{"id":32043,"date":"2021-06-11T23:24:03","date_gmt":"2021-06-11T15:24:03","guid":{"rendered":"https:\/\/www.iqiglobal.com\/blog\/?p=32043"},"modified":"2026-01-09T16:13:36","modified_gmt":"2026-01-09T08:13:36","slug":"property-market-q1-2021-covid-19-vaccine-important-role","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/property-market-q1-2021-covid-19-vaccine-important-role\/","title":{"rendered":"Property Market Q1 2021: COVID-19 vaccine rollout an important role"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>While the current environment of once-again eased restrictions offers room for improvement in Q2 2021, the property market is expected to put in a mixed performance for the duration of the year while pandemic-related uncertainties persist.<\/p>\n<div class=\"__EMPTY_CONTAINER\" data-block=\"true\" data-editor=\"ig_static\" data-offset-key=\"1045n-0-0\">\n<div data-offset-key=\"1045n-0-0\">With the availability and rolling out of the COVID-19 vaccine throughout the country, the National Property Information Centre expects the property market to experience a boost in the second half of 2021.&nbsp;<\/div>\n<div data-offset-key=\"1045n-0-0\"><\/div>\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\" data-offset-key=\"1045n-0-0\">Furthermore, consumer sentiment will likely improve in tandem with an increased vaccination rate as the year progresses.<\/div>\n<\/div>\n<hr>\n<h2>Property Transactions<\/h2>\n<ul style=\"list-style-type: disc;\">\n<li>The total volume as of Q1 2021 was 80,694, with a value of RM 32.12 billion&nbsp;<\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-32132 aligncenter\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2021\/06\/Table-2-Q1-Napic.png\" alt=\"\" width=\"540\" height=\"471\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-2-Q1-Napic.png 540w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-2-Q1-Napic-300x262.png 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-2-Q1-Napic-370x323.png 370w\" sizes=\"(max-width: 600px) 100vw, 540px\" \/><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-32133 aligncenter\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2021\/06\/Table-1-Q1-Napic.png\" alt=\"\" width=\"450\" height=\"468\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-1-Q1-Napic.png 450w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-1-Q1-Napic-288x300.png 288w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-1-Q1-Napic-370x385.png 370w\" sizes=\"(max-width: 600px) 100vw, 450px\" \/><\/p>\n<hr>\n<h4>Read more;<\/h4>\n<h4><span class=\"emoji\"><img decoding=\"async\" class=\"emoji\" role=\"img\" draggable=\"false\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/13.0.1\/svg\/25b6.svg\" alt=\"&#9654;&#65039;\"><\/span><a href=\"https:\/\/iqiglobal.com\/blog\/malaysia-covid-19-vaccine-2021\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\"><span style=\"color: #ff6600;\">What You Need to Know About Malaysia&rsquo;s Covid-19 Vaccine Program 2021<\/span><\/a><\/h4>\n<h4><span class=\"emoji\"><img decoding=\"async\" class=\"emoji\" role=\"img\" draggable=\"false\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/13.0.1\/svg\/25b6.svg\" alt=\"&#9654;&#65039;\"><\/span><a href=\"https:\/\/iqiglobal.com\/blog\/juwai-iqi-newsletter-real-estate-market-june-2021\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\"><span style=\"color: #ff6600;\">Juwai IQI Newsletter &ndash; Real Estate Market &ndash; June 2021<\/span><\/a><\/h4>\n<h4 class=\"entry-title penci-entry-title penci-title-\"><\/h4>\n<h4 class=\"entry-title penci-entry-title penci-title-\"><\/h4>\n<hr>\n<h2>Construction Activity&nbsp;<\/h2>\n<ul style=\"list-style-type: disc;\">\n<li>There were 3 types of development in construction done in Q1 2021 &ndash; residential (landed and high rise), service apartments and commercial units (shops).&nbsp;<\/li>\n<li>A total of 17,550 units have been completed, 40,766 have started and 15,181 in the planning.&nbsp;<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-32135\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2021\/06\/Table-3-Q1-Napic.png\" alt=\"\" width=\"703\" height=\"745\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-3-Q1-Napic.png 703w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-3-Q1-Napic-283x300.png 283w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-3-Q1-Napic-370x392.png 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-3-Q1-Napic-642x680.png 642w\" sizes=\"(max-width: 703px) 100vw, 703px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>Malaysian House Price Index<\/h2>\n<ul style=\"list-style-type: disc;\">\n<li>While the average price of the property types (terraced, high rise, semi-detached, detached) has decreased between -0.1% to -0.8%, the numbers are still strong compared to Q4 2020.&nbsp;<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-32137 aligncenter\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2021\/06\/Table-5-Q1-Napic.png\" alt=\"\" width=\"611\" height=\"591\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-5-Q1-Napic.png 611w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-5-Q1-Napic-300x290.png 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2021\/06\/Table-5-Q1-Napic-370x358.png 370w\" sizes=\"(max-width: 611px) 100vw, 611px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>What to look forward to in Q2 2021?<\/h2>\n<ul style=\"list-style-type: disc;\">\n<li><strong>The HOC extension in 2021<\/strong> means that buyers still have access to attractive financing incentives.<\/li>\n<li><strong>The rise of affordable homes priced at RM500,000<\/strong> and below are expected to dominate the market in the coming months.<\/li>\n<li><strong>The various major infrastructure projects, be it completed or in the progress <\/strong>&ndash; the East Klang Valley Expressway, the Rapid Transit System, Kulai Iskandar Data Exchange projects in Johor, the East Coast Rail Link and Pan Borneo Highway in East Malaysia.<\/li>\n<li><strong>The growing tech evolution in the property sector<\/strong> &ndash; offering more solutions to the property selection and decision-making process for home seekers.<\/li>\n<\/ul>\n<p><strong><a href=\"https:\/\/napic.jpph.gov.my\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Source: National Property Information Centre<\/a><\/strong><\/p>\n<hr>\n<p><strong>Would you like to invest in Malaysia, a growing potential and the choice of many?<\/strong><strong> IQI Global is your answer!<\/strong><\/p>\n<p><strong>Let us help you with your investment needs. Fill in your details below, and we will be in touch!<\/strong><\/p>\n\n\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\twindow.hsFormsOnReady = window.hsFormsOnReady || [];\n\t\t\t\t\t\t\twindow.hsFormsOnReady.push(()=>{\n\t\t\t\t\t\t\t\thbspt.forms.create({\n\t\t\t\t\t\t\t\t\tportalId: 5699703,\n\t\t\t\t\t\t\t\t\tformId: \"85ebae59-f425-419b-a59d-3531ad1df948\",\n\t\t\t\t\t\t\t\t\ttarget: \"#hbspt-form-1776751475000-7415096509\",\n\t\t\t\t\t\t\t\t\tregion: \"na1\",\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t})});\n\t\t\t\t\t\t<\/script>\n\t\t\t\t\t\t<div class=\"hbspt-form\" id=\"hbspt-form-1776751475000-7415096509\"><\/div>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>While the current environment of once-again eased restrictions offers room for improvement in Q2 2021, the property market is expected to put in a mixed performance for the duration of the year while pandemic-related uncertainties persist. With the availability and rolling out of the COVID-19 vaccine throughout the country, the National Property Information Centre expects&hellip;<\/p>\n","protected":false},"author":39,"featured_media":32134,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[222,9207],"tags":[1596,487,304,1812,10268],"class_list":["post-32043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","category-newsletter","tag-1596","tag-kuala-lumpur","tag-malaysia","tag-napic","tag-newsletter"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Property Market Q1 2021: COVID-19 vaccine rollout an important 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