iProperty released on their Facebook page an interesting piece of information. They looked at the key area searches that visitors to their website were making and came up with the Top 30 location search list for July 2011.
An interesting point to note is that iProperty does seem very much skewed towards the Klang Valley based on search activity on their site. From the list of 30, Johor Bahru is the only non Klang Valley location which comes in at the No. 11 spot.
Puchong coming in at the top spot doesn’t really come as a surprise with the number of launches taking place in the area and also the relative affordability factor playing a part in getting it the top spot in my opinion. There has been alot of interest lately in properties in Puchong based on my conversations with some people looking for a house and even for apartments/condominiums. Well at least it seems that way to me. Hard to imagine that not too many years ago, Puchong was considered an outskirt and today it’s a bustling urban center with landmarks such as the IOI Mall located there.
What’s more interesting to me actually, is that Bangsar actually comes in at No. 3. Kinda surprised actually as homes in Bangsar generally costs like shitloads more than the average home in Petaling Jaya, however there is a possibility that the bulk of the searches could have been targeted to condominiums but its not detailed in iProperty’s release. Even then, condominiums in this locale still command a premium with some units easily costing as much as a terrace house in Puchong or even Petaling Jaya. Nice to see that there’s still a demand for high-end properties.
One thing i find lacking in this overall ranking is that this only gives me a general indication on what is being searched for on iProperty’s website. However i would not take this list completely at face value. Reason being, there is no clear indication whether the searches are being generated only by actual/genuine buyers. As we all know, there are SO MANY property agents on iProperty, post one for sale classified advertisement there and you’re bound to get more calls from agents wanting to be your properties EXCLUSIVE AGENT.
Heck, the majority of the searches noted above could well be done by agents, checking out the competition within a specific location. In my opinion, take the list above with a pinch of salt, it’s a “Nice-To-Know” but not exactly going to take the place as your property guidebook on areas to buy/invest in your next property.
The Top 30 chart was released on iProperty’s for Agents Facebook fanpage and if you’d like to view more interesting information on their iProperty’s Agent Fanpage, click here.