Malaysia’s real estate industry has a very strong, positive outlook on the future of the sector over the next 12 to 24 months. KUALA LUMPUR, Malaysia (PRWEB) December 27, 2019 Will 2020 be boom-time for Malaysian real estate? Residential real estate prices, rents, and sales numbers will increase significantly in 2020 and 2021, both nationally and in the eight states preferred for investment, according to a survey of 386 Malaysian real estate agents. The survey was conducted in November 2019 by Juwai IQI, which is one of the largest real estate groups in Southeast Asia with more than 7,000 agents. Kashif Ansari, Group Executive Director of Juwai IQI, said: “This survey is the first large-scale effort to quantify and forecast trends in the Malaysian real estate industry by asking industry experts. We hope it will become as trusted and important for decision makers as similar indexes in other industries, such as the Purchasing Managers’ Index. We share the positive outlook reported in the survey, within rational bounds. “Agents have a very strong, positive outlook on the future of the residential real estate sector over the next 12 and 24 months. “The survey findings show that the states with the most… Read full this story
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Malaysia Property Index: Industry projects better sales, rents, and prices in 2020, 2021 — New Report from Juwai IQI have 318 words, post on www.chron.com at December 27, 2019. This is cached page on X-Buy. If you want remove this page, please contact us.