Ipropertyasiasentimentfindingsh2 Malaysia 120914013111 Phpapp01

7/30/2019 Ipropertyasiasentimentfindingsh2 Malaysia 120914013111 Phpapp01

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ASIA PROPERTY MARKET SENTIMENT

REPORT (H2) 2012Presented by Shaun Di Gregorio

CEO, iProperty Group11th September 2012


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Survey MethodologyObjective To examine consumer sentiments in the

four key markets we serve Malaysia,

Hong Kong, Indonesia and Singapore.

To provide valuable insights to help

consumers gauge the sentiments of the

property market

Duration 1st July

31st July 2012

Sample Size 25,754 survey respondents in total

11,966 survey respondents in Malaysia

9,805 survey respondents in Indonesia

1,000 survey respondents in Hong Kong2,983 survey respondents in Singapore

Research Instrument Online survey survey respondents were

provided with links to obtain more

information on specific questions.


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THE FINDINGS

AN ASIANOVERVIEW


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The Findings An Asian Overview


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THE MALAYSIAN FRONT -CONTINUES TO BE A BUYER FRIENDLY

ENVIRONMENT


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Malaysia A Buyer Friendly Environment

The largest segment of the group was the 31 35 age group. Just over half(56%)

of people answering the survey reported an annual household income of

MYR 80,000 or less and 44% earning above MYR 80,000.


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34% considered themselves Property Buyers, while 26% identified themselves

as Property Owners. Another 20% were investors. This can be partly explainedby the low barriers to property ownership and the healthy property price

growth in the country.


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A surprising 43% owned two or more properties, a higher proportion than in

any other country.

Singapore 29%

own 2 or more

properties

Indonesia 12%

own 2 or more

properties

Hong Kong

14% own 2 or

more

properties


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With 60% of survey respondents intending to buy property within the year, 70% had

a budget under MYR 500,000. Landed property was the most popular type ofproperty, drawing the interest of73% of survey respondents. Survey respondents

across the four countries have stayed in their current premises for less than 5 years

indicating that they aspire to upgrade their living conditions.

60% want to buy within

the year with themotivation to own their

own property

70% had a budget of

under MYR500,000

73% wants landed

property

56% have stayed in their

current premises

between 0 5 years


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Rental Yield

5.94/10

Factors ofconsideration

when buying

property

7.84/108.15/10

6.15/10

5.24/10

Developer

4.60/10

3.03/10

Family &

Friends

3.04/10


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Trends of Most Popular Areas in Malaysia from April 2012 July 2012

On the iProperty.com Malaysia website, it can be seen that the top 4 popular searchareas were Bangsar, Puchong, Cheras and Petaling Jaya.

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

July

June

May

April


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OVERSEAS MARKET

CAUTIOUS


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Overseas Market Cautious


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SENTIMENTS

CONCERNED OVERRISING HOUSE PRICES


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Sentiments Concerned over Rising House Prices

85% are concerned

about affordability

and rising house

prices

56% are concerned

errant developers

and building quality

52% considered the

current economic andpolitical climate to be

conducive to property

investment


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On Loan-To-Value, Real Property Gains Tax and

Amendments to the Housing Development Act 1966

54% believed that

the loan-t0-value

mortgage cap will

moderate

speculative activity

in the market.

A divided response

from respondents that

the Real Property

Gains Tax has curbed

speculation.

42% said yes and 42%

said no with 17%

unsure about themove.

47% were supportive of the

new amendments to theHousing Development Act

1966.


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49% did not believe that My First HomeScheme helped first time home buyers

compared to 33% of respondents last

year.

51% believed that more should be

done to protect property buyers.

On My First Home Scheme and

Laws to Protect Home Buyers


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BUDGET 2013

WHAT MALAYSIANSWANT


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Better

Housing

Schemes

Tax deductions

on housing loans

Lower

Interest Rates

Better PublicTransportation

In Housing Areas

StricterGuidelines on

Property Price

Increase

StricterGuidelines on

Errant

Developers

61% 60% 58%

55% 54% 53%


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CONCLUSION


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Conclusion

The Malaysian property market continues to be

friendly for property buyers.

The Malaysian real estate in in tandem with the

continued growth in the economy.

Buyers are more keen on investing in propertiesunder MYR500,000 as majority young working

respondents who are eager to buy.

Affordability and rising house prices continue toremain high concern.

Ipropertyasiasentimentfindingsh2 Malaysia 120914013111 Phpapp01

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