Key Highlights from PropertyGuru Malaysia Consumer Sentiment Study H1 2024

Title: PropertyGuru Reveals Key Highlights of Malaysia Consumer Sentiment Study H1 2024

PropertyGuru, a leading real estate platform, recently released the key highlights of the Malaysia Consumer Sentiment Study H1 2024. The study, which polled 1,075 respondents across Malaysia, provides valuable insights into the attitudes and preferences of Malaysian property seekers.

According to the study, homeownership aspiration remains strong among Malaysians despite economic uncertainties and rising interest rates. The respondents, who represent a mix of white-collar professionals, businessmen, and individuals from different income brackets, showed a keen interest in property ownership.

In other real estate news, a survey conducted in Hong Kong revealed that almost 57 percent of people living in subdivided flats are uncertain about the new waste tax scheme. The survey prompted authorities to postpone the citywide roll-out of the rubbish levy, citing public concerns and a lack of understanding among residents.

Meanwhile, in Singapore, Deputy Prime Minister and Minister of Finance Lawrence Wong announced changes to the property tax Annual Value (AV) bands for owner-occupied residential properties. Property owners can use a helpful guide from PropertyGuru to calculate their property taxes, as the rates may vary annually.

Overall, the real estate landscape in Malaysia and Singapore continues to evolve, with homeowners and property seekers adapting to changing economic conditions and government policies. Stay tuned for more updates on the property market in the region.

For more information on the Malaysia Consumer Sentiment Study H1 2024 and other real estate news, contact PropertyGuru at [email protected].