According to PropertyGuru’s Malaysia Property Market Sentiment Survey Report H1 2016, the years 2014 and 2015 were not favourable for the real estate industry in Malaysia and the industry experts have a mixed feeling towards the market at the moment.
However, this year, things are expected to improve as people are warming up to the idea of purchasing properties.
In Malaysia, there are an overwhelming number of new home owners. According to the survey, among the top 5 reasons on why people invest in properties are to get higher yields on rentals (56%), for good capital appreciation (55%), for retirement planning (46%), for a better environment (46%) and to own a house due to affordable pricing (36%).
Image Souce:- PropertyGuru Malaysia