Assessing Factors Contribute to Unclaimed Properties in Selangor--Post-pandemic Scenario
Abstract
Real estate planning is the exertion plan, which must be made to distribute the property owned by the property owner to the beneficiaries when the owner passes away in order to prevent problems or arguments later on. This paper aimed to study the effect between knowledge, heir’s awareness, and complex administration process toward unclaimed properties among residents in Selangor in the context of post-pandemic scenario. This study reviewed the literature of past research of factors that influenced unclaimed properties. The construct variables used in this study were knowledge, awareness, and complex administration process. This study adopts online survey questionnaire to collect 384 valid responses from the residents in Shah Alam, Selangor. These collected data were analyzed using SPSS version 25 and the results were gathered through pearson’s correlation coefficient. The findings revealed all variables were significantly influenced by unclaimed properties. The implication of this study was to focus on smaller sample in Selangor while sample size should give another significant outcome. Government and state authority must come up with mountainous strategies to overcome this issue by imposing several initiatives.
Keywords: faraid, heirs awareness, knowledge, Malaysia, unclaimed properties
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