MIDF Research stays neutral on property sector, sees improved buying sentiment on unchanged OPR
Additionally, Low believed that the unchanged OPR is expected to help property developers with financing costs.
Additionally, Low believed that the unchanged OPR is expected to help property developers with financing costs.
With built-ups from 3,455 square feet (sq ft) to 10,559 sq ft, these units come with a starting price of RM1.
DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur DONE DEAL: Terrace house, Bandar Mahkota Cheras, Selangor Bandar Sungai Long, located in Kajang, is a thriving township undergoing significant development.
“The overall duration of the project shall be 15 months from July 15, 2023.
RHB’s Loong Kok Wen said she expects its investment properties to drive earnings slightly in the coming quarters, premised on higher occupancy rates.
PAM said this is due to an alarming increase in the unnecessary felling of street trees by local governments in the Greater Kuala Lumpur region.
The research house’s view contradicts OCBC’s and UOB’s view that BNM will hold the OPR at 3% for the rest of the year, but aligns with MIDF Research's view that an increment will occur in the second half of the year.
Domestically, the central bank noted that following its strong outturn in the first quarter of the year, the local economy has since expanded at a more moderate pace as exports were weighed down by slower external demand in line with expectations.
“We see TRX as a city-defining project.
BNM’s latest OPR decision follows the 25 basis point (bps) hike in May as it moved to further normalise monetary policy in line with resilient domestic growth prospects.