Plenty to smile about

PETALING JAYA: Analysts are positive on the prospects of the property sector, which will benefit from Budget 2024’s latest policies and incentives.

For MIDF Research, the property sector is expected to benefit from easing conditions for Malaysia My Second Home (MM2H) applications, the RM10bil allocation to expand the Skim Jaminan Kredit Perumahan and the infrastructure projects, the light rail transit three (LRT 3) and Penang LRT, which will support demand for property in the Klang Valley and Penang.