Challenges on implementing the fixing and flipping terrace houses in Kuala Lumpur / Nur Anith Rosu
As the world getting modern, houses nowadays were purchased for the profit intent or investment and not primarily used as an accommodation for dwelling. Thus, fixing and flipping real estate investment is also part of property investment. It is the practice of purchasing real estate with the intenti...
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| Format: | Thesis |
| Language: | English |
| Published: |
2023
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/92425/1/92425.pdf |
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| Summary: | As the world getting modern, houses nowadays were purchased for the profit intent or investment and not primarily used as an accommodation for dwelling. Thus, fixing and flipping real estate investment is also part of property investment. It is the practice of purchasing real estate with the intention of reselling it sooner and for a higher price. Commonly, older, smaller and/or abandon or damage properties called as 'rumah busuk' in Malaysia are used in fix-and-flip investments. However, the issue with this investment is causing fluctuation in the property market, poor policy, promote illegal activities and others. Aim of this research is to understand the background and concept of fixing and flipping in housing sectors and to establish the main challenges of implementing the fixing and flipping real estate investment. Furthermore, the objective is to determine the understanding of Registered Negotiator (REN) on fixing and flipping concept in real estate investment, to analyze the challenges on implementing fixing and flipping terrace houses in Kuala Lumpur and lastly, to determine the benefit of fixing and flipping real estate investment. Therefore, to derive on finding, a quantitative method being adopted using an online questionnaire form as an instrument. |
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