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2021 Interview of 429 Experts around the World on Covid-19
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LIEW TOH SENCountry: Malaysia
City: JOHOR BAHRU
Position: Real Estate Agent
Organization: MABEST PROPERTIES
On the whole, what was the percentage change in housing prices in your city during end 2019 to end 2020In your opinion, what will be the percentage change in housing prices in your city during end 2020 to end 2021
When will the property markets recover after Covid-19?
| Sector | Answer |
| Agricultural land |
|
| Urban land |
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| Office |
|
| Shopping |
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| Industrial properties |
|
| Hotels |
|
| Resort properties |
|
| Rental housing & rental apartments |
|
| Owner-occupied apartment or condominiums |
|
| Detached houses, rowhouses or low-rise residence |
|
| Residential land subdivision |
|
| Retirement living |
|
| Overall Assessment for your country |
|
What are ‘new normal’ in real estate in your opinion?
1) The developers will have to redefined the property's development and target at the more affordable properties for the current market needs rather than premium projects for the Roch and investors for the next two to three years. The marketing strategies and marketing channels shall be more innovative and creative means via electronic media by utilizing digital marketing.
How should we adjust ourselves in real estate business?
1) To adopt new technology and cost effective way of building construction in order to reduce construction cost and lower the selling price of the affordable properties . 2) To serve the actual current market needs
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
