The anticipated commercial rollout of the Covid-19 vaccine by the first half of 2021 will boost the hopes for the country’s economic recovery and lift overall consumer sentiment, said property consultancy Knight Frank Malaysia.
“This had led property buyers as well as developers to rethink their future plans and strategies,“ he said in a statement in conjunction with the launch of its Real Estate Highlights 2nd Half of 2020 research report today. Newly appointed deputy managing director Keith Ooi said: “With Covid-19 remaining as a key concern, occupancies and rents are expected to decline moderately in the coming year.
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