{"id":24034,"date":"2020-12-16T12:21:31","date_gmt":"2020-12-16T04:21:31","guid":{"rendered":"https:\/\/www.iqiglobal.com\/blog\/?p=24034"},"modified":"2026-01-09T16:15:39","modified_gmt":"2026-01-09T08:15:39","slug":"juwai-iqi-monthly-newsletter-real-estate-market-december-2020","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/juwai-iqi-monthly-newsletter-real-estate-market-december-2020\/","title":{"rendered":"Juwai IQI Monthly Newsletter \u2013 Real Estate Market December 2020"},"content":{"rendered":"\n

The economy is slowly growing. <\/strong><\/p>\n

Malaysia’s gross domestic product is expected to grow between 6.5% and 7.5% in 2021, after a 4.5% contraction in 2020 owing to the Covid-19 pandemic.<\/p>\n

The strong rebound in GDP growth will be driven by the anticipated improvement in global growth and international trade.<\/p>\n

Besides, the government’s stimulus packages’ impact is expected to have spillover effects and provide an additional boost to the economy in 2021.<\/p>\n

The Malaysian economy had shrunk 8.3% in the first half of 2020 owing to the Covid-19 pandemic, with a decline of 17.1% in the second quarter.<\/p>\n

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