KUALA LUMPUR, JANUARY 16: In a time of economic uncertainty, real estate proves to be a secure investment, showing resilience even after a global financial crisis.
Juwai IQI’s Group Chief Executive Officer (CEO) Kashif Ansari said with that, recent developments in Malaysia’s real estate sector has further solidified investment in real estate as a safe haven, defying market fluctuations and positioning itself as a beacon of stability.
“Real estate has weathered the storms of economic turmoil, including the global financial crisis. The conviction that real estate remains a secure and reliable investment persists, regardless of currency fluctuations.
“Investors worldwide are increasingly turning to real estate as a fortress against market uncertainties, and Malaysia is emerging as a key player in this global trend, he said when met by TVS during the Juwai IQI headquarters launch in Kuala Lumpur on Tuesday (Jan 16).
Adding further, Kashif said Malaysia’s real estate sector is experiencing unprecedented growth, reflecting the broader economic upswing.
“Despite fluctuations in the value of the ringgit, real estate has proven to be a steadfast investment, providing a sanctuary for investors seeking stability.
“The country’s flourishing economy, coupled with a surge in tourism, positions Malaysia as a promising destination for real estate investments,” he added.
In addition to that, he said a buoyant future for the global real estate market has been forecasted with several factors contributing to the nation’s economic vigor.
“The Malaysian landscape is set to benefit from a decline in interest rates, a burgeoning semiconductor industry, and the ever-evolving Electric Vehicles (EV).
“Additionally, a surge in infrastructure projects further solidifies Malaysia’s economic standing, providing a fertile ground for investors,” he added.
However, he added that as the world gears up for the American elections in 2024, there might be a potential short-term slowdown.
“In spite of that, we remains sanguine about the broader global real estate market for the years 2025-2026, underscoring a positive trajectory propelled by diminishing interest rates,” he noted. – TVS
