Housing ministry ready to look into property glut

  PETALING JAYA (Nov 21): The Urban Wellbeing, Housing and Local Government Ministry is ready to look into the issue of excessive property stock, especially unsold residential units, with various parties to resolve the problem.

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‘Brace for rate hikes next year’

KUALA LUMPUR (Nov 20): As the Malaysian economy put its foot on the gas pedal in the third quarter of the year, the strong growth has given the central bank more flexibility to adjust interest rates.

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UPDATE Single authority for property market

KUALA LUMPUR (July 26): The government is looking into establishing a single authority to monitor Malaysia’s property market, amid issues of supply and demand mismatch within the affordable housing segment.

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