Property stocks rally on declining unsold units, new launches


The property stock rally that began in mid-2023 has yet to lose steam.

PETALING JAYA: Malaysia’s property bull market continues to rage as the Property Index of Bursa Malaysia crossed the 1,000-point mark, a level that was last seen five and a half years ago.

As unsold properties decline and developers keep dishing out new launches, the property stock rally that began in mid-2023 has yet to lose steam.

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