Factors Influencing Property Overhang in Residential and Serviced Apartments in Malaysia: A Thematic Review

Noor Farhana Akrisha Ishak; Zarita Ahmad @ Baharum; Kien Hwa Ting; Jufri Marzuki

doi:10.21834/e-bpj.v9i27.5732

Authors

Noor Farhana Akrisha Ishak College of Built Environment, Universiti Teknologi MARA, 40450 Shah Alam, Malaysia
Zarita Ahmad @ Baharum College of Built Environment, Universiti Teknologi MARA, 40450 Shah Alam, Malaysia
Kien Hwa Ting Department of Real Estate, Faculty of Built Environment, Tunku Abdul Rahman University of Management and Technology, Jalan Genting Klang, 53300 Kuala Lumpur, Malaysia
Jufri Marzuki Department of Economics, Finance & Property, School of Business, Western Sydney University, Australia

DOI:

https://doi.org/10.21834/e-bpj.v9i27.5732

Keywords:

Property overhang, Residential, Serviced apartment, Malaysia, Thematic analysis

Abstract

The one-decade data on residential and serviced apartment overhang indicates that overhang occurs in Malaysia and should not be taken lightly. This paper aims to identify the factors influencing property overhang by adopting a thematic analysis. ATLAS.ti 23 was used to conduct thematic analysis. The findings revealed eleven main themes of factors in property overhang in Malaysia based on the pattern highlighted in the literature. The outcomes are expected to benefit the direction of future research and developing solutions, especially for the agencies and stakeholders such as the state and local authorities and developers to work together.

Author Biography

Zarita Ahmad @ Baharum, College of Built Environment, Universiti Teknologi MARA, 40450 Shah Alam, Malaysia

Senior Lecturer, College of Built Environment, Universiti Teknologi MARA, 40450 Shah Alam, Malaysia

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