Optimistic outlook for sector on rising sales


MIDF Research said that the stronger loan applications are positive for the property sector as it indicates stronger buying interest.

PETALING JAYA: MIDF Research says the demand for property will be stronger in 2023 due to the improving conditions in the country, an idea that is probably in contrast with public sentiment.

The numbers seem to back that opinion up however, as the research house revealed that loan-application data from Bank Negara has shown that buying interest in property remains encouraging.

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