Lacklustre recovery for real estate


KUALA LUMPUR: Real estate may not be a good hedge against inflation at this time given that property price appreciation will be limited due to the ongoing supply glut, says RHB Research.

Further, the inflation upcycle will not likely translate to substantial demand and earnings growth due to the sharp increase in building materials costs that started in 2Q21.

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RHB Research , real estate , property , inflation

   

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