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Expert: M'sia may not face worst-case property market scenario post-Covid-19

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CORONAVIRUS | Property market has a tendency to 'bounce back' following periods of crisis, says Sheldon Fernandez.

Malaysia may not end up with the worst-case scenario for the property market post-Covid-19, given its much healthier state of financial fundamentals today.

"This was seen in our PropertyGuru Malaysia Consumer Sentiment Study for the first half of 2020, which saw Malaysia’s Property Sentiment Index dropping two points from 44 points in H1 2019 to 42 points at the start of this year. Aside from pent-up demand re-expressing itself once market conditions improve, this tendency may also be due to investors restructuring their portfolios to manage risks and prioritise undervalued properties.

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Expert: Malaysia may not hit worse-case property market scenario post Covid-19 | Malay MailKUALA LUMPUR, April 14 ― Malaysia may not end up with the worst-case scenario for the property market post-Covid-19, given its much healthier state of financial fundamentals today. PropertyGuru Malaysia country manager Sheldon Fernandez said moreover, measures were already in place to manage the...
Source: malaymail - 🏆 1. / 86 Read more »