Malaysia housing price and its economic factors / Fatin Syahira Mastor

Malaysia is one of ASEAN countries that is rapidly developing. However, housing price is a hot issue being debated in Malaysia. The main purpose of this research is to determine the economical factors which are affecting the housing price in Malaysia. Secondary data are
applied to complete this research and the data are collected from World Development Indicator and National Property Information Centre (NAPIC). This research used time-series data from January 1999 to December 2018 which is 20 interval time to examine the causality. The research economic factors are Gross Domestic Product (GDP), Population (POP) and Inflation Rate (CPI). The result shows that only population has a positive relationship with the housing price index. Nevertheless, gross domestic product and inflation have negative
insignificance relationships with the housing price index. These researches are significant to the researcher, developer, and government. They can take this research as their reference and take some idea to control and monitor all factors that will affect the Malaysian financial and
economy.