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 their late 40s and 50s — still lean towards terraces, duplexes and other landed homes, although 75 per cent of their purchases are also units.

Boomers, aged 60 to 80, are more likely than Gen X or Millennials to downsize into condominiums for easier upkeep, while the oldest group — those above 80 — overwhelmingly buy units, accounting for 93 per cent of transactions.

Kashif said the preferences reflect life stages and urban lifestyles. Younger buyers often want homes close to workplaces, transport and amenities, while families in their 30s to 50s prioritise space.

“Gen Z, who are nearly nine million strong, will drive demand in the housing market for the next 20 years as they upgrade to larger units or landed homes. Their choices will shape how our cities and suburbs grow,” he said.

Despite the trend, landed properties still make up the majority of Malaysia’s housing stock and transactions. In 2024, 69 per cent of homes were landed, compared to 31 per cent high-rise units, according to National Property Information Centre data cited in the report.

Kashif noted that affordability is a key factor. Monthly expenses for high-rise homes are estimated to be RM200 lower than for a terrace house and RM1,200 lower than for a detached home, on average.

“Every generation has its preferences, and by recognising and responding to them, Malaysia can continue to provide homes that meet the needs of all its people,” he said.

Source: MalayMail.com

Seri Saujana – Phase 6 & 7, also known as Inara, is the final phase of the Taman Seri Saujana development in Bukit Panchor. It is located near Persiaran Seri Saujana, less than 5km from the Jawi Toll Plaza and about a 5-minute walk from SMK Tunku Abdul Rahman. The surrounding area already has basic essential amenities in place and is recognized as a planned residential settlement.

These phases comprises 32 double-storey semi-detached houses and 42 double-storey terrace houses. Each unit features a practical layout with four bedrooms and a car porch that can accommodate at least two cars.

Project Name: Seri Saujana – Phase 6 & 7
Location: Bukit Panchor, Nibong Tebal
Property Type : Landed residential
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Total Units: 42 (terrace), 32 (semi-detached)
Tenure: (to be confirmed)
Indicative Price: (to be confirmed)
Developer: JKP Sdn. Bhd.

About Eden at Botanica CT

Eden at Botanica CT is Penang’s First Integrated Senior Living Resort, situated near the town centre of Balik Pulau, which is at the Southwest of Penang Island and located 17 km away from the Penang International Airport.

Nestled within the 300-acre Botanica.CT garden township which already features terrace homes, semi-detached homes, bungalows, Botanica CT Centre, and the award-winning Prince of Wales Island International School. Eden at Botanica CT is set to enhance the township’s vision of a self-sustaining, vibrant community. Future developments, including Selgate Specialist Hospital Pulau Pinang and a Wetland Park, will further enrich the living experience. Eden at Botanica CT is set to enhance the township’s vision of a self-sustaining, vibrant community. Upcoming developments, including private healthcare-Selgate Specialist Hospital Pulau Pinang, a Wetland Park will further enrich the community.

Eden at Botanica CT is an Integrated Senior Living Resort that comprises of two components that complement each other – the Active Living Resort and the MOH  Licensed Care Residence providing professional licensed nursing care services. The Active Living Resort consists of two blocks of 350 residential units. Current progress, the piling works have been successfully completed and  foundation works are currently in progress on-site.

For further enquiries, please contact Eden at Botanica CT at 

017-311 2699 or 04-866 2399

Visit the Show Gallery at:
Eden at Botanica CT Show Gallery 
No.32-32A, Jalan Sungai Air Putih,
11000, Balik Pulau, Penang.

Source: Google Street View

The long-awaited redevelopment of the Bukit Mertajam town market has moved forward with piling work for a multi-storey car park along Jalan Pegawai scheduled to begin today.

Seberang Perai City Council (MBSP) councillor Bernard Cheen Goon Hooi said the car park, located next to the existing market, will serve as a temporary trading space for over 300 traders during the construction of the new market. Traders are expected to relocate by July next year, with the full project targeted for completion by July 2027.

Originally planned as a two-storey market, the design was revised to a single-storey structure following feedback from traders, who feared reduced customer traffic on the upper floor. “We listened to the traders’ concerns and made adjustments to ensure the new market benefits everyone,” Cheen explained.

The existing market, built in 1967, has long struggled with ageing infrastructure. Calls for redevelopment intensified after a fire in 2014 damaged the section known as the “Pasar Rooftop.” In 2023, Housing and Local Government Minister Nga Kor Ming confirmed RM24 million in funding to modernise the facility.

The redevelopment plan includes a permanent new market, a temporary trading area, the multi-storey car park, upgraded public facilities, and a community centre within the market grounds.

To ensure the best design, MBSP and the Northern Chapter of the Malaysian Institute of Architects (PAM) launched a nationwide competition, which attracted 75 entries.

Once completed, the project is expected to revitalise Bukit Mertajam’s historic trading hub, offering traders and visitors a safer, more modern, and community-friendly environment.

About Ari Altitude

An affordable condominium project by PTL Alpha Sdn. Bhd., a subsidiary of PTL Properties Sdn. Bhd., located in the well-established township of Alma, Bukit Mertajam. Situated along Jalan Santuari 3, less than 5 minutes drive from Lotus’s and AEON Mall via Jalan Rozhan and approximately 15 minutes from both Penang’s first and second bridges. It features 500 residential units, each with a built-up size of 950 sq. ft.

Find out more about Ari Altitude