MIDF Research said most property developers recorded earnings growth in the first half of the year due to stable progress billings.
PETALING JAYA: Strong property demand, coupled with improving sentiment, is helping to drive down the number of unsold properties in the market, with Bank Negara data showing a healthy jump in total loan applications in July 2024 compared with June 2024.
According to Bank Negara data, total loan applications for property jumped 18.9% month-on-month to RM62.8bil in July, with the month’s loan applications being the highest level since 2021.
