Long road to recovery for property sector


Alliance DBS Research likes Sunway for its focus on sustainable township developments with multi-disciplinary expertise which has resulted in superior integrated "build-own-operate" model with a proven track record.

KUALA LUMPUR: Alliance DBS Research estimates that Malaysia’s property market will need at least another three years to absorb the unsold properties, assuming status quo in historical transaction volume.

“Therefore, a meaningful recovery for the property market is only expected by 2023, ” it said in a research note on Thursday.

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