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Gradual reopening of economy will help lift sector
THE property sector has more room to run as the economy starts to recover in the second half of 2021 with herd immunity to Covid-19 expected by end-2021, according to PublicInvest Research.
KUALA LUMPUR: Maybank Investment Bank Research believes there are limited upsides in the property sector despite a looming recovery as the positives have largely been priced in.
Overall value of transactions is nearly half of market
PETALING JAYA: The Malaysian hotel industry, which has been hit hard by the Covid-19 pandemic, is expected to almost double its average occupancy rate (AOR) during the Hari Raya week later this month.
THE Malaysian residential property market saw a slight improvement in its overhang situation last year, mainly due to a slowdown in transactions as a result of the global pandemic.
KUALA LUMPUR: The Malaysian property market has been fairly sustainable as it underwent a consolidation mode despite the Covid-19 pandemic in the past 12 months.