By Alang Bendahara
KUALA LUMPUR, June 16 — The introduction of the work-from-home (WFH) concept during and throughout the Covid-19 pandemic has influenced new house buyers’ decisions.
PropertyGuru Malaysia (PropertyGuru.com.my and iProperty.com.my) country manager Shylendra A S Nathan said the company, which is the market-leading property portal, has observed a shift in the latest buying trends since the pandemic began.
“Nowadays, a lot of companies are implementing hybrid working environments, maybe a couple of days of working from home. Based on our consumer sentiment survey, we are seeing a demand for properties outside the cities.
“Not only that, we are also seeing a demand for bigger property with a kind of home-office space requirement and also sustainable living such as green living. So the property seekers’ demand in this post-Covid-19 era is changing,” he said after a iProperty.com.my media briefing titled Addressing Common Property Research Issues earlier today.
Shylendra added that on the commercial side it is not yet clear what the impact of hybrid working arrangements will have on buildings’ occupancy rate, as many owners are still figuring out how things will develop in the coming future.
Meanwhile, iProperty.com Malaysia Sdn Bhd director (Malaysia Product) Shah Rubhen said property buyers and sellers should take advantage of the recently launched iProperty’s Transactions Section on their website, which offers the most accurate and comprehensive property data available.
“Purchasing or selling a property is a huge commitment that requires proper research and due diligence — and transaction data plays a key part in this research.
“Accurate transaction data not only provides consumers with a gauge on the right price to buy or sell, but it also empowers consumers to become more confident when negotiating with property agents, buyers, or sellers,” he said.
The iProperty Transactions Section provides the latest, accurate transaction data for Malaysia’s subsale residential, commercial, industrial, and agricultural properties. It is designed to bolster consumers’ research process and help them make informed decisions when buying or selling a property.
It is powered by brickz.my, which allows consumers to instantly see a particular property’s latest 12-month transaction data — where the data can be filtered down by its built-up size, property type, median price, the median price per square feet and property tenure.
In addition, iProperty Transactions Section allows home sellers to analyse market trends and historical transaction data to solidify their decisions.
“More importantly, these data points are available on one convenient platform, allowing consumers to conduct property research quickly and effectively,” said Rubhen.
