The Economic Stimulus Package to Boost Malaysia Property Market (Post COVID-19)

Authors

  • Abdol Samad Nawi Department of Postgraduate and Professional Studies, Faculty of Business and Management, Universiti Teknologi MARA Kelantan Branch
  • Mohd Azuan Mohd Alias Center of Studies of Foodservice Management, Faculty of Hotel and Tourism Management, Universiti Teknologi MARA, 42300 Puncak Alam, Selangor, Malaysia
  • Mustafa Kamal Mat Department of Economics and Financial Studies, Faculty of Business and Management, Universiti Teknologi MARA (Negeri Sembilan) 71300 Rembau, Negeri Sembilan, Malaysia.
  • Zakiyah Hasan Department of Industrial Design College of Creative Arts, Universiti Teknologi MARA, 40450 Shah Alam, Selangor, Malaysia.
  • Siti Hafsah Zulkarnain Centre of Studies of Estate Management College of Built Environment, Universiti Teknologi MARA, 40450 Shah Alam, Selangor, Malaysia.

DOI:

https://doi.org/10.32734/jomas.v3i1.10590

Keywords:

COVID-19, Economic Stimulus Package, Interest Rate, Loan, Overnight Policy Rate (OPR), Property Market.

Abstract

The purpose of this study was to see how the Economic Stimulus Package impacted the Malaysia property market. The impact of the Overnight Policy Rate (OPR) on the property market was studied as a case study. The data was  analyzed using the Ordinary Least Squares method (OLS) and covered the years 2010  to 2020. It was discovered that OPR has a positive sign in relation the property market, and the Granger Causality Test demonstrates that OPR causes the volume of transactions in the property market. According to the study, the government should continue to provide the essential stimulus package to boost growth in the Malaysia Property Market

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Published

2023-01-01

Issue

Vol. 3 No. 1 (2023): Journal Of Management Analytical and Solution

Section

Articles

Copyright (c) 2023 Journal Of Management Analytical and Solution (JoMAS)

Creative Commons License

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