Property buyers shift towards affordable housing

Kenanga Research noted that there is still an oversupply of properties, although this is trending downward.

PETALING JAYA: The property sector continues to face headwinds, but a bright spot remains in the affordable housing segment.

There is also optimism in the Johor property market where the Special Economic Zone initiative is expected to fuel growth, while the completion of the Johor Baru-Singapore Rapid Transit System in 2026 will see improved public transport connectivity in the state. However, these developments will take time, said Kenanga Research.