EconPapers    
Economics at your fingertips  
 

Factors Affecting Housing Prices in Malaysia: A Literature Review

Nur Sabrina Abdul Latif, Khawaja Muhammad Rizwan Majeed, Nabilah Rozzani and Siti Khadijah Saleh
Additional contact information
Nur Sabrina Abdul Latif: Faculty of Business Management & Professional Studies, Management and Science University, Malaysia.
Khawaja Muhammad Rizwan Majeed: Faculty of Business Management & Professional Studies, Management and Science University, Malaysia.
Nabilah Rozzani: Faculty of Business Management & Professional Studies, Management and Science University, Malaysia.
Siti Khadijah Saleh: Faculty of Business Management & Professional Studies, Management and Science University, Malaysia.

International Journal of Asian Social Science, 2020, vol. 10, issue 1, 63-68

Abstract: Housing prices or the value of houses in Malaysia have fluctuated significantly in the last decade. This sort of indecisions creates an obvious effect on the people who wish to invest or buy housing in Malaysia. Many researchers had argued in the past that housing prices are closely related to the affordability of buyers to own a house, therefore the government plays a vital role in ensuring the housing prices of Malaysia are at par with the income levels. As such, the current study aims to discuss on several factors which affect housing prices in Malaysia. The study had identified several factors, namely foreign direct investment (FDI), gross domestic product (GDP), interest rate, unemployment and inflation for purposes of discussion. Hence, it is important to understand the factors affecting the housing prices in Malaysia for government and policy makers to make decisions. This study is made to provide answers for factors affecting Malaysia?s house prices.

Keywords: Property investment; Housing prices; Affordability; Income level; Inflation; Malaysia. (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.aessweb.com/download.php?id=4835 (application/pdf)
http://www.aessweb.com/journals/5007/January2020 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:asi:ijoass:2020:p:63-68

Access Statistics for this article

International Journal of Asian Social Science is currently edited by Editor

More articles in International Journal of Asian Social Science from Asian Economic and Social Society 2637 E Atlantic Blvd #43110 Pompano Beach, FL 33062, USA.
Bibliographic data for series maintained by Chan Hoi Yan ().

 
Page updated 2020-03-14
Handle: RePEc:asi:ijoass:2020:p:63-68