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Are Malaysian properties affordable?
Jun 14, 2012
By Widya Sharkawi
Voicing your sentiments can lead to you winning a Belkin router or the new iPad by Apple!
Launched yesterday (13th June 2012), PropertyGuru's Q2 Malaysia Property Sentiment Survey 2012 follows through with its quarterly efforts to garner opinions of the general public on property issues, trends and purchase intentions.
Topics examined in this quarter pertain to the government's potential move of raising the minimum threshold price of residential properties for foreigners as well as expectations of future residential hotspots in Malaysia.
Via its last quarterly sentiment survey, PropertyGuru revealed Johor Bahru and George Town as prime real estate picks for future property hotspots. Country Manager at PropertyGuru, John Paul Sta Maria explained that this was "respectively attributable to the booming developments in view of the Iskandar Malaysia region and the increase of high-end property around the capital of Penang."
He added, "A multitude of housing policies are promoting affordable opportunities for first-time homeowners. These policies are expected to boost property demand, which will in turn, increase property prices."
PropertyGuru's Malaysia Property Sentiment Surveys are conducted by the expert in-house research team at PropertyGuru as well as specialist independent research consultants conducted the survey.
Click here to participate in this quarter's Malaysia Property Sentiment Survey for 2012.