In December last year, many of you participated in iProperty.com Asia Property Market Sentiment Survey, which resulted in this Report. We thank you for making this Report so great, filled with insights that we’re sure will help you make better property decisions – here and overseas.
As the first regional online property survey of its kind, the iProperty.com Asia Property Market Report comprises of 7,720 responses from website visitors and subscribers of iProperty Group networks in Singapore, Malaysia, Indonesia and Hong Kong. The survey revealed a common thread amongst property buyers throughout the region, but also key country-specific findings.
“85.6% of respondents in Singapore deemed affordability and rising housing prices as the top 2 issues in the property market.”
“42.2% of Singaporean users in the survey showed interest in overseas property,citing Malaysia and Australia as their most preferred overseas locations.”
“Over half (51.7%) of Singapore buyers has a budget of between SGD 500,000 to SGD 1 million.”
” Two-thirds (66.4%) felts that the Singapore property market is holding up well despite the threat of a global recession.”
” 58.3% agreed that the government should step in to control COV on HDB flats.”