Property market remains robust

The property market, especially the residential sub-sector, has shown strong signs of recovery, spurred by a strong outlook on the economic front and return of positive buyers’ sentiment. There has been a spate of new property launches in many parts of the country; and in the Klang Valley, the market is abuzz with property news on who is developing what. The positive outlook of the stock market and improved market sentiment are also set to spur greater activities on the property front. StarBiz assistant news editor ANGIE NG and reporter PANG HONG YEE take a look at the trends and prospects ahead for the residential property market.  

STRONG buying interest in residential properties will continue to fuel growth in the property market at least over the next three to four quarters, developers and property consultants said.