Increased appetite for real estate

MIDF Research says the move to retain the OPR at 3% in July may have provided a short-term relief for Malaysia's sector.

PETALING JAYA: The rebound in loan applications and approved loan data in May 2023 is a “slight positive” for the property sector.

MIDF Research said the improvement signalled that the demand for property remains supported, while the outlook of new property sales is expected to be better.