The asking price for Malaysian residential property will rise despite the Coronavirus pandemic, reports New Straits Times (13 May 2020). In April, a nationwide study by property portal Juwai IQI showed that residential property prices are expected to surge in 2021. In its Q1 2020 Property Index and Survey for Malaysia, Juwai IQI predicted that residential property prices would stagnate this year with an increase of only 1.1 per cent due to the lockdown imposed to contain the spread of Coronavirus. However, Juwai IQI's group executive director Kashif Ansari said the industry is optimistic about a post-pandemic recovery and expects residential prices to rise by 8.6 per cent in 2021.