Positioning for the future

Lee says the country’s property market performance is expected to grow in line with the moderately lower economic growth projected for 2023, buoyed by domestic consumption due to slower external demand from weakening global trade.

WHILE 2023 has so far been a good year for the property market, it has not been without challenges, with developers incorporating unique strategies to remain competitive and profitable.

Going forward, some will be focusing on seeking opportunities on the local front, while others will be looking to expand their presence overseas.