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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Main Authors: Haron, Razali, Ibrahim, Khairunisah
Format: Article
Language:English
English
Published: Malaysian Institute of Planners 2019
Subjects:
Online Access: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
id iium-72059
recordtype eprints
spelling 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
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HG4501 Stocks, investment, speculation
spellingShingle 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
first_indexed 2023-09-18T21:42:10Z
last_indexed 2023-09-18T21:42:10Z
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