Daily Industry News Update ( 19 June 2021)

INDUSTRY NEWS (19 JUNE 2021)

Property sector to ride on cyclical recovery, says Public Investment Bank Research

Public Investment Bank Research has upgraded its call on the property sector to “overweight”, as it expects the sector’s valuations to improve with better pre-sales kicking in. Its analyst Tan Siang Hing said in a note today the property sector’s nascent recovery in 2019 was

Property Sector On Track For Recovery, Despite Expected Drop In Sales In Q2

While the one-month full lockdown is expected to affect the property sector’s sales and earnings for the second quarter of 2021, Maybank Investment Bank Research believes the sector is still poised for recovery this year, on the back of record low interest rate and pent-up

Catering for affluent buyers

CT Bhd’s Aetas Damansara, which will overlook the lush Tropicana Golf & Country Resort when it is completed in 2025, is poised to be a landmark development in the area. With property values in this mature and affluent neighbourhood consistently appreciating over the

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