Property auctioneers are expecting more foreclosures to occur by the middle of next year as the full economic effects of the Covid-19 pandemic set in. – The Malaysian Insight pic by Seth Akmal, November 15, 2020.
MORE property auctions with above average bids are expected in the third quarter of 2021 as the full impact of the coronavirus epidemic sinks in, said industry players. They expect many borrowers to continue cutting expenses, with some being unable to service their loans. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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