Malaysia Property Market Outlook Q1 2020 – The Great Lockdown
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𝟭. 𝗦𝗻𝗮𝗽𝘀𝗵𝗼𝘁 𝗼𝗳 𝗤𝘂𝗮𝗿𝘁𝗲𝗿 𝟭 𝟮𝟬𝟮𝟬
– 2 rate cutes in less than 3 months
– Statutory Reserve Requirement cuts
– Sheraton move and Political Turmoil
– KLCI sharp drop
– Bank Negara announces loan deferment (moratorium)
– Oil price dropped to negative
– Unemployment shot up
– Covid 19 cases shot up
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𝟮. 𝗕𝗿𝗮𝗰𝗲 𝗳𝗼𝗿 𝗜𝗺𝗽𝗮𝗰𝘁
– how serious it is and how rough ride ahead
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𝟯. 𝗥𝗼𝗮𝗱 𝘁𝗼 𝗥𝗲𝗰𝗼𝘃𝗲𝗿𝘆
– how long does it takes
– how different or similar it is with past crisis and outbreaks?
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𝟰. 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗠𝗮𝗿𝗸𝗲𝘁
– will property price drop 70%?
– will there be a bull run after covid19?
– is there any more rate cuts?
𝟱. 𝗡𝗲𝘄 𝗡𝗼𝗿𝗺𝗮𝗹
– business will never be the same again
– how covid19 pushes through digitalisation
– digital is not a want but a SERIOUS NEED
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