KUALA LUMPUR, Aug. 31 -- Four in five Gen Z Malaysians are choosing to buy condominiums or apartments, marking a sharp contrast with older generations who continue to favour landed properties, according to property group Juwai IQI.
The study, based on more than 127,000 transactions since 2018, suggests the generational divide could reshape Malaysia's housing market in the coming decades.
"Gen Z are buying into the skyline, while Millennials and Gen X keep their feet on the ground," Juwai IQI co-founder and group chief executive officer Kashif Ansari said in a statement today.
The data shows that 84 per cent of Gen Z buyers purchase units compared to just 16 per cent who opt for landed homes.
In contrast, Generation X - Malaysians in t...
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