MANY probably have plans to spend in the home-buying season this year. Then, just when the perfect home hit the market, the Covid-19 pandemic turned the world on its head.
Property stocks have fallen as demand takes a hit, while the residential overhang woes were slightly exacerbated in the first half.
Despite some exceptions, home prices have remained widely resistant, unlike during the Asian Financial Crisis, which saw prices fall by nearly 12% in two years.
With so much uncertainty over what the next few months will bring, is now a good time to buy a home?
Media Title: The Malaysian Reserve
Date: 19 Oct 2020