Buying interest in the property sector is expected to remain resilient. SP Setia Bhd group managing director/CEO Datuk Seri Liew Kee Sin is of the view that the property cycle has yet to peak and there are ample opportunities to tap the demand for housing products.
Datuk Michael Yam, CEO of Sunrise Bhd, sees opportunities for office and retail properties to address the imbalances in the property sector, which is currently dominated by the residential sub-sector. Sunrise is embarking on work related to the introduction of Real Estate Investment Trusts (REITs).
Turning challenges into opportunities remains a favourite theme with Tan Sri Mustapha Kamal Abu Bakar, executive chairman of MK Land Holdings Bhd.
During the last downturn, his group had sustained itself by developing and selling affordable homes. MK Land is looking for opportunities to increase its landbank in selected locations.