Residential property loans grew to 8.8% of household debt as at July 2017
“The bulk of household debt was for wealth accumulation with 63% secured by properties and principal-guaranteed investments.”
“The bulk of household debt was for wealth accumulation with 63% secured by properties and principal-guaranteed investments.”
The Kuala Lumpur rental index rose by 3.7% to 133.5 points.
As of June 2017, the existing stock of shopping complexes stood at 15.1 million sq m.
Growth was due to the rebound in starts for shops and serviced apartments.
The Malaysian House Price Index grew moderately to 184.1 points in 2Q2017 from 174.4 points a year ago.
Notably, the overhang in 1H2016 only rose by 28.3% in 1H16 from a year ago.
Due to continued access to housing loans, especially for first-time homebuyers.
“Fail to do so within the timeframe [and] we will intervene, as we are always on the buyers' side.”
Paradigm Mall Johor Bahru features 20,000 sq ft of indoor ice-skating rink and 35,000 sq ft of gourmet supermarket.
Matrix Concepts will be launching Allysum by year end.