top of page

3 Trends Spotted In Property Market Since OPR Cuts Announced In 2020

  • Writer: Freeman Woo
    Freeman Woo
  • Sep 26, 2020
  • 1 min read

According to PropertyGuru’s Malaysia Consumer Sentiment Study H2 2020 report, over 80% of respondents were expecting a reduction in the home loan interest rate, due to the sluggish economy. And it would seem like they got their wish.

In 2020 alone, BNM cut the OPR by four times so far, in an effort to cushion the negative impact on the economy from the COVID-19 pandemic. It went from a rate of 3.00%, all the way to 1.75%, the lowest level on record!

We’ve observed that the many reductions of the OPR since January 2020 may have had some effect on the property buying behaviour of Malaysians, so we decided to take a closer look!

Trend #1Increase In Interest For Properties Below RM700,000


Full story refer to link below:


Regards,

Freeman Woo & Team



 
 
 

Commentaires


Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • Pinterest
All-Star-Negotiator-3-stars.jpg
Copyright © 2014-2020 Freeman Woo Real Estate Sdn Bhd
bottom of page