PERFORMANCE AND CHALLENGES OF COOPERATIVES IN HOUSING ACTIVITIES IN MALAYSIA
Publication Date : 01/07/2014
Housing development is a high cost investment that inﬂuences the performance of a cooperative. It is noted however, that Malaysia’s cooperatives do not venture into housing development that much in spite of the fact that their main vision and mission include providing members with houses at affordable prices. Consequently, this study seeks to evaluate the performance of cooperatives involved in housing projects and identify the challenges faced by those keen to venture into this business. Data were obtained from interviews and survey questionnaire with board members of cooperatives that are involved in housing development. The results show that there is still a dearth of cooperatives venturing into the housing sector in the country, and that those currently involved in the business are facing myriad of challenges. These challenges are with respect to planning and implementation, funding and management or administration associated with housing development. It is proposed that further research be carried out with an objective to establish a guideline for cooperatives going into housing development and identify what the government can do to help achieve the National Cooperative Policy.
Keywords: Housing cooperatives, performance, challenges
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