While the current environment of once-again eased restrictions offers room for improvement in Q2 2021, the property market is expected to put in a mixed performance for the duration of the year while pandemic-related uncertainties persist.
Furthermore, consumer sentiment will likely improve in tandem with an increased vaccination rate as the year progresses.
- The total volume as of Q1 2021 was 80,694, with a value of RM 32.12 billion
- There were 3 types of development in construction done in Q1 2021 – residential (landed and high rise), service apartments and commercial units (shops).
- A total of 17,550 units have been completed, 40,766 have started and 15,181 in the planning.