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The Covid-19 pandemic has had a sudden and significant impact on all aspects of people’s lives. Businesses will not go back to the way we knew before the pandemic, but we will use this crisis to reinvent ourselves to be more resilient, adapting our operational models to the ‘new normal’.
Every sector must now scramble to adapt to the change brought about by the pandemic, and shift strategic plans to take on the ‘new normal’ and the property industry is no different. While the outlook for the property market looks uncertain in the short term, it is expected for market recovery to happen in the near future, and businesses must strategize for the long run to best capitalise on this.