Covid-19 outbreak might impact Johor's property market - state exco

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CORONAVIRUS | He says the property sector could be impacted if the situation prolongs for another three to six months.

| The Johor government does not rule out the possibility that the property sector in the state could be impacted following investor concerns of a prolonged Covid-19 outbreak that has spread to several countries, including Malaysia.

"I won’t rule out any probability because the impact of Covid-19 on the economy is very clear, especially in the tourism sector. Dzulkefly said foreign investor concerns were also caused by a prohibition imposed by some countries on their citizens from travelling to Malaysia even though the Covid-19 infection in the country is still not at a serious stage.

 

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