The United States Federal Reserve’s decision to lift interest rates poses a potential threat to economic growth in emerging market economies, Juwai IQI Co-Founder and Group CEO Kashif Ansari said.
In a new analysis released by him, he suggests that, despite these challenges, Malaysia is well positioned for economic growth and an improving real estate market.
He said that when income and employment climb in Malaysia, there is generally a positive impact on the real estate market. “That’s why our forecast for 2022 predicts increasing transaction flow,” he said.
He said that he believes that the international demand for Malaysian exports will continue to increase in 2022 due to fast economic growth in the U.S. and the rebalancing of supply chains. This will help offset any negative impact from rising rates.
Read more: Business Today
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