UNSOLD HOUSES IN MALAYSIA: THE KEDAH EXPERIENCE

As Government planning and policy greatly influence the state of Malaysian housing industry, a proactive should always be mindful its citizens’ needs for house ownership. However, meeting Government’s targets requires full support from private sector, because no in world can provide to all citizens on own. Therefore, collaboration between sector is crucial, where both parties need work together order maintain industry right track. It unfortunate that issue unsold residential properties has plagued Malaysia’s long time – problem not seen any sign decline year year. The properties' complicated by Bumiputera (Indigenous) lots - only sold or leased Bumiputeras, namely Malays, Indigenous people, Sabahans Sarawakians. State Kedah, located northern part Malaysia, spared facing this issue, number houses are high. This study analyses with aim finding best solution problem. In achieve objective, employs institutional economics analysis based formal institutions written rules. other words, perspectives whereby underpinning approaches analysed informal Elite Group Interview technique was used data collection three districts Kuala Muda, Baling Kulim. These were selected due high volume properties. Eight respondents who had more than 25 years experience property participated study. collected four (4) themes, comprising laws, rent-to-own, reducing prices, taxes vacant houses. Finally, since qualitative data, explained descriptively. showed applied research identifying alternatives overcome Kedah. also reveals rent-to-own method agreed issue. By adopting method, government prevent release quota land ownership among indigenous people.