Abandoned housing projects in Malaysia: Pressing issues during the rehabiliation process
Abandoned of housing projects during construction is a prevailing problem that the housing sector in Malaysia has been experiencing since 1980s. This paper aims to highlight the causes and impacts of abandoned housing projects, and various initiatives to rehabilitate these projects. Factors pe...
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Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
2013
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Subjects: | |
Online Access: | http://eprints.unisza.edu.my/4185/1/FH02-FPPP-14-00561.pdf http://eprints.unisza.edu.my/4185/ |
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Institution: | Universiti Sultan Zainal Abidin |
Language: | English |
Summary: | Abandoned of housing projects during construction is a prevailing problem that the housing
sector in Malaysia has been experiencing since 1980s. This paper aims to highlight the
causes and impacts of abandoned housing projects, and various initiatives to rehabilitate
these projects. Factors pertaining to projects abandonment can be categorized into:
economic, financial, legal, managerial, system-related, and unforeseen risks. The study
reveals three main impacts of abandoned housing projects: social, economic, and
environmental impacts. The main steps taken to solve this problem include the rehabilitation
of abandoned projects and other initiatives to reserve the right of purchasers through
appropriate legal resolutions endorsement. Additional initiatives and formulation of upgraded
solutions would further strengthen and enhance the ongoing policy of preempting and
resuscitating abandoned housing projects. The study suggests further research to be
conducted to identify various risks involved in the rehabilitation process. Such research can
be aided through the seeking of stakeholders’ opinions on the risks to carry out projects
rehabilitation. |
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