HOUSE PRICE MOVEMENT FOR PRIMARY AND SECONDARY MARKETS: EVIDENCE FROM SELANGOR, MALAYSIA

Authors

  • Haszlila Jalil Faculty of Engineering and Built Environment UNIVERSITI KEBANGSAAN MALAYSIA
  • Norngainy Mohd Tawil Faculty of Engineering and Built Environment UNIVERSITI KEBANGSAAN MALAYSIA
  • Md Nasir Daud Faculty of Built Environment UNIVERSITI MALAYA
  • Aina Edayu Ahmad Valuation and Property Services Department NATIONAL PROPERTY INFORMATION CENTRE

DOI:

https://doi.org/10.21837/pm.v16i5.436

Keywords:

house price, price escalation, primary market, secondary market

Abstract

The aim of this study is to determine the trend of escalation for both primary and secondary housing units. This research applies the desk study approach which uses secondary data from statistical format, which is the property market report (PMR) from the year of 2004 to 2014. Data from the PMR was analysed by using descriptive statistics method which provides a general overview of the house price movement. The observation only focuses the house price movement from the (9) districts in Selangor state. Results show that even though the volume of transactions decreases, the prices of residential properties are steadily increasing which also indirectly escalates the secondary market price.

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References

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Published

2018-07-25

How to Cite

Jalil, H., Mohd Tawil, N., Daud, M. N., & Ahmad, A. E. (2018). HOUSE PRICE MOVEMENT FOR PRIMARY AND SECONDARY MARKETS: EVIDENCE FROM SELANGOR, MALAYSIA. PLANNING MALAYSIA, 16(5). https://doi.org/10.21837/pm.v16i5.436

Issue

Vol. 16 (2018): PLANNING MALAYSIA JOURNAL : Volume 16, Issue 1, 2018

Section

Article

License

Copyright & Creative Commons Licence

eISSN: 0128-0945 © Year. The Authors. Published for Malaysia Institute of Planners. This is an open-access article under the CC BY-NC-ND license.

The authors hold the copyright without restrictions and also retain publishing rights without restrictions.

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