Property Hunter Magazine Property Hunter Magazine Issue 55 - June 2014 | Page 68

/// Banking and Investment News Property Lending Remains Strong How GST Will Impact Home Prices & the Property Market BEFORE & AFTER GST - A COMPARISON Despite the government’s real estate curbs, lending to the property sector is expected to remain robust this year, according to Malaysian Rating Corp Bhd (MARC) Chief Economist, Nor Zahidi Alias. “Lending to the sector will still remain resilient this year. Part of the reason as documented by Bank Negara in its latest annual report is that property prices remain elevated. This will induce investors to keep focusing on property investment, as it is often the sa