Factors affecting house price in Johor, Malaysia

The research aimed to study the determinants of house price in Johor from year 1988 until 2013 based on time series data. There are three independent variables used in the study which is Gross Domestic Product per capita of Johor, total population of Johor, and lending rate. The study will conducted...

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Bibliographic Details
Main Author: Ng, Yueh Shiun
Format: Final Year Project Report / IMRAD
Language:English
English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2015
Subjects:
Online Access:http://ir.unimas.my/id/eprint/12312/
http://ir.unimas.my/id/eprint/12312/1/Factors%20affecting%20house%20price%20in%20Johor%2C%20Malaysia%20%2824pgs%29.pdf
http://ir.unimas.my/id/eprint/12312/2/Factors%20affecting%20house%20price%20in%20Johor%2C%20Malaysia%20%28fulltext%29.pdf
Description
Summary:The research aimed to study the determinants of house price in Johor from year 1988 until 2013 based on time series data. There are three independent variables used in the study which is Gross Domestic Product per capita of Johor, total population of Johor, and lending rate. The study will conducted by using Dickey-Fuller GLS test (DFGLS) for unit root test, Johansen and Juselius cointegration test (JJ), VECM granger causality test, variance decomposition test, and impulse response function (IRF). Result of analysis shows that the Johor house price is positively influence by GDP per capita while total population and lending rate negatively influence the house price in Johor. The house price in Johor is significantly influence by the three independent variables.