Bank Negara land deal, unanswered questions
A year ago, it was announced that Bank Negara had purchased 55.
A year ago, it was announced that Bank Negara had purchased 55.
KUALA LUMPUR (Nov 27): The Federal Government is not planning to impose any tax on windfall profit, Finance Minister Lim Guan Eng said.
KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.
KUALA LUMPUR (Nov 8): Malaysia's central bank left its key interest rate unchanged at 3.
PETALING JAYA (Nov 7): The Malaysian Anti-Corruption Commission (MACC) has questioned former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim over the central bank’s RM2bil land purchase from the Finance Ministry in January.
GEORGE TOWN (Nov 5): Extending the housing loan term to 90 years or more may help reduce the overhang of property stocks, but are the children ready to shoulder the burden? The concern was raised by Kebun Bunga assemblyman Jason Ong Khan Lee in response to a proposal by the state government to Bank Negara to introduce generational loans to mitigate the problems on securing financing for first-time homebuyers, reported The Star today.
PETALING JAYA (Nov 2): The government has announced several measures in Budget 2019 aimed at raising homeownership among Malaysians.
PETALING JAYA (Nov 2): Bank Negara Malaysia will be establishing a RM1 billion Fund for Affordable Homes (the Fund) to help homebuyers from the lower income group nationwide to finance the purchase of their first homes.
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.