PropertyGuru Malaysia Property Market Index Q2 2020

·1-min read

When pandemic COVID-19 hit home ground early this year that resulted in a nationwide Movement Control Order (MCO), an inevitable downfall in economy and businesses was on the rise.

But the overall property market stood strong and braced through the first quarter with a marginal increase in asking prices in Malaysia.

The MPMI saw the overall property market index showing a marginal improvement in the first quarter, increasing 0.63% from 88.90 in Q4 2019 to 89.46 in Q1 2020.

The increase in overall asking prices was improving gradually prior to the outbreak of COVID-19 and continued to tick upwards, clearly suggesting that Malaysian consumers are viewing property as a preferred fallback for preserving wealth in times of crisis.

PropertyGuru Malaysia Property Market Index Q2 2020
PropertyGuru Malaysia Property Market Index Q2 2020
PropertyGuru Malaysia Property Market Index Q2 2020
PropertyGuru Malaysia Property Market Index Q2 2020
PropertyGuru Malaysia Property Market Index Q2 2020
PropertyGuru Malaysia Property Market Index Q2 2020
PropertyGuru Malaysia Property Market Index Q2 2020
PropertyGuru Malaysia Property Market Index Q2 2020
PropertyGuru Malaysia Property Market Index Q2 2020
PropertyGuru Malaysia Property Market Index Q2 2020

Download the full PDF report here: PropertyGuru Malaysia Property Market Index Q2 2020