Residential property mart to stay 'encouraging'

The residential property market is expected to remain rather encouraging
next year as consumers start to focus on affordable homes.

OSK
Research Sdn Bhd said the fact that most of recent launches were of
units in the high-end segment could signal that the upcycle is at its
tail-end and developers were rushing to capture any remaining upside
before the sentiment for such properties turns sour.


"Subsequently, we expect developers to shift to the more affordable
mass-market housing segment to tap into the high demand by first-time
young buyers," it said in a research note today.

The shift
became more apparent recently when high-end developers such as SP Setia
and Mah Sing acquired sizeable pieces of land in the Klang Valley for
developing townships that offered affordable housing.

"For those
which remain focused on the high-end market, we see them offering
smaller housing units with the aim of making the price per unit appear
more affordable," it said.

OSK maintained a "neutral" call on
the property sector, on the fact that property counters tend to
underperform or market perform when sentiments weaken. -- Bernama

500! hope to buy one of these soon

Cals wrote:500! hope to buy one of these soon [You must be registered and logged in to see this image.]

mayb nxt yr ? [You must be registered and logged in to see this image.] +1 = 119

hlk wrote:

Cals wrote:500! hope to buy one of these soon [You must be registered and logged in to see this image.]

mayb nxt yr ? [You must be registered and logged in to see this image.] +1 = 119

indeed and invite you guys in BC for makan2

buy the share also can