Maybank Investment Bank Bhd: Property market is now positive and not just neutral

Maybank Investment Bank Bhd: Property market is now positive and not just neutral

This was just posted yesterday: HLIB Research says that the property upmarket has started. HLIB gave reasons why it said that the property upmarket cycle has started and will last for a few years to come.

Now, we have another major or I should say biggest investment bank who has the same opinion based on all the research and data analysis which they have done. Let’s face it, there’s no way people could come up with this conclusion except that they have spent a lot of time analysing and get second opinions and then look at all the market trends and maybe more and then only they decided that they want to change their assessment of the property market from neutral to positive.

Article in edgeprop.my. KUALA LUMPUR (Aug 6): Maybank Investment Bank Bhd (Maybank IB) has upgraded the property sector to “positive” from “neutral”, following a recent sell-down that revealed the sector’s value.

In its research note, Maybank IB highlighted that sector fundamentals remain strong, driven by resilient property sales, particularly in the industrial property segment.

“We believe that the key thematic driver for the sector in the medium term will be investments in data centres, which could accelerate the monetisation of land value. “Investors should take this opportunity to position themselves ahead of forthcoming developments, such as the Johor-Singapore Special Economic Zone (JS-SEZ), (new) data centres, and the Kuala Lumpur-Singapore High-Speed Rail (KL-Singapore HSR),” it said. Please do read the article in full here: Article in edgeprop.my.

Rising tide lifts all ships and boats?

Still, some boats have leaks in them yeah. Overpriced properties will be dangerous. Use rental as a gauge, use the price per sq ft of similar properties nearby as a gauge, use total price as a gauge. Let’s understand that if the property is only for a single person, then the price cannot be too high because this one person will have limitations in downpayment which one person could afford yeah.

When it comes to property, any report for the overall market must be taken with due diligence because just because the average price going up does not mean all property prices are moving up. Meanwhile research house definitely have some bias too because they are also a stakeholder within the property industry too. Thank you for reading and understanding.

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