Blog: Real Estate - Ready For a Rebound

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3 comment(s). Last comment by Icon8888 2014-03-27 11:56

Icon8888

18,659 posts

Posted by Icon8888 > 2014-03-27 11:48 | Report Abuse

RHB's view is consistent with the KLCI Property Index, which achieved a bullish breakout recently.

Affin's view is negative. The analyst apparently didn't cross check with the index (technical analysis)

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-03-27 11:52 | Report Abuse

Property stocks should do well this year not next year! Once GST kicks in, property markets will subdued! People will rush in to buy before escalation of cost! GST may play a part in increased cost of constructions!

Icon8888

18,659 posts

Posted by Icon8888 > 2014-03-27 11:56 | Report Abuse

I agree with RHB's view that the bad news on property industry has been priced in. Shoud be looking to the future instead of the past.

The smart money has already got that message earlier than everybody else. That is why the property index has been going up in past few weeks

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