Indicator approach to housing market analysis in Sarawak

The present study evaluated the movement of housing cycle in Sarawak. A housing market indicator has been constructed for the case of Sarawak through an indicator methodology founded by The National Bureau of Economics Research (NBER) of the United States. Furthermore, various empirical issues s...

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Main Author: Voon, Zhi Cheng
Format: Final Year Project Report / IMRAD
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2015
Subjects:
Online Access:http://ir.unimas.my/id/eprint/12331/
http://ir.unimas.my/id/eprint/12331/8/Indicator%20approach%20to%20housing%20market%20analysis%20in%20Sarawak.pdf
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author Voon, Zhi Cheng
author_facet Voon, Zhi Cheng
author_sort Voon, Zhi Cheng
building UNIMAS Institutional Repository
collection Online Access
description The present study evaluated the movement of housing cycle in Sarawak. A housing market indicator has been constructed for the case of Sarawak through an indicator methodology founded by The National Bureau of Economics Research (NBER) of the United States. Furthermore, various empirical issues such as stationarity of time series, cointegration of variables, indicator construction and filtering exercise have been examined empirically to administer further understanding towards the construction of indicator. In addition, the objective to construct a novel housing market indicator (HMI) with leading attributes is believed to be successful. The constructed HMI displayed an outstanding leading period of 10 months on average. Moreover, the HMI is found to be moving consistently with the housing price index (HPI) of Sarawak in terms of magnitude and also successfully traced down all the major economic incidents that affected Sarawak. In a nutshell, the HMI has provided a remarkable outlook on the housing market dynamic in Sarawak. The findings of this present study may serve as a good reference of the housing cycle in Sarawak. Policy maker, business sector and household investors can have a better insight towards the fluctuation movement of the housing market and carry out their plans in the investment and policy development in housing sector.
first_indexed 2025-11-15T06:35:30Z
format Final Year Project Report / IMRAD
id unimas-12331
institution Universiti Malaysia Sarawak
institution_category Local University
language English
last_indexed 2025-11-15T06:35:30Z
publishDate 2015
publisher Universiti Malaysia Sarawak, (UNIMAS)
recordtype eprints
repository_type Digital Repository
spelling unimas-123312024-09-17T08:32:39Z http://ir.unimas.my/id/eprint/12331/ Indicator approach to housing market analysis in Sarawak Voon, Zhi Cheng HF Commerce The present study evaluated the movement of housing cycle in Sarawak. A housing market indicator has been constructed for the case of Sarawak through an indicator methodology founded by The National Bureau of Economics Research (NBER) of the United States. Furthermore, various empirical issues such as stationarity of time series, cointegration of variables, indicator construction and filtering exercise have been examined empirically to administer further understanding towards the construction of indicator. In addition, the objective to construct a novel housing market indicator (HMI) with leading attributes is believed to be successful. The constructed HMI displayed an outstanding leading period of 10 months on average. Moreover, the HMI is found to be moving consistently with the housing price index (HPI) of Sarawak in terms of magnitude and also successfully traced down all the major economic incidents that affected Sarawak. In a nutshell, the HMI has provided a remarkable outlook on the housing market dynamic in Sarawak. The findings of this present study may serve as a good reference of the housing cycle in Sarawak. Policy maker, business sector and household investors can have a better insight towards the fluctuation movement of the housing market and carry out their plans in the investment and policy development in housing sector. Universiti Malaysia Sarawak, (UNIMAS) 2015 Final Year Project Report / IMRAD NonPeerReviewed text en http://ir.unimas.my/id/eprint/12331/8/Indicator%20approach%20to%20housing%20market%20analysis%20in%20Sarawak.pdf Voon, Zhi Cheng (2015) Indicator approach to housing market analysis in Sarawak. [Final Year Project Report / IMRAD] (Unpublished)
spellingShingle HF Commerce
Voon, Zhi Cheng
Indicator approach to housing market analysis in Sarawak
title Indicator approach to housing market analysis in Sarawak
title_full Indicator approach to housing market analysis in Sarawak
title_fullStr Indicator approach to housing market analysis in Sarawak
title_full_unstemmed Indicator approach to housing market analysis in Sarawak
title_short Indicator approach to housing market analysis in Sarawak
title_sort indicator approach to housing market analysis in sarawak
topic HF Commerce
url http://ir.unimas.my/id/eprint/12331/
http://ir.unimas.my/id/eprint/12331/8/Indicator%20approach%20to%20housing%20market%20analysis%20in%20Sarawak.pdf