DETERMINANTS OF ABANDONED HOUSING PROJECTS IN MALAYSIA

DETERMINANTS OF ABANDONED HOUSING PROJECTS IN MALAYSIA

DETERMINANTS OF ABANDONED HOUSING PROJECTS IN MALAYSIA

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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 customersobtained by means of self-administered questionnaires.Four variables namely lack of justice and equity, GABA 500 methods of computing and pricing, nature of contract and lack of legal and governance were used as variables.The results Kids 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 affectingabandoned housing projects in Malaysia.

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