AmInvestment Bank Research says the growing population, coupled with the structural change in Malaysian households over the years, will continue to fuel rising demand for housing.
PETALING JAYA: There is a bright spot amidst a multi-year slump in the local property market, which is the affordable segment that caters to owner-occupier house buyers versus property investors or speculators, said AmInvestment Bank Research.
The research house, which has initiated coverage on Lagenda Properties Bhd
, said the growing population, coupled with the structural change in Malaysian households over the years, will continue to fuel rising demand for housing.
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