Lending rates may be up, but experts still optimistic on housing market
“I am cautiously optimistic on the Malaysia property market going forward in the short-term perspective.
Malaysia's property sector poised for sustainable growth in 2023, says Knight Frank
The residential property market staged a strong rebound in 2022 with a 22.
Demand for warehouses and data centres booming, two sectors drive growth in Malaysia’s real estate
The demand for warehouse space remains high, with manufacturers being the main drivers as they expand their logistics space.
KL Fringe and KL City office markets to thrive in 2023, says JLL
With the adoption of a hybrid workplace, companies are also looking for space that offers greater flexibility of space planning.
RHB Research's optimism on Iskandar property market grows as market moves past property glut
Apart from that, rentals for condominiums in Singapore grew 32% annually in the first quarter of 2023, while the government has also imposed a steeper stamp duty starting April.
Increase in legal fees will, however, be set off by (legal) discounts
As the increase in legal fees is reasonable and not significant when compared against the property value or loan amount, it is not expected to cause a domino effect towards the rising cost of living or house prices.
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.
RHB IB sees strong property sales momentum for 2023, 2024
In a sector update on Monday (July 17), the research house said it believes property sales momentum will stay strong this and next year, with the Johor property market seeing sustainable recovery going forward.
90% respondents say ESG considerations shape corporate real estate strategies – Knight Frank survey
More than 50% of respondents are taking tangible steps towards ESG integration, either by establishing ESG plans or net-zero carbon targets.