And while developers continue to focus on shifting current inventory, by the second half of the year new launches are expected to resume. The combined sector’s presales growth is estimated to be 15 percent Y-o-Y. This is higher than RHB’s earlier expectation of eight to ten percent growth. Condominium presales growth is expect to be around 21 percent Y-o-Y while landed property is estimated to be nine percent Y-o-Y.