COVID 19 Impact on Malaysia Property Classified Market: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now How Is Property Classified Market Positioned in Malaysia? Malaysia, with a population of 32.7 Mn in 2021 and being the 2nd largest economy in Southeast Asia region, Malaysia real estate is experiencing a digital wave sweeping across its value chain, disrupting how buyers and sellers interact with one another. Consumers are not just bound to explore the buying/ renting options through digital platforms but are interested in other residential services as well. Before the pandemic began, buying or renting a home was virtually unimaginable; it acted as a catalyst for people to explore ways to expand digital business platforms Overall, there is an increased interest in using online platforms to buy/rent a home. Additionally, the current pandemic has presented consumers as well as developers with a unique opportunity to put their trust in digital platforms. Malaysia is the emerging market for Property Classified in ASEAN contributing $~ Mn revenue in 2021 and growing at CAGR of 21.8 % during 2015-2020. Most full-stack Property Classified players in Malaysia have remained focused on the low-rise residential property segment considering the burgeoning housing shortage, rapid urbanization and urban migration trends. A number of developers are offering extended payment terms, lighter down payment schemes, and waived reservation fees with a limited time offers, which financially prepared buyers should take advantage of. However, the industry is highly vulnerable to fraud due to its complex nature, reliance on technology, and interaction between stakeholders and third parties. Malaysia Property Classifieds Market Malaysia Property Classified Market Segmentation By Business Model: Revenue Via Listings and Classifieds generated highest revenue due to increased user base. Majority of the property classified ad marketplaces provide the main services at free of cost so that the users can buy/rent properties and the sellers can list their properties for free. A growing millennial workforce, fast evolving consumer trends and untapped demand potential in the market are real draw cards for start-ups and developers looking to enter the Aggregators and Co-Living market. By Purpose of Purchase: % of Transactions were carried out via Renting of Properties with ~% of the property transactions being the new development and ~% buying/renting the same for investment purposes. The advertisement-based revenue model is gaining traction and is often used by websites/applications/marketplaces that attracts huge amounts of traffic. Revenue is generated by selling ad space and it is one of the most standard methods of gaining revenue. By Type of Region: Klang Valley leads the Malaysia Property Classified Market with the market share of ~% in terms of revenue due to a high concentration of commercial and recreational activities. Properties are benefitting from the confluence of demand from various buyer groups, including foreigners looking for a good buy, Malaysia investors, owner-occupiers who want to live closer to the city, as well as a sizeable pool of budget-conscious tenants who might be priced out of the prime rental market in the city centre. The conurbation is the heartland of Malaysia’s industry and commerce and has one of the highest properties in Malaysia. The number of vacant office spaces in the Klang Valley grew at an alarming rate throughout, surpassing 150 million square feet despite a slowing appetite for businesses to expand. This paves the way for classified companies, thereby increasing revenue. Malaysia Property Classified Market Competition Table: Proportion of Business Segments in Revenue, 2019-2024E Company / Parameter 2019 2024E Insurance ~ ~ Banking (Loans & Bank Accounts) ~ ~ Others ~ ~ Total ~ ~ Ken Research analyses the high potential for scaling up the aggregator model to peer GCC countries and recommends certain measures to ensure sustainable growth of the platform. Aggregators must also up-ante their technology stack capable of satisfying customer directly from the platform and predict customer’s future buying decisions. The market is moderately concentrated for listings and classifieds companies with major players including PropertyGuru, iProperty, RentGuard, Mudah.my, StarPropertyetc. The market is fragmented market for aggregators & co-living companies with top players namely Hatchery Place, Co-Coon, HelloHome Komune Living, JL Co-living, Utopia holding more than ~% market share in terms of revenue. Players are competing on the basis of Commission Charged, Number of Listings, Locations Covered, Detailed Comparisons, User Interface & Technology and Value-Added Services. Factors such as expensive rentals, fixed one- to two-year tenancy contracts and the hassle of dealing with intermediaries, have driven the growth of co-living concepts in Malaysia. Malaysia Property Classified Market Future Outlook And Projections Malaysia Property Classified Market is expected to grow at a massive rate of 33% CAGR during 2020-2026 providing a lucrative opportunity for Property Classified investors. Technology has been increasingly becoming an attractive asset for landlords, potential real estate investors and tenants looking for an efficient and secure opportunity in the Commercial Real Estate segment (CRE). This presents a lucrative opportunity for Property Classified investors to witness high returns on their investment. The real estate digital classifieds space is still in the early stages of growth and the listings are dominated by builders and brokers. Further, with newer technology-based services such as 360-degree view, listing convenience, subscription management etc., and the focus is likely to be on educating individual users. Therefore, the advertisements are more likely to be focused on the individuals on both the buying and selling side, which could help reduce the resistance of online real estate tractions by individual users. 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: – UAE Real Estate Market Outlook To 2025 – By Office Real Estate Market (Premium, Grade A And Grade B); By Retail Real Estate Market (Super-Regional Malls, Regional Malls, Community Centers, Neighborhood Center And Convenience Center); By Residential Real Estate Market (Apartment And Villas) And By Hotel Real Estate Market (1-3 Star, 4 Star, 5 Star And Hotel-Apartments) Vietnam Online Classifieds Market Outlook To 2023 – By Horizontal And Vertical Classifieds, By Source Of Revenue (Listings And Advertising), By Verticals (Automobile, Properties And Recruitment) Philippines Online Classifieds Market Outlook to 2021 – Growing Real Estate Market & Demand for Used Cars to Gain Traction in Future Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Tags: COVID 19 Impact on Real Estate Market Malaysia, End User Malaysia Property Classifieds Market, Listings and Classifieds Market Share Malaysia, Malaysia Aggregators and Co-Living Market, Malaysia Classifieds Property Industry, Malaysia Classifieds Property Market, Malaysia Co-Living Market Share, Malaysia Industry Experts Market, Malaysia Listings and Classifieds Market, Malaysia Property and Real Estate Market, Malaysia Property Classified Major Companies, Malaysia Property Classifieds Aggregators Market, Malaysia Property Classifieds Industry, Malaysia Property Classifieds Industry Research Report, Malaysia Property Classifieds Market, Malaysia Property Classifieds Market Analysis, Malaysia Property Classifieds Market Business Model, Malaysia Property Classifieds Market Future Outlook, Malaysia Property Classifieds Market Growth Rate, Malaysia Property Classifieds Market Research Report, Malaysia Property Classifieds Market Revenue, Malaysia Property Classifieds Market Revenue Models, Malaysia Property Classifieds Market Segmentation, Malaysia Property Classifieds Market Share, Malaysia Property Classifieds Market Size, Malaysia Property Consultants Market, Malaysia Property Industry, Malaysia Property Market, Malaysia Property on Rent Market, Malaysia Property on Sales Market, Malaysia Real Estate Developers, Property Classifieds Industry in Malaysia, Property Classifieds Market in Malaysia, Property Classifieds Market Size Malaysia, Property Hub Malaysia Market Share, Real Estate Classified Market Malaysia, Rental Rates of Condominiums and Serviced Apartment in Malaysia, Residential Property Sale Prices in Malaysia