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Juwai IQI: Record 2021 real estate sales despite Covid

The Quintessence Of City Living in Kuala Lumpur

The main facilities deck offer an infinity pool and outdoor pavilions MCL Land Malaysia’s maiden project, Quinn, ushers in a new era of urban dwelling in the heart of Kuala Lumpur. When it comes to investing in property, it pays dividends to go with a trusted and reliable developer. Experience and a good track record are not only essential to building trust but are also attributes that go a long way in maintaining and enhancing appreciative value in real estate. MCL Land Malaysia is one such developer that has an impressive and long-standing reputation in the region.  A premium developer with more than 50 years’ experience in Singapore and Malaysia, it has amassed an impressive portfolio of diverse projects in both countries.

Asking prices in Q1 dip, fluctuations in months ahead: PropertyGuru index

29 Apr 2021 / 18:22 H. PETALING JAYA: The property market is expected to put in a mixed performance for the duration of the year due to persistent uncertainties, after asking prices registered a downtrend in the first quarter this year with a 1.79% decline year-on-year (y-o-y) and 0.84% drop quarter-on-quarter (q-o-q), according to PropertyGuru’s Malaysia Property Market Index (MPMI). “However, we believe that consumer confidence in the property sector will regain as we progress through 2021, supported by a strong vaccination programme and favourable government incentives.” said country manager Sheldon Fernandez. The dip in Q1’21 asking prices may be attributed to buyers’ apprehension as they take a wait-and-see approach due to the resurging Covid-19 infections and the second movement control order (MCO 2.0) which affected commercial activity.

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