Daily Industry News Update (27 January 2021)


Property overhang to remain high in this year, says agency

The number of overhang properties is expected to remain high this year based on income level, locations and prices, according to Rahim & Co International Sdn Bhd. Its research director Sulaiman Saheh referred to Rahim & Co’s Property Market Review 2020/2021 which

Silver Linings Amidst Dampening Effects Of Covid-19

As the Covid-19 pandemic continues to plague the nation and the world, the efforts of property market stakeholders scrambling to adjust to the new norms is beginning to show some silver linings. No doubt that 2020 was ridden with uncertainty, fear and nationwide

Subsale property market remains challenging

The outlook for the local subsale property market appears subdued with the second implementation of the Movement Control Order (MCO 2.0) expected to weigh down demand in the first half of 2021 (1H21). REA Group Asia (iProperty.com.my) customer data solutions

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