Determinants of housing price in Malaysia / Nurul Syakira Kamarudin

This study attempts to determine the housing price in Malaysia. The research use time series yearly from 1988-2017. The factors want to study are consumer price index, interest rate, gross domestic product and population growth. For this study, data was collected from data stream and world bank data from 1988 to 2017 with yearly basis. The objective of the study is to analyze, examine and determine the significant relationship between the housing price and gross domestic product, consumer price index, interest rate, population growth. This paper applies ordinary least square estimated method. Result of finding, there are positive relationship between interest rate and population growth towards housing price index which mean increase in interest rate and population growth will increase the housing price index. However, there are variable that are negative relationship towards housing price index, gross domestic product and consumer price index show negatively relationship towards housing price index where increase in consumer price index will decrease the housing price index.