iProperty.com Asia Property Market Sentiment Report 2016 (H1)

iProperty.com Asia Property Market Sentiment Report 2016 (H1)

The 9th Asia Property Market Sentiment Report revealed consumers’ sentiments for the first half of 2016. The survey was conducted from 7th December 2015 – 7th January 2016 across our market-leading network of property portals in Malaysia (iProperty.com.my), Indonesia (Rumah123.com and rumahdanproperti.com), Hong Kong (GoHome.com.hk) and Singapore (iProperty.com.sg) and polled close to 13,000 respondents.

Key Findings in Malaysia:

  • Most respondents feel that it is a good time to buy properties but are concerned about affordability and rising property prices.
  • Majority of respondents are still paying mortgages which have more than 20 years left for the property that they currently live in.
  • Respondents’ main motivations to purchase a property are for long-term investment, rental income and affordability of homes.
  • Despite the many housing programmes tabled in Budget 2016, respondents feel that more could be done to cater for the growing need for affordable homes in the country.

 

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