Sentiment on property stocks set to improve


Going well: The signature pavillion at the South Creek community park in Setia EcoHill 2. Its Acorus project, which was launched via a special online preview, saw its double-storey terrace units being fully taken up before Chinese New Year.Going well: The signature pavillion at the South Creek community park in Setia EcoHill 2. Its Acorus project, which was launched via a special online preview, saw its double-storey terrace units being fully taken up before Chinese New Year.

THE property sector has more room to run as the economy starts to recover in the second half of 2021 with herd immunity to Covid-19 expected by end-2021, according to PublicInvest Research.

The research unit has upgraded its property sector call to “overweight” on expectations that sector valuations will improve with better pre-sales kicking in.

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