News about millennials

KUALA LUMPUR (Sept 10): More than 60% of new Airbnb hosts in Malaysia in the first half of 2021 (1H21) comprised millennials aged between 25 and 40.

In a recent JLL survey, 66% of millennials in Asia Pacific, more than other age groups, said they missed the office and highlighted the office experience’s benefits: human interactions, professional environment, and place for focused work.

  KUALA LUMPUR (Oct 14): If one looks at the recently tabled Budget 2020 from the eyes of millennials and those of the Z generation or Gen Z, as they are called, there appears to be a decent chunk dedicated to them, so much so that Youth and Sports Minister Syed Saddiq Syed Abdul Rahman has termed it a “2020 Youth Budget”.

KUALA LUMPUR (April 11): Property developers have to come up with relevant products that meet the expectations of millennials, said Triterra Metropolis Sdn Bhd (Triterra) joint chairman Datuk Seri Michael Yam at a press conference after the signing ceremony between Triterra and Naza TTDI Sdn Bhd today.

KUALA LUMPUR (March 27): The home ownership rate among millennials in Malaysia is expected to rise in the next five years.

KUALA LUMPUR (Feb 21): Some 45% of millennials continue to purchase properties across Asia to generate rental income for their retirement, according to the “Manulife Investor Sentiment Index” report.

MOST young adults in the US will leave the nest when they graduate from college or university (in their 20s), if they have not done so after high school (around 18).

KUALA LUMPUR (March 2): Experiential shopping will be a new trend as consumers still prefer physical interaction – such as talking to the sales consultant and feeling and touching the product – which cannot be replicated through online shopping, said a retail property consultant.