MILLENNIAL HOMEOWNERSHIP

NATASHA GIDEON
Z E R I N P R O P E R T I E S

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ABOUT
ME
- GRADUATED UITM WITH A BACHELORS DEGREE (HONS) IN
BIOMOLECULAR SCIENCE.
- WORKED AS A PROPERTY JOURNALIST IN PROPERTY INSIGHT 2015-
2016
- STARTED WORKING AS A FULL-TIME REAL ESTATE NEGOTIATOR IN
ZERIN PROPERTIES SINCE 2016 – PRESENT.

FULL TIME REAL ESTATE NEGOTIATOR

MOSTLY CATER TO FIRST-TIME HOMEBUYERS, MAJORITY
ARE MILLENNIALS.

@MARIEJUALKONDO
STARTED AN ONLINE PERSONA, ASSIST HOMEBUYERS IN
GETTING TO KNOW THE PROCESSES OF HOMEBUYING
AND HOMEOWNERSHIP etc

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 WHO ARE MILLENNIALS?
- Those born between 1981 – 1996, meaning there are millennials as old as 38
and the youngest are 23.
- Grew up between the rise of the Information Age.
- Range between graduates, newly earning youths, to those coming to their 40s,
with families.

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REAL ESTATE WOES FOR THE MILLENNIAL
DOWNPAYMENT
NOT ENOUGH CASH IN HAND
FOR DOWNPAYMENT + LEGAL
FEES ETC

LACK OF KNOWLEDGE LOCATIONS

NOT MANY ARE AWARE OF THE AFFORDABLE HOMES ARE NOT
WHOLE PROCESS OF BUYING, CLOSE TO MRT/LRT. FURTHER
MAINTAINING, INVESTMENT LOCATIONS.
ETC

PRICES PRESSURE
TOO HIGH PSF, NOT MANY PEER PRESSURE, SOCIETAL
VALUE BUYS PRESSURE TO OWN HOMES
FORCING BUYERS TO
PURCHASE WITHOUT PROPER
INFORMATION
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What the millennial market demands :
GREAT LOCATION
Close to MRT / LRT. Best if
walkable distance, but park n
ride options also fine. In CBD,
city centre
GOOD CONDITION
Good quality products if new
development.
Well-maintained properties.
Low density to medium.
Not needing to spend too
much for fixer-uppers in the
secondary market.
The dream is to have landed
properties.
PRICE AFFORDBILITY
Average income for single
professionals looking to own
property : RM3,500.
Average income for families
3 BEDROOMS (spouses) looking for
property : ~ RM7,000
Average requests are for 3
bedrooms.
Comfortable to raise a family
and have guests over.
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What the market offers :
POOR CONDITION
Subsale market has good
deals, sometimes still comes
up to market value post-
renovations. New
developments have to be
NOT-SO GREAT LOCATION wary, choose good
developers. New developers
Affordable homes are further
offer cheaper products, but
from the city, quite a drive
no track record for buyers
away from public transport.
confidence.
conditions, medium density
PRICE AFFORDBILITY
Central locations start at too
high a price. Comfortable
units closer to the city center
and busier areas start at
BEDROOMS? RM3,000 per month to own.
In central location like PJ,
Damansara very rarely can
you get 2 bedders below
RM400k. Price tags for 3
bedders in comfortable
start at RM600k 6
 Examples of Subsale Listings
PRICE RANGE UP TO RM400K, 3 BEDROOMS, “CLOSE” TO MRT/LRT

SUBANG JAYA AMPANG

Arcadia : RM400k, LRT USJ 21, 2.8km Ampang Damai Condo : RM350k LRT Ampang, 2km
Landed compact homes SS19, RM399k, LRT SS15, 2.2km. Tiara Ampang : RM370k, LRT Ampang, 3km
Goodyear Court : RM350k LRT USJ 7 3km
DAMANSARA PUCHONG
Palm Springs : RM350k, MRT Surian 2.3km
Perdana Exclusive Condo : RM390k, MRT Mutiara Damansara Taman Puchong Intan : RM360k
2.4km. terrace, LRT Puchong Prima, 3,2km
De Rozelle : RM 400k, MRT Kota Damansara, 3.2km

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 Examples of New Developments
NEW DEVELOPMENTS, 3 BEDROOMS WITHIN 3KM RADIUS OF LRT / MRT

CHERAS AMPANG
Netizen, Bandar Tun Hussein Onn, RM550k. 200m to Datum Jelatek : RM2mil, 300m LRT Jelatek
MRT BTHO
J Dupion, RM900k, walking distance 900m to MRT
Taman Pertama
DAMANSARA SUNGAI BULOH
Tropicana Gardens, RM1.3mil, walking distance to MRT D’sara Sentral Residence : RM1.1mil
Surian walking distance to MRT Sg Buloh
Cantara Residence, Ara Damansara, RM800k, 650m LRT Alstonia Hilltop Homes @ BRP :
Lembah Subang RM600k, 3km to MRT Sg Buloh

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MY STARTER
HOME
- New Development, with single income of RM3,500
at 26
- BSP21, Bandar Saujana Putra, bumi unit
- 1 bedroom, 610 sqft facing swimming pool

RM273,000
Tenanted
Close to MAHSA University. Tenanted by
young families, students

Investment cum own-stay

Initially bought for own-stay, became an
investment 9
CURRENT
HOME
- Subsale renovated apartment in Setia Alam, 939 sqft,
3 bedrooms 2 baths 2 carparks
- Purchased with single income under husbands name
at 26

RM350,000
Own-stay
Comfortable for young family, for other family
members to stay over

Future - investment
Township is growing, demand for rental has
increased. Can be future investment.
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Buy Vs Rent
TRENDS AND THOUGHTS

Market
We get a 50/50 for rental and sales enquiries.
Usually those who enquire regarding rentals,
return as buyers

Which is better?
The situation is subjective. It is definitely a
buyers market, there are good subsale deals
out there, but if only if you can afford it. If
you have t start out renting, that is great too.
Get used to the area before making a
commitment.
Trends
A lot of millennials are buying out of peer
pressure and ending up buying for the sake of
it or pressure.
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GOOD DEALS

LISTING 01 LISTING 02 LISTING 03

Compact homes in SS19, 2 bedrooms
2 baths, close to SS15 LRT.
RM400-500k
Perdana Exclusive Condo, Damansara
Perdana, 3 rooms 2 baths, close to
MRT Mutiara Damansara
RM450k
Cheras condominium, 3 rooms 2
baths, well renovated and decorated.
Close to MRT Sri Raya or Taman
Suntex 2km
RM350k

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CONTACT ME

SOCIALS EMAIL PHONE WEBSITE

@mariejualkondo natasha@zerinproperties.com 012-697 9785 www.natashagideon.com

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