Economic Report 2019: Household income growth can’t catch up with escalating house prices
PETALING JAYA (Nov 2): Between 2009 and 2016, average house prices have increased by 9.
PETALING JAYA (Nov 2): Between 2009 and 2016, average house prices have increased by 9.
KUALA LUMPUR (Nov 1): Former Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz said she has no knowledge of the RM2 billion land purchase as it did not take place during her tenure.
KUALA LUMPUR (Nov 1): Someone in Bank Negara Malaysia (BNM) “obviously knows” what happened to the RM2 billion paid by the central bank to purchase a parcel of land from the finance ministry, said Prime Minister Tun Dr Mahathir Mohamad yesterday.
KUALA LUMPUR (Nov 1): Bank Negara Malaysia (BNM), which is under the purview of finance ministry (MoF), has yet to close the chapter on the RM2.
KUALA LUMPUR (Oct 31): Four Bank Negara Malaysia (BNM) officials have been told to go on leave pending investigations into the January purchase of land valued at RM2 billion.
KUALA LUMPUR (Oct 17): Bank Negara Malaysia (BNM) governor Datuk Seri Nor Shamsiah Mohd Yunus has said Asian countries facing increased market volatility need the option to use capital controls to pre-empt financial crises.
PETALING JAYA (Oct 15): The National House Buyers Association (HBA) has called upon the Real Estate and Housing Developers Association (Rehda) to redefine its “outright unrealistic” definition of affordable housing, according to a New Straits Times report.
PETALING JAYA (Oct 9): Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government Minister Zuraida Kamaruddin.
PETALING JAYA (Sept 29): The only way developers can bring property prices down is by cutting their profit margins, said a property industry observer.
KUALA LUMPUR (Sept 26): It looks like the local property market is still not out of the woods, just yet.