Resilient buying interest to buoy property market


MBSB Research said earnings outlook for the sector is expected to remain steady, backed by stable prospects for property sales.

PETALING JAYA: The property market is expected to see healthy demand in the near-term, supported by resilient buying interest although increasing property overhang remains a growing concern.

In a note, MBSB Research said it is positive on the sector, with the Johor Baru–Singapore Rapid Transit System and Johor-Singapore Special Economic Zone as key catalysts.

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