Property sales recovery likely in H2

Not bad: The research house says the property sector’s fundamentals are better than initially perceived.

PETALING JAYA: Property sales are expected to recover in the second half of 2016, driven by higher consumer confidence and improved economic outlook.

CIMB Research in a report said it is maintaining an “overweight” call on the local property sector, adding that the situation was “not as dire as initially thought.”

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Business , Property , CIMB , outlook , economy , H2 , second half , 2016stocks , shares ,


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