Apart from having a massive economic and environmental impact, the Covid-19 pandemic has radically changed people’s lives. Many have had to adapt to the new normal and living through lockdowns. This has led to homes becoming much more than just a space to live in.
City & Country conducted a survey at the end of last year to find out whether the Movement Control Order (MCO) has had an effect on homebuyers’ preferences — for example, the size and location of the property — when it came to their next purchase. The results were published in our Nov 23 issue.
In this issue, we are revisiting the results of the same survey and taking a closer look at whether buyer preferences have shifted from landed to high-rise properties, the factors that affect their housing choices, and whether they would be more open to renting rather than buying houses post-MCO.