Uptrend emerges for property sector

UOBKH Research maintains an “Overweight” call on the property industry,.

PETALING JAYA: UOB Kay Hian Research (UOBKH Research) is keeping its optimism on the property sector, despite acknowledging that second quarter (2Q24) earnings results for the companies under its coverage were a mixed bag.

The research house said among the eight firms it reports on, four had results that were in line with its expectations, three fell short, while one exceeded projections.