Viewings and market valuation appraisals also move ahead of the five-year average for the first time in 2021.
The overall situation for the residential sector is expected to continue to be challenging as the pandemic has yet to be brought under control.
While 2020 has been a difficult year due to the Covid-19 pandemic, Savills Malaysia expects new norms to continue in 2021 and all businesses will have to continue to deal with the evolving market trends. It sees opportunities amid these changing markets.
With a gross development value of RM152 million, Bromelia Phase 1 offers 137 units of 2- and 2.5-storey terraced, cluster and semi-detached homes.
Chris Lehane, Airbnb senior vice president, global policy and communications: As this evolves, we will continue to develop ways to best support our communities by supporting healthy and sustainable travel, in partnership with local governments.
In Colliers International’s Asia Pacific Market Snapshot 3Q2020 report released recently, markets such as Singapore, Taiwan and China have seen a resurgence in transactions over the quarter under review, with the commercial and logistics sectors being the key areas of focus.