DURING the movement control order (MCO) period, various online meetings among property consultants, investors and developers have tended to converge on one question.
Will prices drop and by how much? During a webinar, one of Malaysia’s top five developers say there will be a dip in price with developers giving additional discounts for completed unsold units. There will be a cutback on launches with no steep drop in price.
“It is just a matter of time (before the market rebounds) as in previous crises, ” he says.
Media Title: The Star
Date: 16 May 2020