KUALA LUMPUR: : AmInvestment Research remains cautious on the property sector due to the generally still elevated home prices, the low loan-to-value (LTV) offered by banks and house buyers’ inability to qualify for a home mortgage due to their already high debt service ratios (DSR).
In addition, the still subdued consumer sentiment, against a backdrop of the rising cost of living and elevated household debts, is holding consumers back from committing themselves to the purchase of big ticket items like a house, said the research unit in a report.