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Malaysia’s property sector forecast to rebound in H2

The domestic economic recovery and the reopening of international borders are expected to help Malaysia’s property sector rebound in the second half of this year, according to industry experts. The policies introduced by the government to boost the property market as well as the manageable COVID-19 infection rate is also helping to boost the positive sentiment in the sector, according to Pro Men Sdn Bhd’s founder and property entrepreneur Michelle Chao Xiang Mei. Those factors, she added, will help urban areas like Kuala Lumpur to rebound but it could be a slower recovery for the suburban areas, Chao said.

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