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Why property trust is not popular in Malaysia / Ahmad Zamzuri Abdul Rashid

The Americans has considered the tremendous growth of property trusts (REITs) over the years as a phenomenon. Whereas, Malaysians are experiencing the emergence of property trust as a recent prodigy. Property trust is a relatively new financial instrument in Malaysia. Although Bank Negara Malaysia a...

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Bibliographic Details
Main Author: Abdul Rashid, Ahmad Zamzuri
Format: Thesis
Language:English
Published: 1996
Subjects:
Trust services. Trust companies
Online Access:https://ir.uitm.edu.my/id/eprint/47300/1/47300.pdf
https://ir.uitm.edu.my/id/eprint/47300/
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spelling my.uitm.ir.473002023-01-11T08:34:07Z https://ir.uitm.edu.my/id/eprint/47300/ Why property trust is not popular in Malaysia / Ahmad Zamzuri Abdul Rashid Abdul Rashid, Ahmad Zamzuri Trust services. Trust companies The Americans has considered the tremendous growth of property trusts (REITs) over the years as a phenomenon. Whereas, Malaysians are experiencing the emergence of property trust as a recent prodigy. Property trust is a relatively new financial instrument in Malaysia. Although Bank Negara Malaysia approved the development of property trusts in October 1986, the first property trust, AMFPT, was only listed at the KLSE three year later on 23 November 1989. This study is on the perpetuating issue of why property trust is not popular in Malaysia. It is aimed to analyse the facts in an attempt to understand the reasons behind the issue. The industry's risk, return and performance are the major areas of the study. They were gauged and compared against other investment vehicles. This study concentrates on the usage of Beta coefficient, standard deviation, variance and other approach to determine the position of risk incurred by the proposed industry. The performance measure for the five years performance used in this study are the Treynor's, Sharpe's and Jensen's measure. The major evidence drawn from this study showed that despite of its high beta coefficient and underperformed the market performance, there is a strong relationship between the industry and the market return. The industry requires a gestation period before the market pays serious attention to them. There is definitely more room for further growth and by the continuos monitoring and evaluation by the Securities Commission and Bank Negara Malaysia with the support from the growing capital market, the industry will continue to grow and prosper in the future. 1996 Thesis NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/47300/1/47300.pdf Why property trust is not popular in Malaysia / Ahmad Zamzuri Abdul Rashid. (1996) Degree thesis, thesis, Institut Teknologi MARA (ITM).
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Trust services. Trust companies
spellingShingle Trust services. Trust companies
Abdul Rashid, Ahmad Zamzuri
Why property trust is not popular in Malaysia / Ahmad Zamzuri Abdul Rashid
description The Americans has considered the tremendous growth of property trusts (REITs) over the years as a phenomenon. Whereas, Malaysians are experiencing the emergence of property trust as a recent prodigy. Property trust is a relatively new financial instrument in Malaysia. Although Bank Negara Malaysia approved the development of property trusts in October 1986, the first property trust, AMFPT, was only listed at the KLSE three year later on 23 November 1989. This study is on the perpetuating issue of why property trust is not popular in Malaysia. It is aimed to analyse the facts in an attempt to understand the reasons behind the issue. The industry's risk, return and performance are the major areas of the study. They were gauged and compared against other investment vehicles. This study concentrates on the usage of Beta coefficient, standard deviation, variance and other approach to determine the position of risk incurred by the proposed industry. The performance measure for the five years performance used in this study are the Treynor's, Sharpe's and Jensen's measure. The major evidence drawn from this study showed that despite of its high beta coefficient and underperformed the market performance, there is a strong relationship between the industry and the market return. The industry requires a gestation period before the market pays serious attention to them. There is definitely more room for further growth and by the continuos monitoring and evaluation by the Securities Commission and Bank Negara Malaysia with the support from the growing capital market, the industry will continue to grow and prosper in the future.
format Thesis
author Abdul Rashid, Ahmad Zamzuri
author_facet Abdul Rashid, Ahmad Zamzuri
author_sort Abdul Rashid, Ahmad Zamzuri
title Why property trust is not popular in Malaysia / Ahmad Zamzuri Abdul Rashid
title_short Why property trust is not popular in Malaysia / Ahmad Zamzuri Abdul Rashid
title_full Why property trust is not popular in Malaysia / Ahmad Zamzuri Abdul Rashid
title_fullStr Why property trust is not popular in Malaysia / Ahmad Zamzuri Abdul Rashid
title_full_unstemmed Why property trust is not popular in Malaysia / Ahmad Zamzuri Abdul Rashid
title_sort why property trust is not popular in malaysia / ahmad zamzuri abdul rashid
publishDate 1996
url https://ir.uitm.edu.my/id/eprint/47300/1/47300.pdf
https://ir.uitm.edu.my/id/eprint/47300/
_version_ 1755875989987000320
score 13.211869

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