Risks of Abandonment in Residential Projects Caused by Subcontractors

Implementation housing policies for new homebuyer had triggered construction activities and demands in residential projects. However, many residential projects were either uncompleted or abandoned. The abandonment in residential construction projects was seriously concerned by government. The study investigated the risks of abandonment in residential construction projects which were caused by subcontractors. The surveyed was collated through reviewing of existing literatures, personal interview and questionnaire which data were formed. The questionnaires were sent out with the return rate of 74.15%. The quantitative method was introduced to obtain data for analysis. The data gathered included in the main six categories of the research. The results showed that delays in interim payments, financial difficulties faced by the owner, fmancial difficulties faced by the contractor, incompetent contractors or subcontractors, instability in politics were the most important factor which caused abandonment in construction residential projects. The research suggested that owners and contractors need for strengthening on selection of merit subcontractor. It helped to minimise and mitigate these identified risks factor caused abandonment in residential construction project. (C) 2017 The Authors. Published by Elsevier B.V.