Malaysians have continued to buy and rent homes despite the rising number of Covid-19 cases, using new technologies to limit risks so that the typical buyer now has three fewer in-person interactions than one year ago, according to Juwai IQI.
The real estate technology group has transacted RM61 million to RM101 million of property sales and rentals per week since May 2020, with no change in this aggregate weekly value over the past few months.
Juwai IQI’s three key initiatives to reduce Covid-19 risk during the purchase or rental process are the Manage My Deal feature that provides real-time updates on the status of purchases or rentals, digitising rentals, and digital name cards.
Source: The Sun Daily (15th January 2021)
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Malaysia Industry Projects: Better sales, rents and prices in 2020 | Juwai IQI Report