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The effect on unfavourable economic conditions in Malaysia to abandoned housing project

Nur Farhayu, Ariffin and Saidah Annisaa, Salam and Adib Danial, Kamaruddin The effect on unfavourable economic conditions in Malaysia to abandoned housing project. International Journal of Recent Technology and Engineering. ISSN 2277-3878

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Abstract

Abandoned of housing projects during constructionis a prevailing problem that the housing sector in Malaysia has been experiencing since 1980s. This paper aims to highlight the causes and impacts of economic growth towards the abandoned housing projects. Factors pertaining to projects abandonment can be categorized into economic, financial, legal, managerial, system-related, and unforeseen risks. The study reveals mainimpacts of abandoned housing projects which is economic impacts. For this purpose, the study looks into how the extent of the impact of rising raw material prices, labour wage prices and transport machinery prices especially in Peninsular Malaysiatowards the growth of number in abandoned housing project.

Item Type: Article
Additional Information: Indexed by Scopus
Uncontrolled Keywords: Abandoned housing project; Construction cost; Peninsular Malaysia
Subjects: T Technology > TA Engineering (General). Civil engineering (General)
T Technology > TH Building construction
Faculty/Division: Faculty of Civil Engineering & Earth Resources
Institute of Postgraduate Studies
Depositing User: Mrs Norsaini Abdul Samat
Date Deposited: 26 Feb 2020 08:53
Last Modified: 26 Feb 2020 08:53
URI: http://umpir.ump.edu.my/id/eprint/26905
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