“We remain positive on the property sector as this represents a normalization in rates,” Simone Yeoh, an analyst at JPMorgan, said in a report dated March 4.
By Bloomberg
Friday, March 5, 2010
'Rate hike won't hurt property demand'
Malaysia’s decision to raise interest rates is unlikely to hurt property demand which will be driven by the economic rebound, a strengthening ringgit and affordability levels, according to JPMorgan Chase & Co.
“We remain positive on the property sector as this represents a normalization in rates,” Simone Yeoh, an analyst at JPMorgan, said in a report dated March 4.
By Bloomberg
“We remain positive on the property sector as this represents a normalization in rates,” Simone Yeoh, an analyst at JPMorgan, said in a report dated March 4.
By Bloomberg
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