Residential sector to remain resilient

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PETALING JAYA: Real estate players believe that the property market, especially the residential sub-sector, is expected to demonstrate continued resilience, buoyed by steady demand and positive sentiment.

Meanwhile, Lagenda Properties Bhd chairman Tan Sri Ahmad Kamarulzaman Ahmad Badaruddin said the group remains confident of its growth prospects.“We are well-positioned to leverage key government initiatives, particularly the RM10bil housing loan allocation for first-time homebuyers, which will help drive homeownership accessibility.

Separately, Hafizuddin said emerging trade tensions and reciprocal tariffs across major economies, particularly between the West and South-East Asia, present both risks and opportunities.“While prolonged disputes could dampen global trade and investor sentiment, Malaysia stands to gain from supply chain diversification and trade redirection.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAustraliaSingapore

Topics: Tambun Indah Land Lagenda Sime Darby Residential /Business/Business News Property UEM Sunrise

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 699 words

Reading Time: 4 minutes read

Sentences: 14 lines

Sentence Length: 50 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28584714

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 11 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 7 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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