Sharp housing loan rebound good sign for developers


MIDF Research said the sharp rebound in housing loans in October is a sign of better sales prospects for developers.

PETALING JAYA: Rising housing-loan approvals and lower inventories indicate the residential property sector is set to see improved sales, more so with the help of policy measures such as the Johor-Singapore Special Economic Zone (SEZ).

MIDF Research said the sharp rebound in housing loans in October is a sign of better sales prospects for developers.

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