Developers’ shrinking unbilled sales not quite a concern
KUALA LUMPUR (July 31): The contraction in unbilled sales in the past one year may not pose that much of a concern to property developers’ earnings.
Bank Negara Malaysia maintains OPR at 3%, says inflation moderating
KUALA LUMPUR (July 13): Bank Negara Malaysia maintained the overnight policy rate (OPR) at 3.
Bank Negara: Three things that could enhance Malaysia’s affordable housing ecosystem
PETALING JAYA (July 4): A sound, innovative and coordinated public policy is needed to address the affordable housing challenge, said Bank Negara Malaysia deputy governor Abdul Rasheed Ghaffour in his keynote address at the “Dialogue on Sustainable Development of Affordable Housing” organised by Cagamas Holdings Bhd in Kuala Lumpur today, He said a central authority could lead, oversee and coordinate affordable initiatives for the nation that would promote greater strategic and operational cohesion at the national level.
Higher gross loans, lower cost of funds boost MBSB 1Q earnings
KUALA LUMPUR (May 25): Malaysia Building Society Bhd’s (MBSB) net profit in the first quarter ended March 31, 2017 (1QFY17) nearly tripled to RM101.
Rising likelihood of OPR hike
KUALA LUMPUR (March 28): The stronger-than-expected inflationary pressure — based on the consumer price index (CPI) that has climbed at the fastest pace in eight years at 4.
‘PR1MA scheme has minimal impact on banks’
Banking sector Maintain neutral: On Tuesday, Perumahan Rakyat 1Malaysia (PR1MA) announced that the Special PR1MA End-Financing Scheme for first-time house buyers announced in Budget 2017 will benefit at least 15,000 buyers.
MBSB CEO keeps mum about MBSB-AFB merger
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive officer (CEO) Datuk Ahmad Zaini Othman (pictured) kept mum about questions yesterday about the potential merger and acquisition (M&A) of MBSB with Asian Finance Bank (AFB), saying only it is now a shareholder matter.
Sunway REIT in good position to attract investors
Sunway Real Estate Investment Trust (Oct 19, RM1.
Total value of auction properties rises in 1H2016
THE Malaysian property auction market saw 12,336 properties worth about RM4.
Developer-lending brings more risks than benefits
URBAN Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar seems to have created a shock wave by announcing the idea of having property developers apply for moneylending licences so that they can lend to homebuyers who fail to get mortgages from banks.
