PROPTECH AND THE PANDEMIC
Business Today Malaysia|October 2020
Digitisation and PropTech (property technology) have been buzzwords in recent years, but following the impact of Covid-19 and the various Movement Control Orders (MCOs) on businesses and industry as a whole in Malaysia, they have become realities for home seekers, agents, developers and financial institutions alike.
ADRIAN UN

Their influence is seen in numerous facets of the home ownership journey, from property research and project viewings to financing, credit assessment, purchasing and more, as innovative solutions provide accessibility, convenience and automation in areas where they have been lacking.

In terms of immediate impacts, however, there’s no doubt that Covid-19 has changed the way we live. Property portals (76 percent), social media platforms (64 percent), and blogs and online articles (42 percent) are now the most popular sources of property information for home seekers, surpassing property agents (40 percent) and friends and family (29 percent), according to a recent study by PropertyGuru, the nation’s largest property site.

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