Are There Adequate Protections for the Purchasers in Abandoned Housing Projects of the Insolvent Housing Developer Companies in Peninsular Malaysia?
Abandoned housing projects are one of the housing problems in Peninsular Malaysia. The real victims are the purchasers themselves. Virtually, there is no specific common way to face the problems of abandoned housing projects. Usually when a housing developer company is insolvent in Peninsular Malaysia, the affairs and businesses of the company is taken over either by liquidator, provisional liquidator or the appointed receiver and manager and the like. These parties may rehabilitate the abandoned projects left by the defaulting housing developer companies, if the projects are viable for rehabilitation and there is adequate fund. This paper will discuss the law and practice in the rehabilitation of abandoned housing projects in Peninsular Malaysia of the insolvent housing developer companies. From the paper, suggestions will be forwarded in the ending part of the paper for facing the problems of abandoned housing projects and their rehabilitation.
Nuarruai Hilal Md.Dahlan
Universiti Utara Malaysia
国际会议
2011 Academy for Global Business Advancement(AGBAs)8th World Congress(全球商务发展学会第八届国际会议)
大连
英文
211-224
2011-09-15（万方平台首次上网日期，不代表论文的发表时间）