Q1 2021 Real Estate Times Malaysia

Recovery hope emerged amidst continuing challenging time

Key Highlights:

  • The rollout of vaccines since February 2021 is expected to lift sentiments.
  • Headline inflation is estimated to average higher driven by higher global oil prices. Bank Negara Malaysia (BNM) projected the economy to remain in negative growth for the first quarter of 2021.
  • Nevertheless, it is expected to be on a growth trajectory from the second quarter onwards with overall GDP growth of between 5.5 per cent and 6.5%.

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