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Willingness to Accept Reverse Mortgage

Table 2: Demographic analysis

Variables Category Frequency Percentage (%)
Gender Male 190 46.91
Female 215 53.09
Age Group 60 and above 22 5.43
50-59 85 20.99
40-49 124 30.62
22-39 174 42.96
Education Level SPM/O-Level 17 4.2
STPM/A-Level 43 10.62
Degree 172 42.47
Master 130 32.10
Professional Certificate 43 10.61
Primary Residential Property Located Gombak 23 5.68
Hulu Selangor 6 1.48
Kajang 34 8.40
Klang 125 30.86
Kuala Langat 10 2.47
Kuala Selangor 4 0.99
Petaling Jaya 72 17.78
Rawang 12 2.96
Subang Jaya 32 7.90
Sepang 4 0.99
Shah Alam 83 20.49
Primary Residential Property Flat/Apartment 30 7.41
Condominium 61 15.06
Townhouse 2 0.49
Service Apartment 2 0.49
Landed property (Single storey/Double storey) 266 65.69
Semi-D/Bungalow 44 10.86
Marital Status Single 103 25.43
Married 288 71.11
Divorced 11 2.72
Widow/Widower 3 0.74
Occupation Unemployed 31 7.65
Employed 308 76.05
Self-employed/Businessman 66 16.30
Sufficient retirement fund Yes 104 25.68
No 116 28.64
Maybe 185 45.68
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