INDUSTRY NEWS (21 JUNE 2021)
Property sector upgraded to ‘Overweight’ despite lockdown restrictions
Analyst has upgraded the property sector to ‘Overweight’ on expectation that sector valuations will improve with better pre-sales kicking in. Public Investment Bank Bhd said the property sector’s nascent recovery in 2019 was circumvented by the pandemic-induced
Bank Negara to revise “unfair housing loan terms”: It’s about time!
The National House Buyers Association (HBA) welcomes the announcement by Bank Negara Malaysia (BNM) that “unfair housing loan terms to be revised”. For too long, borrowers have been at the losing end of such unfair terms of the housing loan and have no choice but to
‘Sentiments for property stocks to improve in 2H21’
Analysts believe that despite generally weaker sentiment in the property market, sentiment toward property stocks will improve once property sales recovers more strongly in the second half of 2021 (2H21). The research arm of Public Investment Bank Bhd (Publiclnvest Research)
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