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According to data released by Bank Negara Malaysia, total loan applications for purchase of property were off to a weaker start in 2025 as loan applications declined by 12.

Judge Datuk Lee Swee Seng, who led the three-member bench, fixed Nov 7 as the hearing date for both appeals, as both parties agreed that it would proceed without grounds to High Court judge Datuk Ahmad Shahrir Mohd Salleh’s decision on Aug 7, which contains the order for the registration of the transfer.

The appeal was scheduled to be heard before a three-member Court of Appeal bench led by Datuk P Ravinthran, but following the discontinuance of the appeal, it was struck out.

The officer confirmed that there was no written application for the loan, and hence there was no rejection of the loan.

The appellate court had initially fixed last Oct 24 for the hearing of Semantan Estate’s appeal, but senior federal counsel Shamsul Bolhassan sought an adjournment following a negotiated settlement taking place.

Pointing to recent news on the possibility of a high-speed rail (HSR) project between Ipoh and Kuala Lumpur, MIDF said the project would improve demand for properties in Ipoh and concurrently benefit property developers that have exposure in the state.

“There has been some development following a change in government and ministers.

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