A discourse on abandoned housing projects (AHPS) and the potential of crowdfunding: Malaysian evidence

Mohd Thas Thaker, Hassanudin (2025) A discourse on abandoned housing projects (AHPS) and the potential of crowdfunding: Malaysian evidence. Global Review of Islamic Economics and Business, 13 (1). pp. 32-46. ISSN 2338-2619 E-ISSN 2338-7920

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Abstract

The surge in housing demand has exacerbated challenges in Malaysia's property market, notably the widespread issue of abandoned housing projects (AHPs). Despite the government and banking sector's continuous efforts to facilitate financing for affordable housing, the increasing number of AHPs indicates economic inefficiencies. Literature identifies developers' financing constraints as a key driver of project abandonment. To address this, our study proposes the "Integrated Abandoned Housing Project Crowdfunding Model (IAHPCM)" as a viable alternative financing solution for developers. This framework aims to mitigate financial barriers and enhance housing project completion rates. The findings contribute to the growing body of literature on crowdfunding while offering practical implications for developers and broader economic sustainability

Item Type:	Article (Journal)
Uncontrolled Keywords:	Housing Abandonment Issue , Crowdfunding, Financial Constraint
Subjects:	H Social Sciences > HG Finance H Social Sciences > HG Finance > HG229 Inflation H Social Sciences > HG Finance > HG3691 Credit H Social Sciences > HG Finance > HG4001 Financial management. Business finance. Corporation finance.
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Dr Hassanudin Mohd Thas Thaker
Date Deposited:	30 May 2025 09:19
Last Modified:	30 May 2025 09:19
URI:	http://irep.iium.edu.my/id/eprint/121271

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