KUALA LUMPUR, 5 May 2020 – PropertyGuru has responded by developing a dedicated content hub to help current homeowners and home seekers navigate these constantly changing times.
Evidence-based insights are updated frequently at their website to provide support to better navigate buying, selling or renting a home during and post COVID-19, through 2020.
In reaching out to distressed Malaysians whose lives have been disrupted by COVID-19, PropertyGuru has also launched #LendASpace and #NeedASpace to match owners with unused spaces to those in need of accommodations amid this unprecedented national crisis.
Targeted at frontline workers struggling with long daily commutes, tourists and international workers affected by cross-border lockdowns, and anyone struggling with loss of income following the Movement Control Order (MCO), the initiative is part the PropertyGuru Malaysia #LoveHome effort dedicated to providing a raft of relief and support measures.
Individuals or companies who are able to help those who need a home can #LendASpace at https://www.propertyguru.com.my/covid-19/lend-a-space.
Those who #NeedASpace to temporarily stay in can check out https://www.propertyguru.com.my/covid-19/need-a-space.
According to the PropertyGuru Malaysia Consumer Sentiment Study H1 2020, nearly 20% of Malaysians are renters. Of these, most are single women with low to medium income.
These demographics may struggle to pay rent amid the MCO, as it becomes more difficult to find accommodations on a day-to-day basis in the wake of larger economic headwinds.
The initiative is in line with the group’s goal to bring industry stakeholders together, through technology, to address issues close to the heart of Malaysians everywhere.