News by TheEdgeMarkets.com

"Amid the positive growth prospects for the Malaysian economy, the MPC decided to further adjust the degree of monetary accommodation. This is consistent with the MPC’s view that the unprecedented conditions that necessitated a historically low OPR have continued to recede," BNM said.

According to Tong, the expo will offer a wide range of properties, from affordable housing units to high-end/premium units. “This is an opportunity for everyone and we strongly encourage people who are still looking to buy properties to come to the expo, as properties can be a good hedge against inflation because property values over time tend to stay on a steady upward curve.”

In a statement on Tuesday (July 5), Battersea Power Station Development Company (BPSDC) chief executive officer Simon Murphy said the company is now working with the retail and leisure brands as they fit out their spaces ahead of the opening of the building to the public for the first time in autumn.

In a Bursa Malaysia filing on Wednesday (July 6), the group said its 70%-owned subsidiary Lestari Duta Sdn Bhd and Mujur Sinarjaya Sdn Bhd had entered into a sales and purchase agreement with Aspen Bell Avenue Sdn Bhd on Jan 27.

Sunsuria Bhd and Concord College International Ltd have entered into a strategic partnership to establish and operate Concord College International, a British international school in Sunsuria City, Sepang, Selangor.

Naza TTDI Sdn Bhd commemorated the topping out of MET 1 Residences of MET 1 on June 30 to mark the completion of the residential development, which is located within the 75.5-acre KL Metropolis in Segambut, Kuala Lumpur.

Mah Sing Group Bhd has launched its own homeownership campaign, dubbed "H.O.M.E" (Home Ownership Made Easy). Running from July 1 until Sept 30, the campaign aims to address homebuyers’ main concerns of saving up for a down payment, qualifying for a loan, and paying monthly housing instalments.

Hong Leong Investment Bank (HLIB) Research said 1H22 domestic contract awards totalled RM4.5 billion (-49% y-o-y).

OSK Property has launched its low-density leasehold residential development called LEA by the Hills in Taman Melawati, Selangor on Saturday (July 2).

Sabah state government’s strategic investment arm Qhazanah Sabah Bhd (QSB) has signed a memorandum of understanding (MoU) with Berjaya Land Bhd to explore the possible relocation of Kota Kinabalu International Airport (KKIA) to Kimanis.