now a lot of projects targeting baby boomers who retiring soon.

KUALA LUMPUR: Malaysian citizens should prepare early, as the country is expected to reach ageing population status by 2030.

Institute of Islamic Understanding Malaysia (IKIM) director-general Datuk Nik Mustapha Nik Hassan said among others, the things that they needed to do were to start saving at a young age and learn to plan life for when they would get old, as well as take measures to strengthen the family institution.

"According to the UN's (United Nations) projections, the country will achieve the status (ageing country) in 2030," he said.

Nik Mustapha was giving the opening speech for a roundtable discussion on the seminar - "Realities of an Ageing Society: Causes and Challenges in Malaysia" at the Dewan Besar IKIM here today.

He explained that a country achieved the status of an aging nation when 15% of its population consisted of those aged 60 years and above. The elderly or senior citizens are those aged 60 years and above, according to the definition outlined by the National Policy for the Elderly.

http://www.thesundaily.my/news/1357641



This post has been edited by icemanfx: Apr 23 2016, 04:47 PM

Agree on the above because the terminology of ageing population is based of % of ppl aged 60 yrs & above in a society. Pls note that we are still enjoying population growth of more than 2% per annum. Life expectancy increases with better healthcare. Old ppl & the influx of young adults need places to stay too. For housing demand, I think it's more appropriate to take reference on population growth, Japan is currently having -ve growth, we are still +ve.

Right, old houses will eventually be demolished. Generally speaking, a human life expectancy is longer than a house. Nowadays, old & young ppl also need new type of prop with the changing trend in life style.

I guess our population grows slowly at sub 2.0% now in line with smaller household size

Lol, right, my stat not inline with the official figure. Perhaps i made my own stat by including the foreign workers

LOL... undisclosed figures

Frankly speaking, am more worried of the impact on housing demand due to changing economy, which is more difficult to predict. We know housing demand basically comes from 2 sources: own stay or investment. Population growth although is one of the factors affecting housing demand, the trend is easily predictable, unless there are sudden catastrophic events, e.g. war, pandemic, natural disaster, etc.

1. Go to http://www.theedgeproperty.com.my/
2. Click on "Edge Reference Price" tab
3. There'll be a pull down menu for "Condominium" or "Landed" - choose the one you want.
4. For Condominiums, enter the project name eg. "Pantai HillPark 1" then enter the unit size (which is required as a minimum)

You should get results as here:
http://www.theedgeproperty.com.my/analytic...type=&type=Sale

I don't use the landed option, maybe someone else here can help but it should work the same way.

As for Brickz, it's a little simpler:
1. Go to http://www.brickz.my/
2. Enter the project name (you need to wait for the search bar to show the project name) then enter.

For the same example project (Pantai Hillpark, not sure why it doesn't have Pantai Hillpark 1), you should get the results as shown here:
http://www.brickz.my/transactions/resident...ark/non-landed/

Economy has its cycles. No matter what the demand for housing lies on population. All needs roof to cover their heads; just either they own the roof or rent the roof. No change for for those in advanced economic countries such as US, Japan, and China. Overall, ours still manageable.

Between 2011 and 2014, many bought to flip. It seems many ignored hoarding by flippers that have impact on subsale supply.

with family getting smaller in the long term, i really doubt those big houses launched recently will be in high demand in future, whether for sale or rental, those landed with nice parks or gardens is quite attractive to retirees but being old, big houses can be quite hard to maintain, some retirees would rather stay in a studio

It depends.

New projects offer low entry cost although at higher psf compared to existing one. Beginners and investors love it.

Sub sale is slow but once the location and overall development is well managed and well maintain, there are still market for it.

Location still play as one of the important factors.

Now new landed come with dual key concept. ;@

Wow, this is new to me? which project got such thing?

Below are links to the websites, directly to the map...but 1 website newly found but without map
1) http://www.propertypricetag.com/home?searc...text=Casa+Kiara
2) http://propertysia.my/index.php?page=searc...itle=Casa+Kiara - too many data..a bit messy..
3) http://www.propertytransactedprice.com - text only but fast enough, same like brickz..same source?? currently only stratified properties..

I think there are many similar websites coming out very soon..

Thx for the links and guidance to access them.
Cantik!

Thank you very much for the links....
Really appreciate it.
Looking for more links in future....

very informative. Have been using theedge and brickz for a while. No doubt some of the information is not 100% up-to-date but it is good enough for buyers to get some idea of the transacted price. Nonetheless, if we are talking about completed property, bank valuation is still required.

[quote=newbiefinder,Apr 28 2016, 11:40 PM]
Below are links to the websites, directly to the map...but 1 website newly found but without map
1) http://www.propertypricetag.com/home?searc...text=Casa+Kiara
2) http://propertysia.my/index.php?page=searc...itle=Casa+Kiara - too many data..a bit messy..
3) http://www.propertytransactedprice.com - text only but fast enough, same like brickz..same source?? currently only stratified properties..

I think there are many similar websites coming out very soon..

[/quote

I personally like the feature i.e most-probably-psf by propertytransactedprice.com

The most-probable-psf is a nice feature.. ..+freehold and leasehold...👍

This post has been edited by newbiefinder: May 2 2016, 10:22 PM