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Dynamic Relationship between House Prices in Malaysia's Major Economic Regions and Singapore House Prices

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  • Hassan Gholipour Fereidouni
  • Usama Al-Mulali
  • Janice Y. M. Lee
  • Abdul Hakim Mohammed

Abstract

F ereidouni H. G., A l -M ulali U., L ee J. Y. M. and M ohammed A. H. Dynamic relationship between house prices in Malaysia's major economic regions and Singapore house prices, Regional Studies . The purpose of this study is to examine house price diffusion among Malaysia's major economic regions (Kuala Lumpur, Selangor, Pulau Pinang and Johor) and between each of these regions and neighbouring Singapore by using the quarterly data from 2000:Q1 to 2011:Q1. By applying multivariate co-integration approach, the results show the existence of ripple effects among Malaysia's major economic regions. Moreover, it is found that house price diffusion observed within a country can be extended across the border. Implications are offered along with the findings of this research.

Suggested Citation

  • Hassan Gholipour Fereidouni & Usama Al-Mulali & Janice Y. M. Lee & Abdul Hakim Mohammed, 2016. "Dynamic Relationship between House Prices in Malaysia's Major Economic Regions and Singapore House Prices," Regional Studies, Taylor & Francis Journals, vol. 50(4), pages 657-670, April.
    • Handle: RePEc:taf:regstd:v:50:y:2016:i:4:p:657-670
    DOI: 10.1080/00343404.2014.928408
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    Cited by:

    1. Chien-Fu Chen & Shu-hen Chiang, 2020. "Time-varying spillovers among first-tier housing markets in China," Urban Studies, Urban Studies Journal Limited, vol. 57(4), pages 844-864, March.
    2. I-Chun Tsai, 2019. "Interregional correlations in the US housing market at three price tiers," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 63(1), pages 1-24, August.
    3. Kun Duan & Tapas Mishra & Mamata Parhi & Simon Wolfe, 2019. "How Effective are Policy Interventions in a Spatially-Embedded International Real Estate Market?," The Journal of Real Estate Finance and Economics, Springer, vol. 58(4), pages 596-637, May.

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