Comparative study on macroeconomic determinants of housing price in Malaysia and Singapore / Nur Amalina Abu Bakar

This research tries to fill the gap in this area by examine the macroeconomic fundamental factors towards the housing prices for Malaysia and Singapore. The different stage of economy could be a gap to stimulate and indicates the possible factor of the housing price for each country. Thus, this research also want to know the main factor that determine housing price for advance economy country, Singapore and developing economy country, Malaysia. As both countries are neighborhood to each other, it could be the possibilities to have the effect on each other house prices. The main focus of this study is to observe the relationship between interest rate, income growth, population growth, gross domestic product and inflation rate on housing prices on both countries. Motivation to study on the factors affecting housing price in Malaysia and Singapore are due to housing prices are very high nowadays and still increasing. Hence, possible to determine the main factor that lead to the changes in housing price in Malaysia and Singapore.