Determinants of abandoned housing projects in Malaysia

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

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Abstract

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.

Item Type:	Article (Journal)
Additional Information:	4433/52413
Uncontrolled Keywords:	Abandoned housing projects, Consumers, Islamic home financing, Home buyers, Malaysia
Subjects:	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 Finance
Depositing User:	Dr Dzuljastri Abdul Razak
Date Deposited:	31 Oct 2016 09:05
Last Modified:	28 Apr 2017 16:24
URI:	http://irep.iium.edu.my/id/eprint/52413

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