KUALA LUMPUR, Dec 12 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects brighter earnings prospects for property developers to continue in 2026, supported by higher sales secured in 2024 and 2025.
In a note today, MBSB IB said developers’ growing exposure to industrial property projects will partially underpin growth in new property sales.
“We remain positive on the sector, as buying interest in properties remains resilient, as indicated by growth in loan applications.
“We are also not overly concerned about the rising residential overhang in the third quarter of 2025, as overhang levels in key states remain healthy,” it added.
The investment bank said new property sales are mostly on track to meet targets set by management, indicating that sales momentum remains stable.
“Looking ahead, we expect buying interest to stay resilient in 2026, supported by the outlook for house prices in Malaysia, as well as infrastructure developments including the Johor Bahru–Singapore Rapid Transit System and the Johor–Singapore Special Economic Zone, which should boost overall demand for property in Malaysia,” it said.
-- BERNAMA