillah
UNSPECIFIED
Subjects: H Social Sciences > HD Industries. Land use. Labor > Land use > Real estate business. Real property > Valuation. Including the appraisal of land and buildings
Q Science > Q Science (General) > Cybernetics
Divisions: Universiti Teknologi MARA, Perak > Tapah Campus > Faculty of Computer and Mathematical Sciences
Journal or Publication Title: Mathematical Sciences and Informatics Journal (MIJ)
UiTM Journal Collections: UiTM Journals > Mathematical Science and Information Journal (MIJ)
ISSN: 2735-0703
Volume: 7
Number: 1
Page Range: pp. 22-37
Keywords: Automated machine learning, AutoML, PyCaret, Real estate analytics, Real estate price prediction
Date: April 2026
URI: https://ir.uitm.edu.my/id/eprint/141723
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