Malaysia’s household debt ratio down but still high, says BNM
PETALING JAYA (March 27): Malaysia’s total household debt to gross domestic product (GDP) ratio has eased further for the fourth consecutive year to 83% at end-2018 compared with 83.
PETALING JAYA (March 27): Malaysia’s total household debt to gross domestic product (GDP) ratio has eased further for the fourth consecutive year to 83% at end-2018 compared with 83.
PETALING JAYA (March 27): Overall loan approval rates for property purchases have trended slightly lower at 71.
PETALING JAYA (March 27): Due to large incoming supply, risks are expected to remain elevated for the office space and shopping complex property segment in Malaysia.
PETALING JAYA (March 27): Continuing soft market conditions and affordability issues in the country may see the level of unsold housing units rise further in the short term, however, sharp declines in house prices are unlikely, said Bank Negara Malaysia (BNM) in its Financial Stability and Payment Systems Report 2018.
PETALING JAYA: More developers are optimistic about the industry‘s performance and growth in the second half of this year (2H2019) although take-up rates for new launches are expected to remain at 50% and below.
KUALA LUMPUR (Feb 18): Khazanah Nasional Bhd expected to declare more than RM1 billion of dividend to the government for 2019, said its managing director Datuk Shahril Ridza Ridzuan.
PETALING JAYA (Feb 7): The Employees Provident Fund (EPF) is expected to declare a lower dividend than its 6.
KUALA LUMPUR (Jan 28): The Housing and Local Government Ministry (KPKT) will study the need to enact a Residential Tenancy Act to avoid discrimination against any races or gender, said its minister Zuraida Kamaruddin.
KUALA LUMPUR (Jan 28): Houses under KPKT’s Rent-to-Own scheme can only be resold to the ministry to prevent speculation, said Housing and Local Government Minister Zuraida Kamaruddin.
KUALA LUMPUR (Jan 28): After working for four months, the Housing and Local Government Ministry (KPKT) has finally unveiled the National Housing Policy (Dasar Perumahan Negara/DRN) 2018–2025 today, with the objective of gathering public and private sector resources to solve the demand and supply mismatch problem.