Real estate remains the focus of buyers
The local property market remained the focus of buyers during the implementation of the Movement Control Order (MCO) for the second time in the country.
PropertyGuru Malaysia country manager Sheldon Fernandez said although 75% of construction in Malaysia was affected last year, the property market in the country still has appeal among buyers through virtual platforms.
“The extended period of the MCO also saw the rise in popularity of virtual tours as one of the primary tools for sellers and buyers, with one in three Malaysians expressing intent to continue with property purchases this year,” he said in a virtual media roundtable session by PropertyGuru Asia Property Awards Malaysia 2021.
Continue reading at: themalaysianreserve.com/2021/04/21/real-estate-remains-the-focus-of-buyers/
Recommended
This cybersecurity pioneer explains why digital resilience is becoming real estate’s next quality benchmark
Duncan Simpson on the hidden vulnerabilities in connected buildings and why cyber risk is now a property issue
6 projects raising the bar for workplaces across Asia
Smarter systems, tighter operations, and rising occupier expectations redefine the commercial building
As foreign buyers retreat, a new generation of Singaporeans steps up
Affluent locals underpin stability, but a widening gulf between launches and resales reshapes the landscape
Vietnam’s developers and policymakers see openings as buyers chase affordability
Tight supply and rampant speculation push house prices beyond the reach of domestic buyers
