Weekly Industry News

Impact of MCO 2.0 on the property market

Weekly Industry News

To recap, Malaysia was first put under a lockdown on March 18, 2020. As the first wave of the virus spread was gradually pushed back, restrictions were correspondingly eased, and the economy saw hopeful recoveries.

However, subsequent outbreaks, worse than the first, have struck the nation, and for many sectors, whatever recoveries they made are now being erased.

The building and development industry is among the many hard-hit sectors, but gritting their teeth through it, its key stakeholders concur MCO 2.0 is necessary.

This was voiced by Rehda Malaysia president Datuk Soam Heng Choon, Master Builders Association Malaysia (MBAM) deputy president Oliver Wee Hiang Chyn and Malaysian Institute of Architects (PAM) president Datuk Ezumi Harzani Ismail, in the EdgeProp Malaysia Virtual Fireside Chat held on Jan 19. The Facebook Live session entitled “Impact of MCO 2.0 on the Malaysian Property Sector” discussed various issues that resonate not only with the industry players, but property investors too.

The fireside chat is moderated by EdgeProp.my editor-in-chief and managing director Au Foong Yee.

Media Title: EdgeProp.my

Date: 22 Jan 2021

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