Rate hike pause expected to buoy property sector

MIDF Research said it expects affordably priced properties to continue having resilient demand, especially among first-time home buyers.

PETALING JAYA: The pause in interest rate hikes by Bank Negara is expected to spur buying interest within the local property market, especially for affordable homes.

MIDF Research in a report yesterday said it expects the affordably priced properties to continue having resilient demand, especially among first-time home buyers.