Rerating of property stocks building up on resilient property sales


“Moving into 2024, we expect much of the sector tailwinds enjoyed in 2023 to diminish,” said HLIB Research.

PETALING JAYA: Property sales will likely remain resilient in 2024, albeit at a moderate pace with launches by developers seen normalising.

The sector had a good year in 2023 as developers scaled up their launches as supply conditions improved.

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