PRIVATE LEASE APARTMENT - A BETTER POTENTIAL THROUGH BUILD-THEN-SELL APPROACH

Author:

Zainudin Ainur Zaireen,Abdullah Norhafiza,Md Yunus Norhidayah,Samsudin Salfarina,Mustaffa Nur Emma,Zakaria Siti Radiaton Adawiyah,Md Azmi Fatin Afiqah,Mohsin Aminah,Ismail Noorfajri

Abstract

Private lease apartment is considerably a new option for residential properties in Malaysia’s housing market. However, its emergence is not without issue as it was claimed to bring more benefits to the land owners than to the buyers who became the properties’ lessees. Therefore, the aim of this paper is twofold: to examine the disadvantages of buying an apartment through private lease, and to study the potential of the build-then-sell approach as possible solution to secure buyer’s interest. Based on a case study approach, the collected primary and secondary data were descriptively analysed and discussed how the build then sell approach may potentially improve the private lease apartment delivery.

Publisher

Malaysian Institute of Planners

Subject

Urban Studies,Geography, Planning and Development

Reference15 articles.

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3. Hussin, K. and Faridah, H. P. (2003). Apartment law in Malaysia buying properties without title: legal point of view. International Convention on Urban Development and Management, 7–9 July: Langkawi. 2003.

4. Ibrahim, F. A., Mohd Shafiei, W. M. and Jusoh, H. (2014) Sell-Then-Build and Build-Then-Sell: House Buyers Preferences. International Journal of Applied Engineering Research, 9(15), 2923-2936.

5. Mohd Fauzi S.N.F., Yusof, N. and Zainul Abidin, N. (2012) The Relationship of Housing Defects, Occupants’ Satisfaction and Loyalty Behaviour. Procedia - Social and Behavioral Sciences 62, 75 – 86.

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