Weekly Industry News

Spillover effect a plus point for industry

Weekly Industry News

AT THE Real Estate and Housing Developers’ Association’s (Rehda) property market outlook briefing earlier this week, the general consensus was that the industry, despite maintaining a cautious outlook, is already anticipating a much needed recovery.

Rehda president Datuk Soam Heng Choon says the recovery will be underpinned by the nationwide vaccine rollout, which will in turn spur the economic recovery and boost sectors such as the property market.

Soam emphasises that the pick-up in the local property market will also have its own spillover effect.

Media Title: The Star
Date: 03 Apr 2021

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