Property developer mostly reported positive growth in earnings for 2023, to continue this year, supported by the implementation of Government’s value added tax incentive policy. Property sector is then expected to have a 7-10% growth this year. That said, the residential sub-sector will remain the favourite in 2024 considering that currently the housing backlog has reached 12.7 million units. In addition, there is an increase in demand from end users by 800,000 units every year.To subscribe please click here
