28 Jul 2021, Malaysian Reserve
The country’s property market is expected to see a robust recovery starting next year, driven by the feel-good factor on vaccine rollout that fuels a positive outlook. Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia president Michael Kong said the property market could start seeing some serious growth in 2023. He said pent-up demand, once the Movement Control Order is lifted, would also spur the market after Covid-19 curve in the country is flattened.
27 Jul 2021, Berita Harian
Pasaran hartanah tempatan akan merosot dengan ketara jika Kempen Pemilikan Rumah (HOC) tidak dilaksanakan, kata Menteri Perumahan dan Kerajaan Tempatan, Datuk Zuraida Kamaruddin. Beliau berkata, kempen berkenaan akan terus memacu pembelian hartanah di negara ini di tengah-tengah persekitaran kadar faedah yang rendah, meskipun berdepan persekitaran mencabar disebabkan oleh pandemik COVID-19. Katanya, pengenalan semula HOC, kempen yang meningkatkan pasaran hartanah pada 2019, dilihat secara meluas sebagai pemacu dan penggerak industri hartanah sepanjang 2020, malah diunjurkan akan memainkan peranan lebih penting untuk membangkitkan minat pembeli hartanah.
27 Jul 2021, Nanyang Daily
27 Jul 2021, The Edge
The housing and property industry needs to address three key challenges — sustainability, innovation and technology — in the recovery of the industry and economy in the post-pandemic era, according to KSI Strategic Institute for Asia Pacific president Tan Sri Michael Yeoh. In his welcome remarks for the 2021 Malaysian Housing and Property Summit titled “Resetting and Rebuilding the Housing and Property Industry In the New Normal” on Tuesday, he noted there is a need for the industry to chart its course to get the economy moving again.
28 Jul 2021, Malaysian Reserve
Property prices might not necessarily be more affordable post-Covid-19 due to market changes and wage growth, the housing minister said. Housing and Local Government Minister Datuk Zuraida Kamaruddin said the economic crisis brought on by the Covid19 pandemic saw the housing market, labour and financial sectors going through adjustments. “Banks are likely to tighten their lending conditions to reduce their exposure to a higher risk of possible default from mortgage payments, making it even harder for first-time homebuyers to enter the market,” Zuraida said at the 2021 Malaysian Housing and Property Summit yesterday, virtually organised by the KSI Strategic Institute for Asia Pacific.
28 Jul 2021, Nanyang Daily
13 Aug 2021, The Edge Markets
The housing and property industry needs to address three key challenges — sustainability, innovation and technology — in the recovery of the industry and the economy in the post-pandemic era, said KSI Strategic Institute for Asia Pacific president Tan Sri Michael Yeoh in his welcome remarks at the 2021 Malaysian Housing and Property Summit titled “Resetting and Rebuilding the Housing and Property Industry in the New Normal” on July 27.