Positive outlook for property sector this year


Buying interest is expected to remain healthy, underpinned by a declining property overhang in Malaysia.

PETALING JAYA: The outlook for the property sector remains positive this year as buying interest is expected to remain healthy, underpinned by a declining property overhang in Malaysia.

MIDF Research said other catalysts include the Johor-Singapore Special Economic Zone (JS-SEZ), booming data centre and industrial property development, and an unchanged overnight policy rate at 3%.

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