Property
Heat attracting attention• A hot property market could lead to potential
introduction of mortgage cap and full return of RPGT
(5-30%).
• Potential negative knee-jerk reaction if this materializes,
but impact may be temporary and not as bad as
feared.
• Measures targeted at speculators, mass residential
should be less affected.
• Maintain positive view on sector. Top pick: SP Setia.
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