Author:
Ahmad Shayuti Ahmad Faisal,Razal Muhammad Najib,Ismail Kassim Farin Ain,Abdul Jalil Rohaya
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.
Publisher
Malaysian Institute of Planners
Subject
Urban Studies,Geography, Planning and Development
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