The implementation of the Movement Control Order (MCO) 2020 by the Malaysian government due to the COVID-19 crisis has caused many home buyers, sellers, tenants and landlords to press pause in their property transaction journey. Ohmyhome’s Property Agent, Vince Lai, shared his thoughts on the MCO impact on Malaysia’s property market.
According to Vince, the restriction of movement would see a halt in all businesses tied to the industry. All developer sales galleries would be closed, and there would be no viewings during the two weeks (18-31 March 2020) of the MCO. This means no buyer or seller activities can take place. Services such as construction, renovation, and legal conveyancing matters would also be unavailable.
If you prefer expert guidance, reach out to our friendly customer care team and start planning out the best ways to market their property once the order is lifted. Buyers and tenants can get matched with readily available listings in our database.
Once the MCO is lifted, you’ll have a headstart on your property journey!
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The uncertain property market might have you feeling stuck, but that isn’t necessarily the case with Ohmyhome’s one-stop housing solution. Whether you’re a buyer, seller, landlord or tenant, head to the Ohmyhome blog to answer some of your most pressing property-related questions, or to stay informed on the latest real estate news to make smart and informed decisions.