Daily Industry News Update (3 April 2021)

INDUSTRY NEWS (3 April 2021)

The long, winding road towards M’sia economic recovery

The worst is likely behind us, thanks to the expected global recovery and vaccine rollout in major advanced economies. Revived exports and private sector’s domestic demand set to turnaround the Malaysian economy in 2021. Bank Negara Malaysia’s (BNM) Economic and

Property market could show signs of recovery by 2H2021

Malaysian developers are more optimistic about the outlook for the property industry in the second half of this year (2H2021) than in 1H2021. The economy is expected to recover and boost buying sentiment in the latter half of the year. In a survey conducted by the Real Estate

Are some homebuyers in Malaysia paid to borrow and buy?

The number of properties going under the hammer in Malaysia has been on a worrying uptrend in recent years (see Table 1). Even if we attribute the sharp increase in 2020 — the figure is effectively only for half a year after taking into account the six-month blanket loan

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