{"id":90461,"date":"2024-08-14T15:49:42","date_gmt":"2024-08-14T07:49:42","guid":{"rendered":"https:\/\/iqiglobal.com\/blog\/?p=90461"},"modified":"2026-01-09T16:00:23","modified_gmt":"2026-01-09T08:00:23","slug":"gen-z-transitioning-to-homeownership-iqi","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/gen-z-transitioning-to-homeownership-iqi\/","title":{"rendered":"Kashif Ansari: Gen Z is Slowly Transitioning from Renting to Homeownership | IQI"},"content":{"rendered":"\n

Generation Z<\/strong> in Malaysia, those born between 1995 and 2005, is showing a growing trend<\/strong> toward homeownership<\/strong>, according to new data released by property agency IQI, part of the global PropTech company Juwai IQI.<\/p>\n\n\n\n

Kashif Ansari, Co-Founder and Group CEO of Juwai IQI<\/strong>, emphasized the importance of this development, pointing out that owning a home<\/strong> is a key step for Generation Z in establishing a secure financial future<\/strong>.<\/p>\n\n\n

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\"residential<\/figure>\n<\/div>\n\n\n

“Over the past two years, Generation Z’s share of home purchases has risen from 17% to 26%<\/strong>. While they still lag behind Generation Y, who account for 50% of purchases, the trend indicates that Gen Z is following a similar path<\/strong> as previous generations, moving from renting to owning<\/strong> as they come of age,” Ansari explained.<\/p>\n\n\n\n

In 2019, when the oldest members of Generation Z were just 24 years old, they represented only 3% of homebuyers<\/strong>. However, their participation in the real estate market has since surged, with 26% of current home purchases<\/strong> attributed to this group.<\/p>\n\n\n\n

Though renting remains common among this generation, Ansari stressed the critical role of homeownership<\/strong> in achieving financial stability. <\/p>\n\n\n

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\"IQI\"<\/figure>\n<\/div>\n\n\n
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While it’s natural for younger individuals to start with rentals, it’s crucial that Generation Z begins moving towards owning their homes to build wealth<\/strong> and benefit from property appreciation<\/strong>.<\/p>\nKashif Ansari<\/cite><\/blockquote>\n\n\n\n

Accounting for a quarter<\/strong> of Malaysia’s population, Generation Z is set to play a pivotal role<\/strong> in shaping the country’s economic future.<\/p>\n\n\n\n

Juwai IQI was featured in <\/em><\/strong>Focus Malaysia<\/a>, Kopi and Property<\/a>, Business Today<\/a> <\/em><\/strong><\/mark>and<\/em><\/strong> Moomoo Malaysia<\/a><\/em><\/strong>.<\/mark><\/p>\n\n\n\n

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Juwai IQI is the world-renowned property company that provides insights on property, locally and globally.<\/mark><\/strong><\/p>\n\n\n\n

Click below to get more expert property insights from our blog!<\/mark><\/strong><\/p>\n\n\n\n

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MORE INSIGHTS<\/a><\/div>\n<\/div>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

Generation Z in Malaysia, those born between 1995 and 2005, is showing a growing trend toward homeownership, according to new data released by property agency IQI, part of the global PropTech company Juwai IQI. Kashif Ansari, Co-Founder and Group CEO of Juwai IQI, emphasized the importance of this development, pointing out that owning a home…<\/p>\n","protected":false},"author":39,"featured_media":28096,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[220],"tags":[265,231,10812,476,304,305,224],"class_list":["post-90461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-investment","tag-iqi-en","tag-iqi-news","tag-juwai-iqi","tag-malaysia","tag-property","tag-real-estate"],"yoast_head":"\nGen Z is Slowly Transitioning from Renting to Homeownership: IQI<\/title>\n<meta name=\"description\" content=\"More Gen Z's are turning towards homeownership from renting, with a 9% increase of property purchases since Q2 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