Property sector likely to recover in H2 of 2018

Key concern: Although mortgage applications and approvals have improved in the first half, the property sector’s fundamentals remain weak, according to Maybank Research.

PETALING JAYA: The Malaysian property sector is expected to recover in the second half of 2018 even as mortgage loans applications and approvals could be bottoming out, according to a Maybank Research report.

The research house is maintaining a “neutral” call on the sector and is expecting an “L-shaped recovery”.