It’s revival with a V for homes


“I am not saying the market is fantastic but, yes, the market has recovered somewhat from the March-April dip, ” says Lim Boon Ping, President of the Malaysian Institute of Estate Agents.

PETALING JAYA: If there is any nugget in today’s prolonged property slump, it is that the residential market has a V-shaped recovery after the March-April 2020 movement control order, says the Malaysian Institute of Estate Agents.

Its president Lim Boon Ping said the property market recorded a sharp decline in the first half of 2020 compared with a year ago, and this was duly captured by the National Property Information Centre (Napic) Property Market Report First-Half 2020.

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