KUALA LUMPUR (Jan 11): Minister of Finance II Datuk Seri Johari Abdul Ghani did not confirm or deny a report stating that the Minister of Finance (MoF) had bought a 51% stake in Mulia Property Development Sdn Bhd — the developer of The Exchange 106 at the Tun Razak Exchange in Kuala Lumpur.
PETALING JAYA (Jan 6): Where exactly is the location of the tract Bank Negara Malaysia (BNM) is buying for RM2 billion? The landing, sprawling 55.
KUALA LUMPUR (Jan 5): Bank Negara Malaysia (BNM) has acquired a 22.
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KUALA LUMPUR (Dec 22): Property developers may need to brace for a sustained low-margin environment next year as they continue building new affordable homes that are expected to crimp their margins.
KUALA LUMPUR (Dec 8): Opposition lawmaker Tony Pua questioned as to why the Cabinet was adamant in ignoring policy prescriptions by Bank Negara Malaysia (BNM) on the property market imbalance.
PETALING JAYA (Dec 7): The property sector is expected to stir in 2018 as developers continue to cut prices — by 10% to 15% or more — and adjust to the reality that demand lies in mass-market affordable housing, said AmInvestment Bank in a report today.
PETALING JAYA (Dec 4): Johor will maintain the current RM1 million minimum purchase price for foreign property ownership in the state, reported The Sun.
KUALA LUMPUR (Nov 28): Malaysia Building Society Bhd (MBSB) is of the opinion the Malaysian property segment is in “a bit of a glut” — but only in the high-end property segment, echoing sentiment shared by Bank Negara Malaysia (BNM) recently.
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