COMMERCIAL REAL ESTATE PRICES IN MALAYSIA AND COVID-19

Authors

  • Ahmad Faisal Ahmad Shayuti Faculty of Built Environment and Surveying, UNIVERSITI TEKNOLOGI MALAYSIA
  • Muhammad Najib Razal Faculty of Built Environment and Surveying, UNIVERSITI TEKNOLOGI MALAYSIA
  • Farin Ain Ismail Kassim Faculty of Built Environment and Surveying, UNIVERSITI TEKNOLOGI MALAYSIA
  • Rohaya Abdul Jalil Faculty of Built Environment and Surveying, UNIVERSITI TEKNOLOGI MALAYSIA

DOI:

https://doi.org/10.21837/pm.v21i27.1284

Keywords:

Commercial, Real Estate, Price, Covid-19, Malaysia

Abstract

The consequences of the coronavirus disease 2019 (COVID-19) pandemic on commercial real estate pricing are examined in this article, with a focus on the Malaysian market. It begins by pointing out certain cautions to keep in mind while using direct real estate indices. The authors then look at how commercial real estate prices changed during the epidemic, highlighting disparities between property kinds. This study uses data from both direct and listed real estate to achieve this goal and goes on to explore changes in the primary elements driving commercial real estate pricing. The essay then moves on to the expected future trajectory of commercial real estate values. Retail and hospitality assets, as well as, to a lesser extent, office buildings, were shown to be the most affected by the findings.

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Published

2023-07-26

How to Cite

Ahmad Shayuti, A. F., Razal, M. N., Ismail Kassim, F. A., & Abdul Jalil, R. (2023). COMMERCIAL REAL ESTATE PRICES IN MALAYSIA AND COVID-19. PLANNING MALAYSIA, 21(27). https://doi.org/10.21837/pm.v21i27.1284

Issue

Vol. 21 (2023): PLANNING MALAYSIA JOURNAL : Volume 21, Issue 3, 2023

Section

Article

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eISSN: 0128-0945 © Year. The Authors. Published for Malaysia Institute of Planners. This is an open-access article under the CC BY-NC-ND license.

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