Challenging property sector

File picture shows people checking out on the Savanna project at the Mah Sing Group's booth at the Star Property Fair 2015 in Queensbay Mall, Penang on 04 OCT 2015. - The Star/LIM BENG TATT. Macquarie Research has chosen Mah Sing Group Bhd as its top pick for the local property sector, citing the company

PETALING JAYA: The property sector is expected to remain challenging in 2016, with developers likely to face higher sales and earnings risks.

In a report, Maybank Investment Bank Research said it expected the slowdown in property demand to extend for another 12 months until 2017.