‘Serious mismatch’ in housing supply

KUALA LUMPUR (Aug 4): The government, specifically the Deputy Minister of Finance 1 Datuk Othman Aziz, said yesterday that houses priced up to RM165,060 are considered affordable to a median Malaysian household.

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Public Bank lowers BR, BLR by 23 bps

KUALA LUMPUR (July 26): Public Bank Bhd announced yesterday that it will reduce its base rate (BR) and base lending rate (BLR) or base financing rate by 23 basis points (bps) from tomorrow onwards, following Bank Negara Malaysia’s (BNM) move to cut the overnight policy rate by 25 bps to 3%.

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‘Mortgage rejection rates not as high as 50%’

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.

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