Determinants of abandoned housing projects in Malaysia
The issues of abandoned housing projects are not new in Malaysia. Without proper measures to tackle, they will continue to haunt home buyers. This study examines responses of 328 customers obtained by means of self-administered questionnaires. Four variables namely lack of justice and equity, metho...
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| Format: | Article |
| Language: | English |
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Faculty of Economics Unissula, Shariah, Economic Society, Islamic Economic Consortium
2016
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| Online Access: | http://irep.iium.edu.my/52413/ http://irep.iium.edu.my/52413/ http://irep.iium.edu.my/52413/1/52413_Determinants%20Of%20Abandoned%20Housing%20Projects.pdf |
| Summary: | The issues of abandoned housing projects are not new in Malaysia. Without proper measures to tackle, they will continue to haunt home buyers. This study examines responses of 328 customers obtained by means of self-administered questionnaires. Four variables namely
lack of justice and equity, methods of computing and pricing, nature of contract and lack of legal and governance were used as variables. The results indicated that all the hypothesized relationships are supported. Of these, the nature of contract was found to be the main
cause of the problem. The results contributes to the scanty empirical research in this area. It also benefits managers of Islamic banks to address issues that are affecting abandoned housing projects in Malaysia. |
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