Real Estate Experts Believe Malaysian Property Market
Better Prepared Now, Compared to Asian Financial
Crisis in 2008
Compiled and Edited by Rachael Raymond NEWS & HAPPENINGS
Highlighted Happenings from April 2020 through June 2020
private limited companies, as well as
individual property buyers, are in a
better position now compared to the
Asian Financial Crisis of 2008.
Three real estate industry veterans
invited by the Malaysian Institute of
Estate Agents (MIEA) recently shared
their insights with the on the current real
estate market outlook amid COVID-19
and the MCO, were optimistic. Speakers
included Eric Lim, Founder and Group
Managing Director of Hartamas Real
Estate Group, Datuk Seri Michael Yam,
CEO and Managing Director of Impetus
Alliance and Stephan Tew, Director of
Axis REIT Managers Bhd.
(Datuk Seri Michael Yam)
PETALING JAYA, April 2020: The real
estate industry, players and financial
institutions are expected to come
out of the post-COVID-19 and post
Movement Control Order (MCO),
relatively unscathed.
This, as real estate industry experts,
believe that the sector, its players,
financial institutions, large firms and
The forum held via a social media
platform is a part of the MIEA HOPE
Programme aiming to help MIEA
members to enhance themselves
during the current uncertain times.
The two-hour forum “The First MIEA
Multi-Sector Market Outlook” which
took place on 23rd April 2020, was
moderated by Previn Singhe, Managing
Director and CEO of Zerin Properties.
The veteran real-estate industry trio
shared their thoughts on the residential,
commercial and industrial sectors of
the property market outlook.
They also looked at the property
market’s exposure, the steps taken to
alleviate the impact of COVID-19 as well
as the MCO and the measures taken to
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