Slowdown in property demand to persist until 2017

Maybank Investment Bank Research expects the slowdown in property demand to persist for another 12 months until 2017, reported The Star. “While some projects have shown some signs of sales stabilisation, there are no signs of a broad-based pick-up just yet. We expect overall property sales to stay weak amid the slowing economic momentum,” it … Read more

REIT sector within expectations, MGS yield assumption raised

  MIDF Research expects higher volatility for Malaysian Government Securities (MGS) yield next year, as the latest quarterly results within the real estate investment trust (REIT) sector came in within expectations with two beating expectations, reported The Borneo Post. In MIDF Reasearch’s universe of six REIT stocks, earnings of KLCCP Stapled Group and IGB REIT … Read more

2016 expected to be a tough year for property market

Investment guru Datuk Gavin Tee expects 2016 to be “the worst year for Malaysian property” on the back of weaker economic growth, loss of pricing power and dimmer financing, reported The Malaysian Reserve. “2015 was bad, and 2016 will be worse,” said Tee at a briefing in Kuala Lumpur. “I’ve travelled all over the region, … Read more