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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Main Author: Abdul Razak, Dzuljastri
Format: Article
Language:English
Published: Faculty of Economics Unissula, Shariah, Economic Society, Islamic Economic Consortium 2016
Subjects:
Online Access:http://irep.iium.edu.my/52413/
http://irep.iium.edu.my/52413/1/52413_Determinants%20Of%20Abandoned%20Housing%20Projects.pdf
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author Abdul Razak, Dzuljastri
author_facet Abdul Razak, Dzuljastri
author_sort Abdul Razak, Dzuljastri
building IIUM Repository
collection Online Access
description 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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spelling iium-524132017-04-28T08:24:56Z http://irep.iium.edu.my/52413/ Determinants of abandoned housing projects in Malaysia Abdul Razak, Dzuljastri HG4001 Financial management. Business finance. Corporation finance. 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. Faculty of Economics Unissula, Shariah, Economic Society, Islamic Economic Consortium 2016 Article PeerReviewed application/pdf en http://irep.iium.edu.my/52413/1/52413_Determinants%20Of%20Abandoned%20Housing%20Projects.pdf Abdul Razak, Dzuljastri (2016) Determinants of abandoned housing projects in Malaysia. International Jurnal of Islamic Business Ethics, 1 (1). pp. 1-12. ISSN 2502-4647 http://jurnal.unissula.ac.id/index.php/ijibe/issue/view/105
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Abdul Razak, Dzuljastri
Determinants of abandoned housing projects in Malaysia
title Determinants of abandoned housing projects in Malaysia
title_full Determinants of abandoned housing projects in Malaysia
title_fullStr Determinants of abandoned housing projects in Malaysia
title_full_unstemmed Determinants of abandoned housing projects in Malaysia
title_short Determinants of abandoned housing projects in Malaysia
title_sort determinants of abandoned housing projects in malaysia
topic HG4001 Financial management. Business finance. Corporation finance.
url 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