Real estate sector: The market remained weak due to the high interest rate environment
Posted: Jul 2, 2026
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The property market remained weak as elevated interest rates increased borrowing costs, leading to softer housing demand.
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In addition, investors remained on the sidelines while awaiting urban planning updates in major cities to identify areas likely to benefit, resulting in lower market liquidity YoY.
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With primary market launches remaining subdued during the quarter, Q2/26 net profit of listed property developers was primarily driven by handovers from projects launched in 2024–25.
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