Home buyers’ perception on abandoned housing projects in Malaysia

Abandoned housing project has become a major issue in the housing industry in Malaysia. Despite several efforts by the government to curb the problem, it still exists in the country. The current study offer new insights on the perceptions of home buyers concerning abandoned housing projects in Malay...

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Main Authors:	Abdul Razak, Dzuljastri, Abu Samah, Zariah, Abdul Wahab, Abdul Hamid
Format:	Conference or Workshop Item
Language:	English
Published:	Zes Rokman Enterprise 2016
Subjects:	HG4001 Financial management. Business finance. Corporation finance.
Online Access:	http://irep.iium.edu.my/50352/ http://irep.iium.edu.my/50352/ http://irep.iium.edu.my/50352/1/50352_%281%29.pdf

id	iium-50352
recordtype	eprints
spelling	iium-503522017-01-16T03:41:49Z http://irep.iium.edu.my/50352/ Home buyers’ perception on abandoned housing projects in Malaysia Abdul Razak, Dzuljastri Abu Samah, Zariah Abdul Wahab, Abdul Hamid HG4001 Financial management. Business finance. Corporation finance. Abandoned housing project has become a major issue in the housing industry in Malaysia. Despite several efforts by the government to curb the problem, it still exists in the country. The current study offer new insights on the perceptions of home buyers concerning abandoned housing projects in Malaysia. Two Islamic home financing products that is Bai Bithaman Ajil (BBA) and Musharakah Mutanaqisah Partnership (MMP) are considered. The objective is to determine based on the opinion of the respondents, which one is more preferred. In addition, what are some of the potential causes of abandoned housing projects in Malaysia. The perception of home buyers are evaluated based on five variables namely , financing concepts used, justice and fairness, pricing methods, legal and governance, and shari’ah compliance issues. The findings show that, using MMP concept in Islamic home financing is preferred as compared to BBA. Furthermore, insufficient laws and regulations and the use of BBA financing are viewed to be some of the contributing factors that causes abandoned housing projects in Malaysia Keywords: Bai Bithaman Ajil, Musharakah Mutanaqisah Partnership, Justice Abandoned housing projects, Malaysia Zes Rokman Enterprise 2016 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/50352/1/50352_%281%29.pdf Abdul Razak, Dzuljastri and Abu Samah, Zariah and Abdul Wahab, Abdul Hamid (2016) Home buyers’ perception on abandoned housing projects in Malaysia. In: Kuala Lumpur International Business, Economics and Law Conference (KLIBEL 9), 16th-17th April 2016, Hotel Putra, Jalan Tun Razak, Kuala Lumpur, Malaysia. http://klibel.com/proceeding/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG4001 Financial management. Business finance. Corporation finance.
spellingShingle	HG4001 Financial management. Business finance. Corporation finance. Abdul Razak, Dzuljastri Abu Samah, Zariah Abdul Wahab, Abdul Hamid Home buyers’ perception on abandoned housing projects in Malaysia
description	Abandoned housing project has become a major issue in the housing industry in Malaysia. Despite several efforts by the government to curb the problem, it still exists in the country. The current study offer new insights on the perceptions of home buyers concerning abandoned housing projects in Malaysia. Two Islamic home financing products that is Bai Bithaman Ajil (BBA) and Musharakah Mutanaqisah Partnership (MMP) are considered. The objective is to determine based on the opinion of the respondents, which one is more preferred. In addition, what are some of the potential causes of abandoned housing projects in Malaysia. The perception of home buyers are evaluated based on five variables namely , financing concepts used, justice and fairness, pricing methods, legal and governance, and shari’ah compliance issues. The findings show that, using MMP concept in Islamic home financing is preferred as compared to BBA. Furthermore, insufficient laws and regulations and the use of BBA financing are viewed to be some of the contributing factors that causes abandoned housing projects in Malaysia Keywords: Bai Bithaman Ajil, Musharakah Mutanaqisah Partnership, Justice Abandoned housing projects, Malaysia
format	Conference or Workshop Item
author	Abdul Razak, Dzuljastri Abu Samah, Zariah Abdul Wahab, Abdul Hamid
author_facet	Abdul Razak, Dzuljastri Abu Samah, Zariah Abdul Wahab, Abdul Hamid
author_sort	Abdul Razak, Dzuljastri
title	Home buyers’ perception on abandoned housing projects in Malaysia
title_short	Home buyers’ perception on abandoned housing projects in Malaysia
title_full	Home buyers’ perception on abandoned housing projects in Malaysia
title_fullStr	Home buyers’ perception on abandoned housing projects in Malaysia
title_full_unstemmed	Home buyers’ perception on abandoned housing projects in Malaysia
title_sort	home buyers’ perception on abandoned housing projects in malaysia
publisher	Zes Rokman Enterprise
publishDate	2016
url	http://irep.iium.edu.my/50352/ http://irep.iium.edu.my/50352/ http://irep.iium.edu.my/50352/1/50352_%281%29.pdf
first_indexed	2023-09-18T21:11:09Z
last_indexed	2023-09-18T21:11:09Z
_version_	1777411261662756864

Home buyers’ perception on abandoned housing projects in Malaysia

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