Market Update

PropertyGuru: Property Market Sees Slight Dip In Asking Prices, Expected To Stabilize With Vaccination Programme And Government Incentives

PropertyGuru: Property Market Sees Slight Dip In Asking Prices, Expected To Stabilize With Vaccination Programme And Government Incentives

PropertyGuru, Malaysia’s No. 1 property website, announced that its latest Malaysia Property Market Index (MPMI) report registered a downtrend in overall asking prices by 0.84% QoQ and 1.79% YoY – to 87.86 index points – in the first quarter of 2021. This dip may be attributed to buyers’ apprehension as they take a wait-and-see approach due to the resurging COVID-19 ...

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