KUALA LUMPUR: OSK Research believes a major mass housing boom will likely occur in the first half of this decade.
In a research note issued on Friday, Sept 3, it said 'we are in the early stage of a property 'super cycle' led mainly by mid-to-high end landed PROPERTIES [] which may peak sometime in 2012/13 and followed by a potential slump'.
It said stocks with focus in the mid-to-high end segment are the best bets for investors in the next 12 months.
Although the expected peak in 2012/13 may have dire consequences, the phenomenal boom that immediately precedes it gives investors an excellent opportunity to profit from the trend for at least the next 12 months.
'We therefore seize the opportunity to upgrade our property sector call to OVERWEIGHT from NEUTRAL,' it said.
In a research note issued on Friday, Sept 3, it said 'we are in the early stage of a property 'super cycle' led mainly by mid-to-high end landed PROPERTIES [] which may peak sometime in 2012/13 and followed by a potential slump'.
It said stocks with focus in the mid-to-high end segment are the best bets for investors in the next 12 months.
Although the expected peak in 2012/13 may have dire consequences, the phenomenal boom that immediately precedes it gives investors an excellent opportunity to profit from the trend for at least the next 12 months.
'We therefore seize the opportunity to upgrade our property sector call to OVERWEIGHT from NEUTRAL,' it said.
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