Residential property transactions in Malaysiamay have dropped in the first quarter of 2021, but people – particularly first home buyers – are still buying property during a pandemic.
Driven by incentives from both the government as well as the private sector, low interest rates and plenty of supply on the market, first-home buyers made up 61.2% of transactions for residential property this quarter and are poised to dominate the market for the rest of 2021.
But what else has changed? Download the Malaysia Q1 2021 Property Market Update: Charting Trends, Finding Opportunity report to find out:
PropertyGuru DataSense was created to drive greater transparency and data efficiency. Today, we are the largest data technology partner in the property market, providing big data analytics and solutions to industry players. Designed to be a single source of data for the industry, we pair public and private transaction information with real-time supply data to deliver the right data and insights.
We offer a range of services from market intelligence to valuation management solutions and custom data management, all of which can help our clients make more informed decisions about property. Our valuation management solutions and market intelligence help banks, financial institutions and valuers keep an eye on price trends and reach the right audience. Developers can take advantage of our geospatial data insights and custom data solutions to drive sustainable, profitable and efficient growth.
Transaction data in this report was taken from our proprietary dashboards.