Property sector big beneficiary of Penjana


TA Research said because of the weak consumer sentiment and stringent lending practices remained key reasons for the lacklustre property sales, it maintained its “neutral” stance on the property sector.

PETALING JAYA: Incentives introduced under the fourth Covid-19 stimulus package, dubbed Penjana, will help boost investor sentiment towards the property sector.

Nevertheless, analysts in general remain largely neutral on the sector, citing subdued prospects due to the challenging economic outlook.

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