Property stocks hammered

I've been a bull on certain properties, but certainly not all. Here is Sunway and SP Setia. I don't necessarily recommend these companies as their property mix is weighted toward the high end.



If we should see Sunway and SP Setia start to stabilize, then counters like SPB will have a bit of the sector stigma lifted.

SPB develops housing with a much lower price point than its peers.


Be patient until the property sector as a whole stabilizes before buying select property counters.