Residential property price hike and speculation
This study analyzes the behaviour of property price in Malaysia by examining factors influencing the residential property prices. It aims to determine whether property prices hike in Malaysia can be explained by the fundamental factors or it is due to other unexplained factors, such as speculation....
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Malaysian Institute of Planners
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iium-720592019-11-24T13:21:00Z http://irep.iium.edu.my/72059/ Residential property price hike and speculation Haron, Razali Ibrahim, Khairunisah HG4501 Stocks, investment, speculation This study analyzes the behaviour of property price in Malaysia by examining factors influencing the residential property prices. It aims to determine whether property prices hike in Malaysia can be explained by the fundamental factors or it is due to other unexplained factors, such as speculation. Findings from the study reveal that most of the factors did have significant influence on property price. In addition, the cointegration analysis indicates that the property price and its factors are cointegrated for all property market segments across states. This implies the presence of a long run relationship between the property price and its determining factors, despite slow adjustment of property price towards equilibrium in the long run. This study concludes that the residential property price hike in Malaysia is impacted by fundamental factors and is not speculative in nature. Malaysian Institute of Planners 2019-05-10 Article PeerReviewed application/pdf en http://irep.iium.edu.my/72059/1/72059_Residential%20property%20price%20hike%20and%20speculation.pdf application/pdf en http://irep.iium.edu.my/72059/7/72059_Residential%20property%20price%20hike%20and%20speculation_scopus.pdf Haron, Razali and Ibrahim, Khairunisah (2019) Residential property price hike and speculation. Planning Malaysia, 17 (1). pp. 328-337. ISSN 1675-6215 E-ISSN 0128-0945 http://www.planningmalaysia.org/index.php/pmj/article/view/609/476 |
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Digital Repository |
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Local University |
institution |
International Islamic University Malaysia |
building |
IIUM Repository |
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Online Access |
language |
English English |
topic |
HG4501 Stocks, investment, speculation |
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HG4501 Stocks, investment, speculation Haron, Razali Ibrahim, Khairunisah Residential property price hike and speculation |
description |
This study analyzes the behaviour of property price in Malaysia by examining factors influencing the residential property prices. It aims to determine whether property prices hike in Malaysia can be explained by the fundamental factors or it is due to other unexplained factors, such as speculation. Findings from the study reveal that most of the factors did have significant influence on property price. In addition, the cointegration analysis indicates that the property price and its factors are cointegrated for all property market segments across states. This implies the presence of a long run relationship between the property price and its determining factors, despite slow adjustment of property price towards equilibrium in the long run. This study concludes that the residential property price hike in Malaysia is impacted by fundamental factors and is not speculative in nature. |
format |
Article |
author |
Haron, Razali Ibrahim, Khairunisah |
author_facet |
Haron, Razali Ibrahim, Khairunisah |
author_sort |
Haron, Razali |
title |
Residential property price hike and speculation |
title_short |
Residential property price hike and speculation |
title_full |
Residential property price hike and speculation |
title_fullStr |
Residential property price hike and speculation |
title_full_unstemmed |
Residential property price hike and speculation |
title_sort |
residential property price hike and speculation |
publisher |
Malaysian Institute of Planners |
publishDate |
2019 |
url |
http://irep.iium.edu.my/72059/ http://irep.iium.edu.my/72059/ http://irep.iium.edu.my/72059/1/72059_Residential%20property%20price%20hike%20and%20speculation.pdf http://irep.iium.edu.my/72059/7/72059_Residential%20property%20price%20hike%20and%20speculation_scopus.pdf |
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2023-09-18T21:42:10Z |
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2023-09-18T21:42:10Z |
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