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MCO: How Badly Will the Property Sector Be Hit?

MCO: How Badly Will the Property Sector Be Hit?

Morning Brief

April 27, 202011m 24s

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Show Notes

Malaysian property stakeholders are bracing for the unavoidable economic impact of the Covid-19 pandemic on the property sector.

Prior to the Movement Control Order (MCO) and the pandemic, property sales for residential and commercial were already slow amid a mismatch between supply and demand although affordable housing was still a growing segment.

So how bad will the fallout be for the property sector, and how far off is the light at the end of the tunnel?

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Topics

Government/Regulatory/Policy MakingEconomyMarketsPropertyPoliticsNewsCurrent AffairsMCOmovement control orderCovid-19coronaviruspandemicpropertyconstructionresidentialcommercial