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2021 Interview of 429 Experts around the World on Covid-19
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Joseph LeeCountry: Australia
City: Melbourne
Position: Principal & Senior Proeprty Consultant
Organization: ValuConsult & Associates
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 |
|
| Office |
|
| Shopping |
|
| 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?
Home designs to allow for home-office / Zoom meetings, CBD office to serve as employee meeting, collaboration and training hubs for a re-structured workforce (with a significant percentage of work-from-home employees), more spacious and open public spaces with good flow of fresh air will be incorporated in new buildings,
How should we adjust ourselves in real estate business?
Adopt technology such as virtual home tours, drone videography, on-line auctions, digital marketing channels to reach out to prospects, etc..
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
