THE Johor residential property market witnessed plenty of uncertainty over the past couple of years as a result of the Covid-19 pandemic. However, amid brighter economic prospects and better control over the Covid-19 crisis in the country, the market is expected to stage a sustainable recovery in 2022. However, Samuel says the Johor residential market is only expected to see a marginal improvement rather than a V-shaped recovery. “Landed residential units priced below RM700,000 in good locations are still in demand. In the first nine month of 2021, Lo says the Johor property market suffered due to lengthened lockdown periods that were implemented by the government.

Source: The Star January 29, 2022 00:16 UTC