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Property market recovery may be delayed until next year — Henry Butcher Malaysia

PETALING JAYA (Feb 1): The most positive scenario for the overall Malaysian property market in 2021 would be a slightly better performance than last year due to the start of the vaccination programme that would help in controlling the Covid-19 pandemic, according to Henry Butcher Real Estate chief operating oficer (COO) Tang Chee Meng. In presenting Henry Butcher Malaysia’s annual report on the review and outlook for the Malaysian property market in 2021 titled “HB Perspective 2021”, Tang also noted that the recent spike in Covid-19 cases and the subsequent moves by the government to curb the spread of the pandemic may delay the industry recovery to next year.

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