A study of the causes and effects of abandoned residential projects in Malaysia

K. Nagamany, Dharmasegaran (2016) A study of the causes and effects of abandoned residential projects in Malaysia. Masters thesis, Universiti Tun Hussein Onn Malaysia.

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Abstract

The ever increasing demand for property has brought about numerous problems involving the stakeholders in the property industry, resulting in the widespread abandonment of residential projects in the country. The purpose of this study is to reveal the causes relating to the phenomenon of abandoned residential projects in a structured manner and its effects from a social, economic and environmental perspective. A preliminary research on literature review using content analysis identified the key stakeholders involved. A quantitative research methodology was conducted in the collection of data through a well-designed questionnaire which was structured based on literature review and preliminary interviews and discussions with 10 key stakeholders of the property industry. A total of 52 respondents representing developers, contractors, consultants, REHDA, HBA, Abandoned Property Owners Association and banks participated in the survey. Data was analysed using descriptive statistics whereby the mean scores were obtained. The findings conclude that the main root causes of abandoned residential projects in Malaysia are financial closely followed by administrative/strategy and policy factors. They also confirm that the effects are mainly social and economic with some environmental effects; sub-categorized as financial, administrative and policy perspectives. An analytical framework in the form of a Fishbone Diagram illustrates the causes and effects of abandonment categorized under the different perspectives with respect to the relevant key stakeholders. The findings of this research contribute valuable knowledge and solutions to the key stakeholders enabling them in making informed choices and decisions in avoiding future entrapment.

Item Type:Thesis (Masters)
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD101-1396 Land use
ID Code:8901
Deposited By:Mr. Mohammad Shaifulrip Ithnin
Deposited On:22 Feb 2017 18:04
Last Modified:22 Feb 2017 18:04

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