Steady demand projected for Malaysia property sector

HLIB Research believes the housing oversupply is easing, which in turn will support a more healthy increase in house prices going forward.

PETALING JAYA: The local property sector is not out of the woods going into 2023, with its long-term dynamics still on the mend, says Hong Leong Investment Bank (HLIB) Research.

In its latest report, the research house believes the housing oversupply issue is easing, which in turn will support a more healthy increase in house prices moving forward.