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Property market likely to see recovery only in 2022, says Rahim & Co


The local property market is expected to be soft this year and likely to see a further delay in recovery to 2022, according to Rahim & Co in its Property Market Review 2020/2021.
While there is optimism that the turning point will be in the latter part of 2021 with the vaccine about to be mobilised, a further delay in recovery to 2022 would not be a surprise with the recent resurgence of Covid-19 cases and reimplementation of lockdowns, it said.
“We expect the residential market to remain focused on the affordable segment as overhang is still a concern. Secondary sales are expected to dominate the market with price consolidation, and the Home Ownership Campaign 2021 will give the market a boost,” said research director Sulaiman Saheh during a virtual press conference on Jan 26. ....

Sulaiman Saheh , Petaling Jaya , Yue Kwong , Abdul Rahim Rahman , Rahim Co Siva Shanker , Rahim Co , Home Ownership Campaign , Recovery Movement Control Order , Property Market Review , Industrial Revolution , Choy Yue , Tan Sri Abdul Rahim Rahman , இதழ்கள் ஜெயா , யூஎ க்குவோங் , அப்துல் ரஹீம் ரஹ்மான் , ரஹீம் இணை சிவா ஷங்க்கேர் , ரஹீம் இணை , வீடு ஓநர்‌ஶிப் பிரச்சாரம் , மீட்பு இயக்கம் கட்டுப்பாடு ஆர்டர் , ப்ராபர்டீ சந்தை விமர்சனம் , தொழில்துறை புரட்சி , சோய் யூஎ , பழுப்பு ஸ்ரீ அப்துல் ரஹீம் ரஹ்மான் ,

Retailers re-strategise business plans


THE retail sector has been one of the biggest casualties of the Covid-19 pandemic in 2020.
Going into 2021, not much has really changed and with the situation unlikely to be abated any time soon, retail players will have no choice but to re-strategise their business plans.
According to Henry Butcher Malaysia’s Malaysia Property Outlook 2021, the country’s retail future depends highly on the way Covid-19 is handled, such as government policies on movement restrictions and physical distancing guidelines.
“Moving forward, retailers and food and beverage (F&B) operators must adopt the omni-channel strategy and provide both online and offline or physical store experience as part of the new normal.” ....

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Property overhang to remain high in 2021 | Daily Express Online - Sabah's Leading News Portal


Published on: Wednesday, January 27, 2021
By: Bernama
Text Size:
Properties within the city or urban areas would see a strong demand and likely reduce the number of overhang property if prices were adjusted.
Kuala Lumpur: The number of overhang properties is expected to remain high in 2021 based on income level, locations and prices, according to Rahim & Co International Sdn Bhd.
Its research director Sulaiman Saheh referred to Rahim & Co’s Property Market Review 2020/2021 which showed that three states, Johor, Selangor and Kuala Lumpur recorded the highest numbers of overhang properties at 33,000 units, 8,700 units and 7,800 units respectively.
Other states such as Perak and Penang also posted higher numbers at around 4,000 units each. ....

Kuala Lumpur , Sulaiman Saheh , Siva Shanker , Yue Kwong , Rahim Co International Sdn Bhd , Rahim Co Petaling Jaya Office , Rahim Co Real Estate Agency , Rahim Co Property Market , Home Ownership Campaign , Property Market Review , Real Estate Agency , Petaling Jaya Office , Choy Yue Kwong , குவாலா லம்பூர் , சிவா ஷங்க்கேர் , யூஎ க்குவோங் , ரஹீம் இணை சர்வதேச ஸ்டன் ப்ட் , ரஹீம் இணை இதழ்கள் ஜெயா அலுவலகம் , ரஹீம் இணை ப்ராபர்டீ சந்தை , வீடு ஓநர்‌ஶிப் பிரச்சாரம் , ப்ராபர்டீ சந்தை விமர்சனம் , இதழ்கள் ஜெயா அலுவலகம் , சோய் யூஎ க்குவோங் , தலைப்புச் செய்திகள் ,

Malaysian property market likely to bounce back only in 2022 due to Covid-19 and lockdowns, says Rahim & Co | Malaysia


Tuesday, 26 Jan 2021 02:00 PM MYT
BY KENNETH TEE
According to Rahim & Co, property transactions in Malaysia fell by 15.8 per cent and 21.6 per cent in volume and value compared to the same period in 2019. Reuters pic
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KUALA LUMPUR, Jan 26 ― The Malaysian property market is expected to rebound in 2022 and not the second half of this year as previously predicted, property consultant firm Rahim & Co International said today.
Its chief executive of real estate agency Siva Shanker attributed delayed recovery to the resurgence of Covid-19 cases that started last year and the ongoing movement control order (MCO) reintroduced by the government this year in all states but Sarawak. ....

Kuala Lumpur , Siva Shanker , Abdul Rahim Rahman , Propertyguru Internationalm Sdn Bhd , Rahim Co , Health Ministry , Rahim Co International , Property Market Review , Propertyguru International , Sdn Bhd , Tan Sri Abdul Rahim Rahman , குவாலா லம்பூர் , சிவா ஷங்க்கேர் , அப்துல் ரஹீம் ரஹ்மான் , ரஹீம் இணை , ஆரோக்கியம் அமைச்சகம் , ரஹீம் இணை சர்வதேச , ப்ராபர்டீ சந்தை விமர்சனம் , ஸ்டன் ப்ட் , பழுப்பு ஸ்ரீ அப்துல் ரஹீம் ரஹ்மான் ,

Property overhang to remain high in 2021


KUALA LUMPUR: The number of overhang properties is expected to remain high in 2021 based on income level, locations and prices, according to Rahim & Co International Sdn Bhd.
Its research director Sulaiman Saheh referred to Rahim & Co s Property Market Review 2020/2021 which showed that three states, Johor, Selangor and Kuala Lumpur recorded the highest numbers of overhang properties at 33,000 units, 8,700 units and 7,800 units respectively.
Other states such as Perak and Penang also posted higher numbers at around 4,000 units each.
Speaking to reporters after the release of the report today, Sulaiman said properties within the city or urban areas would see a strong demand and likely reduce the number of overhang property if prices were adjusted. ....

Kuala Lumpur , Sulaiman Saheh , Siva Shanker , Yue Kwong , Rahim Co International Sdn Bhd , Rahim Co Petaling Jaya Office , Rahim Co Real Estate Agency , Rahim Co Property Market , Home Ownership Campaign , Property Market Review , Real Estate Agency , Petaling Jaya Office , Choy Yue Kwong , குவாலா லம்பூர் , சிவா ஷங்க்கேர் , யூஎ க்குவோங் , ரஹீம் இணை சர்வதேச ஸ்டன் ப்ட் , ரஹீம் இணை இதழ்கள் ஜெயா அலுவலகம் , ரஹீம் இணை ப்ராபர்டீ சந்தை , வீடு ஓநர்‌ஶிப் பிரச்சாரம் , ப்ராபர்டீ சந்தை விமர்சனம் , இதழ்கள் ஜெயா அலுவலகம் , சோய் யூஎ க்குவோங் ,