“Malaysians spend longer time viewing property than they do keeping fit at the gym, reading books, or reading and watching the news,” said country head for retail banking and wealth management Tara Latini.
“More than 26% of these Malaysian extreme property addicts spend between 7 and 9 hours searching for properties online,” she said. “Globally, 19% of these property addicts have delayed having a child to get on the property ladder, twice the average person. “The rest of the 50% Malaysian property addicts have delayed having a baby by less than two years to get on the property ladder,” she said.
“Buying a property is often the biggest and most significant purchase we make but some home buyers may be taking their passion for the perfect home too far,” Latini said.
Source: Real Estate Daily Report (realestatedailyreport.net)
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