PROPERTY MARKET RESEARCH (SGP 3113) SEM 2 2008/09 Lab Work 1 This assignment is to be done in group. Make sure you have identified your own group members. Instructions: Question 1 1. Re-copy Table 4.1 2. Add data for 2003 – 2007 to the table. 3. Using Excel software, plot two separate graphs indicating: a) profiles of GDP (RM million) in monetary form; b) profiles of GDP in percentage form. Comment on your observations by giving a special attention on the relative performance of construction sector against other sub-sectors. Question 2 1. Collect data on the total number of transaction (units) for all property types, namely residential, commercial, industrial, agriculture, and others for the following periods: Group Year Group Year 1 2 3 4 5 6 7 8 9 1990 1991 1992 1993 1994 1995 1996 1997 1998 10 11 12 13 14 15 16 17 18 1999 2000 2001 2002 2003 2004 2005 2006 2007 2. Construct a table (something like Table 4.13 of Basic Aspects of Property Market Research) showing the profiles of property transactions in Malaysia, 1990-2007, containing the following details: a) Total number of transactions (units) b) Property construction 3. Plot graphs showing the trends/patterns of the property market for the past 17 years. Comments on your observations. Question 3 Conduct a simple statistical analysis for examining GDP elasticity of property transactions, using data from Question 1 and Question 2, from 1996-2007. Discuss your results.