Daily Industry News Update (6 March 2021)

INDUSTRY NEWS (6 MARCH 2021)

Developers turning more upbeat about property sector — Maybank IB Research

Maybank Investment Bank Research (Maybank IB Research) said today the worst is over for the property sector as it believes the sector should continue to be driven by a better economic outlook, historically low interest rate environment and pent-up demand. Its analyst Wong

Stuck At Home Again But All Is Not Lost

The return of another MCO environment brought despair to many as the market saw again a period of temporary closures for many business outlets except those handling, distributing and selling necessity goods and services. For the property market, experts took it as another

Market activity remains muted in 4Q, but higher buying interest seen

The residential property market in Greater Kuala Lumpur is expected to see minimal price movements amid uncertainties on multiple fronts. Meanwhile, the recovery of the economy and property market will depend on the rollout of Covid-19 vaccines in the country, says Savills

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