Property Hunter Magazine Property Hunter Magazine Issue 53 - April 2014 | Page 51

58% of the visitors prefer to make investments between the price range of RM201,000 to RM500,000. These statistic shows that there is a high demand of affordable housing as (based on their income level) most of the visitors are not capable of servicing bank loans for properties above RM500,000. Hence, approximately 70% of the visitors think that both residential and commercial property prices in Malaysia are too expensive and beyond their means. 43% of visitors think that the real estate climate has become positive in the last six months and more than 60% of the visitors are worried that the prices of properties will increase across the board in the next six months. However, 33% of them believe that Sabah will be the next hotspot in the country. Currently 67% of the visitors live in landed properties and the remaining 33% live in high rise condominiums and apartments. When asked what they look for when wanting to invest in a new property, 21% said location, 15% said safety and security and 10% said good infrastructure and amenities. www.PropertyHunter.com.my 51