Value-added services like expert advice, financing support, agreements drafting, interior designing, furniture, packing and relocating assistance etc. are being offered by key players along with the basic offerings
Increasing demand for co-working space: Many businesses have started to explore and plan for their long-term office occupation strategy, including workplace strategies and space utilization reviews. This environment does provide opportunities for high quality fitted offices in strategic locations, together with co-working spaces, to be considered as options during the period.
Increasing Demand for Residential Segment: The number of unsold residential constructions in the first quarter of 2021 recorded 376,757 units. Most full-stack property classified players in Malaysia have remained focused on the residential property segment considering the rapid urbanization and increasing demands for properties in the country.
Rapid Population Growth and Increasing Smartphone Penetration: Demographic data affects the real estate market through property-type demand and supply, pricing, migration, and investment. People are moving away from private areas and opting for shared office spaces, hotel stays, and co-living units and others due to increasing rent. 29.0 Mn of the Malaysia’s population use the internet (2021), set to increase by 88.6% by 2026. This widespread digitization of the region alongside the deployment of 5G means Property Classifieds Market startups can seamlessly offer their real estate solutions to the public via mobile devices.
Digitalization: The digitalization of data is facilitating access to mass-market information quickly and cheaply. Due to advances in technology, the times of bulky physical data sheets are over. Instead, everything can be digitally recorded and retrieved online, from public records to office lease data, from market fluctuations to real-time boiler temperatures.
The report titled “Malaysia Property Classifieds Market Outlook to 2026F –Driven by Increasing Internet Penetration and Smartphone Users along with Rise in Virtual Tours” provides a comprehensive analysis of the potential of Property Classified industry in Malaysia. The report covers various aspects including the current real estate scenario and rental rates in Malaysia, revenue generated from Malaysia Property Classified market, its segmentations viz Business Model(Listings and Classifieds and Aggregators and Co-Living), By Rent and Sale, By Region (Penang, Putrajaya, East Region, Cyberjaya Selangor, Johor, Klang Valley, Kuala Lumpur), revenue models, major trends and development, issues and challenges, technological advancements and competition analysis. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.
Key Segments Covered in Malaysia Property Classified Market: -
By Business Model
Listings and Classifieds
Aggregators and Co-Living
By Purpose of the Purchase
Rent
Sales
By Region
Penang
Putrajaya
East Region
Cyberjaya Selangor
Johor
Klang Valley
Kuala Lumpur
Key Target Audience
Property Classified Companies
Real Estate Developers
Brokers
Property Consultants
Industry Experts
Time Period Captured in the Report:
Historical Period: 2015-2021
Forecast Period: 2021-2026F
Companies Covered:
Listings and Classifieds
PropertyGuru
iProperty
RentGuard
Mudah.my
StarProperty
NextProperty
PropSocial
Propflix/PropertyHunter
NextSi
Aggregators and Co-Living
Hatchery Place
Co-Coon
HelloHome
Komune Living
JL Co-living
Utopia
Sleepy Bear
The Bed KLCC
Sama
IdealHub
Key Topics Covered in the Report: -
Overview of Malaysia Property Classified Market
Ecosystem of Major Entities in Malaysia Property Classified Market
Business Cycle and Genesis of Malaysia Property Classified Market
Malaysia Property Classified Market Size, 2015-2021
Malaysia Property Classified Market Segmentations
Competition Analysis: Market Share of Major Listings and Classifieds and Major Aggregators & Co-Living Companies
SWOT Analysis in Malaysia Property Classified Market
Revenue Models in Malaysia Property Classified Industry
Growth Drivers and Restraints in Malaysia Property Classified Market
Technological Advancements in Malaysia Property Classified Market
Impact of COVID19 in Malaysia Property Classified Market
Key Trends in Malaysia Property Classified Market
Outlook and Future Projections for Malaysia Property Classified Market
Future Market Segmentation by Business Model and Revenue Sources
Recommendations / Success Factors
Research Methodology
Appendix
For More Information on the research report, refer to below link: -
Future of Malaysia Property Classifieds Market Outlook
Related Reports by Ken Research: -
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249
