buyappleacc.com is a reputed website selling apple developer account, providing us, China and worldwide developer individual accounts for sale. It's at low price and good quality. Always provides satisfying services!

HomeSocialtext

aws全区号(www.2km.me)_Recovery seen, but at a slower pace

admin2022-01-0829

aws全区号

aws全区号www.2km.me)提供aws账号、aws全区号、aws32v账号、亚马逊云账号出售,提供api ,质量稳定,数量持续。另有售azure oracle linode等账号.

CLICK TO ENLARGEPETALING JAYA: The Malaysian property market is on track for a much-needed recovery in 2022, albeit a bumpy one, as persistent headwinds could still dampen growth within the sector.

RHB Investment Bank in a report yesterday said it was maintaining a cautious view on the property market for 2022.

“Despite an encouraging pick-up in demand for property in 2021, we think there are still some headwinds ahead, which may potentially hinder the continued recovery in property sales as well as earnings growth.

“These include a resurgence in Covid-19 daily infections or the emergence of new variants, building material prices staying at high levels and the potential overhang among property stocks ahead of the general election.”

Additionally, the research house said the low interest rate cycle has fuelled property transaction volumes, but not prices.

“As interest rates have remained low over the past two to three years, the real estate sector in Malaysia did not experience any impact of asset reflation.

“Compared to the past, the interest rate cycle in 2012 and 2013 saw the house price index (HPI) rising between 11% and 13% year-on-year during the period.”RHB Investment Bank in a report yesterday said it was maintaining a cautious view on the property market for 2022.

RHB noted that HPI growth had, however, eased from 3.3% in 2018 to -0.7% in the third quarter of 2021.

“We believe this was largely due to persistent structural issues, whereby the property industry has been experiencing a drawn-out oversupply situation since 2016.

“Therefore, this, to a large extent, has capped the prospects of property price growth.”

Meanwhile, UOB Kay Hian noted that the property sector usually underperformed during rate hikes.

“Historically, residential properties’ transacted volume has trended in tandem with mortgage approval value. Our backtesting suggested that mortgage approval values were lower after interest rate hikes.”

The research house observed that this usually led to an underperformance of the property sector, which had fallen behind the performance of the FBM KLCI after several rate hikes between November 2005 and April 2006.

Similarly, UOB Kay Hian said a similar trend was observed following rate hikes between April 2010 and April 2011, post-Global Financial Crisis.

“While we have projected one rate hike in the third quarter of 2022 (to 2%), we believe the market could start pricing in more rate hikes thereafter, in tandem with the United States bond tapering effect.

Reviews

Popular tags