Klang Valley MarketView 4Q 2021 GDP contracted 4.5% in 3Q 2021 y-o-y (3Q 2020: -2.7%), -0.3% q-o-q (2Q 2021: 16.1%). All economic sectors recorded a decline, while the manufacturing sector remained resilient with some recovery in production. • Sentiments have improved with a pick-up in the Consumer Sentiment Index (CSI) to 58.2% q-o-q (101.7 points), the Business Conditions Index (BCI) to 10.9% (97...
Research Report
CBRE | WTW Market Outlook Report 2022 Malaysia’s economy contracted 4.5% in 3Q 2021 y-o-y (3Q 2020: -2.7%), while it contracted by -0.3% q-o-q (2Q 2021: 16.1%). The Gross Domestic Product (GDP) growth was weighed down by strict containment measures from Phase 1 of the National Recovery Plan (NRP) as reported by Bank Negara Malaysia (BNM).All economic sectors recorded a decline during the review...
CBRE|WTW Market Outlook Abridged Report 2022 Malaysia’s economy contracted 4.5% in 3Q 2021 y-o-y (3Q 2020: -2.7%), while it contracted by -0.3% q-o-q (2Q 2021: 16.1%). The Gross Domestic Product (GDP) growth was weighed down by strict containment measures from Phase 1 of the National Recovery Plan (NRP) as reported by Bank Negara Malaysia (BNM).All economic sectors recorded a decline during the...
Klang Valley MarketView 3Q 2021 GDP rebounded by 16.1% in 2Q 2021 (1Q 2021: -2.3%). Except for agriculture, most economic sectors recorded an uptrend.Private consumption improved 11.6% y-o-y, underpinned by the demand for necessities.Unemployment rate persisted at 4.8% (1Q 2021: 4.8%) despite a contracting labour force, lower retrenchments and increased hiring activities.Bank Negara Malaysia projected...
PROPERTY MARKET PERFORMANCE 1H 2021 Interrupted Market Recovery In 2Q 2021, the Malaysian economy rebounded by 16.1% as compared to 2Q 2020 (-17.2%), after the plunge y-o-y. The construction sector recorded growth of 40.3%, buoyed by continued large infrastructure works and projects implemented under stimulus packages, e.g., PEMERKASA and PEMERKASA+. The manufacturing sector expanded 26.6%. However,...
Klang Valley MarketView 1Q 2021 GDP fell to -3.4% in 4Q 2020, translating -5.58% for overall 2020 (2019: 4.3%). Except manufacturing, all economic sectors recorded negative growth. Download attachment (s):- Klang Valley Market View 1Q...
An Introduction To Malaysia's Logistics (October 2020) The volume of exports and imports in Malaysia far exceeds the needs of its population in terms of proportion, which underlines the future direction of Malaysian logistics to serve regional / global markets. In 2019, Malaysia’s registered total trade value of RM1.8 trillion. The manufacturing sector is the principle contributor to Malaysia’s total...
CBRE|WTW Market Outlook Abridged Report 2021 Malaysia recorded a Gross Domestic Product (GDP) contraction of 2.7% in 3Q 2020 q-o-q as compared to 2Q 2020 ( 17.1%). Nevertheless, Bank Negara Malaysia (BNM) anticipates a contraction between 3.5% and 5.5% of GDP growth in 2020. In terms of recovery momentum, manufacturing (3.3%) and construction ( 12.4%) showed the...
CBRE|WTW Market Outlook Report 2021 Malaysia recorded a Gross Domestic Product (GDP) contraction of 2.7% in 3Q 2020 q-o-q as compared to 2Q 2020 ( 17.1%). Nevertheless, Bank Negara Malaysia (BNM) anticipates a contraction between 3.5% and 5.5% of GDP growth in 2020. In terms of recovery momentum, manufacturing (3.3%) and construction ( 12.4%) showed the strongest resilience and...
According to Bank Negara Malaysia, GDP growth is expected to contract between -2.0% and 0.5% by year end amid the impact of Covid-19.