Modelling of Malaysia House Price Index / Nur Amaelya Mastani, Nur Ashakirin Jehani and Sharmila Saudin

Mastani, Nur Amaelya and Jehani, Nur Ashakirin and Saudin, Sharmila (2020) Modelling of Malaysia House Price Index / Nur Amaelya Mastani, Nur Ashakirin Jehani and Sharmila Saudin. [Student Project] (Unpublished)

Abstract

In Malaysia, House Price is considered high at a certain part of the country causing the lower and middle groups unable to purchase a house. This research examines the long run relationship and causality effect between House Price Index and determinants of House Price Index. Besides, the aim of this study is to identify the suitable model of Malaysia House Price Index. The data was obtained from Valuation and Property Services Department (JPPH), Department of Statistics Malaysia and Bank Negara. The data was collected over 10 years from 2010 to the first quarter of 2019. Johansen Cointegration Test and Granger Causality Test are applied in determining the long-run relationship and causality effect respectively while the method that is applied in this research for identifying ARIMA model is Box-Jenkins Methodology. The general finding of this study is that the House Price Index shows an upward trend for the past nine years but slightly drop in the first quarter of 2019. This study has found that there is a long-run relationship between the House Price Index and the independent variables which are Gross Domestic Product, Interest Rate, Inflation Rate, Population, and Unemployment Rate. Next, all independent variables does not granger cause House Price Index. At the same time, there is only one-way relationship found between House Price Index and Gross Domestic Product, and between House Price Index and Population where House Price Index is identified to granger cause both variables. Besides, this study also has found out that ARIMA( 1,2, I) is the best model for the House Price Index.

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Mastani, Nur Amaelya
UNSPECIFIED
Jehani, Nur Ashakirin
UNSPECIFIED
Saudin, Sharmila
UNSPECIFIED
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Ab Malek, Isnewati
UNSPECIFIED
Subjects: Q Science > QA Mathematics > Mathematical statistics. Probabilities
Q Science > QA Mathematics > Mathematical statistics. Probabilities > Data processing
Q Science > QA Mathematics > Analysis
Q Science > QA Mathematics > Analysis > Analytical methods used in the solution of physical problems
Divisions: Universiti Teknologi MARA, Negeri Sembilan > Seremban Campus > Faculty of Computer and Mathematical Sciences
Programme: Bachelor of Science (Hons.) Statistics
Keywords: Modelling, Malaysia, House Price Index
Date: 2020
URI: https://ir.uitm.edu.my/id/eprint/50286
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