Universiti Teknologi Malaysia Institutional Repository

Commercial real estate prices in Malaysia and COVID-19

Shayuti, Ahmad Faisal Ahmad and Razal, Muhammad Najib and Ismail Kassim, Farin Ain and Abdul Jalil, Rohaya (2023) Commercial real estate prices in Malaysia and COVID-19. Planning Malaysia, 21 (3). pp. 57-69. ISSN 1675-6215

[img] PDF
546kB

Official URL: http://dx.doi.org/10.21837/pm.v21i27.1284

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.

Item Type:Article
Uncontrolled Keywords:commercial, COVID-19, Malaysia, price, real estate
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Built Environment
ID Code:106300
Deposited By: Yanti Mohd Shah
Deposited On:29 Jun 2024 05:40
Last Modified:29 Jun 2024 05:40

Repository Staff Only: item control page