Forty-eight percent of Malaysians expect home prices to increase in 2021, while two out of every five expect to purchase a home this year, according to a new survey of Malaysian consumers by Juwai IQI this month.
Elaborating on the survey results, Juwai IQI Co-Founder and Group CEO Kashif Ansari said;
“More people believe home prices will rise in 2021 than that they will fall. Forty-eight percent believe home prices will go up this year, and only 34 percent think they will go down. The number of people who think home prices will go down ‘a lot’ is vanishingly small, at just 3 percent. That compares to 12 percent who believe the opposite, that home prices will climb ‘a lot.’