Rebound in residential rental property demand in 1H of 2021

Growth in user visits outperformed the growth in rental property listings in H1 2021, which was a contrast to H1 2020, it said. File pic of Elmina Green Three, complemented by facilities such as playgrounds and 90km jogging and cycling tracks.

KUALA LUMPUR: Malaysia's residential rental property demand swung to a positive year-on-year (y-o-y) growth of 1.9 per cent in the first half (H1) of 2021 from a contraction of 5.6 per cent in the corresponding period last year, according to property portal iProperty.com.my.

Growth in user visits outperformed the growth in rental property listings in H1 2021, which was a contrast to H1 2020, it said.