More developers to launch new projects in H2

Tong said the end of Covid-19 pandemic and the conclusion of the six-state elections could spur fresh optimism in the property market.

PETALING JAYA: Although the local property sector remains on a steady footing, new growth catalysts are required to give it a shot in the arm, say industry insiders.

A Real Estate and Housing Developers’ Association Malaysia (Rehda) survey revealed that respondents (property developers) had a “neutral” view of the business and property industry outlook for the second half of 2023 (2H23), with increased optimism for 1H24.