A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives

The Ministry of Housing and Local Government’s regards abandoned housing projects as a highly serious problem. As of June 2015, Malaysia records 10,403 house buyers being affected from 15,206 abandoned housing units on 53 housing projects. This study, therefore looks into this matter through a su...

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Main Authors:	Haron, Razali, Abd. Razak, Dzuljastri, Jaiyeoba, Haruna Babatunde
Format:	Article
Language:	English
Published:	Journal of Global Business and Social Entrepreneurship (GBSE) 2016
Subjects:	HB801 Consumption. Demand
Online Access:	http://irep.iium.edu.my/72488/ http://irep.iium.edu.my/72488/ http://irep.iium.edu.my/72488/1/GBSE%201%281%29%20104-109%20%28March%202016%29.pdf

id	iium-72488
recordtype	eprints
spelling	iium-724882019-06-13T07:31:40Z http://irep.iium.edu.my/72488/ A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives Haron, Razali Abd. Razak, Dzuljastri Jaiyeoba, Haruna Babatunde HB801 Consumption. Demand The Ministry of Housing and Local Government’s regards abandoned housing projects as a highly serious problem. As of June 2015, Malaysia records 10,403 house buyers being affected from 15,206 abandoned housing units on 53 housing projects. This study, therefore looks into this matter through a survey analysis on 328 house buyers covering 11 states in Malaysia. Lack of enforcement of housing law and policy is detected as one of the main contributing factors of this problem and the house buyers are not adequately protected under the existing law and practices. The developers and the banks have taken advantage of the Sell Then Build (STB) system where associated risks were being transferred to the house buyers through progressive payments and the monthly instalments. The study provides insights to practitioners and policy makers on necessary improvements of the law and policy to protect house buyers’ interests and to avoid abandoned housing projects in Malaysia. Journal of Global Business and Social Entrepreneurship (GBSE) 2016-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/72488/1/GBSE%201%281%29%20104-109%20%28March%202016%29.pdf Haron, Razali and Abd. Razak, Dzuljastri and Jaiyeoba, Haruna Babatunde (2016) A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives. Journal of Global Business and Social Entrepreneurship (GBSE), 1 (1). pp. 104-109. E-ISSN 2462-1714 http://gbse.com.my/isimarch16/GBSE%201(1)%20104-109%20(March%202016).pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB801 Consumption. Demand
spellingShingle	HB801 Consumption. Demand Haron, Razali Abd. Razak, Dzuljastri Jaiyeoba, Haruna Babatunde A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives
description	The Ministry of Housing and Local Government’s regards abandoned housing projects as a highly serious problem. As of June 2015, Malaysia records 10,403 house buyers being affected from 15,206 abandoned housing units on 53 housing projects. This study, therefore looks into this matter through a survey analysis on 328 house buyers covering 11 states in Malaysia. Lack of enforcement of housing law and policy is detected as one of the main contributing factors of this problem and the house buyers are not adequately protected under the existing law and practices. The developers and the banks have taken advantage of the Sell Then Build (STB) system where associated risks were being transferred to the house buyers through progressive payments and the monthly instalments. The study provides insights to practitioners and policy makers on necessary improvements of the law and policy to protect house buyers’ interests and to avoid abandoned housing projects in Malaysia.
format	Article
author	Haron, Razali Abd. Razak, Dzuljastri Jaiyeoba, Haruna Babatunde
author_facet	Haron, Razali Abd. Razak, Dzuljastri Jaiyeoba, Haruna Babatunde
author_sort	Haron, Razali
title	A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives
title_short	A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives
title_full	A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives
title_fullStr	A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives
title_full_unstemmed	A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives
title_sort	survey analysis on abandoned housing projects in malaysia. the house buyers’ perspectives
publisher	Journal of Global Business and Social Entrepreneurship (GBSE)
publishDate	2016
url	http://irep.iium.edu.my/72488/ http://irep.iium.edu.my/72488/ http://irep.iium.edu.my/72488/1/GBSE%201%281%29%20104-109%20%28March%202016%29.pdf
first_indexed	2023-09-18T21:42:42Z
last_indexed	2023-09-18T21:42:42Z
_version_	1777413246576230400

A survey analysis on abandoned housing projects in Malaysia. The house buyers’ perspectives

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