Cagamas issues RM410 mil bonds
KUALA LUMPUR (Aug 7): Cagamas Bhd is issuing RM410 million worth of conventional and Islamic bonds to raise funds, which will fund its housing loan purchases from the Malaysian financial system.
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.
UPDATE Single authority for property market
KUALA LUMPUR (July 26): The government is looking into establishing a single authority to monitor Malaysia’s property market, amid issues of supply and demand mismatch within the affordable housing segment.
Affordability the issue, not access to home financing, says Bank Negara
KUALA LUMPUR (JULY 18): Some RM40 billion housing loans were approved to more than 152,000 borrowers in the first five months of this year, and eligible homebuyers will continue to have access to financing, according to Bank Negara.
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.
UOB Malaysia expects BNM to stand pat on OPR
KUALA LUMPUR (May 9): Bank Negara Malaysia (BNM) is most likely to keep the overnight policy rate (OPR) unchanged at its monetary policy meeting this Friday, according to UOB Malaysia.
Unlikely for BNM to cut OPR now, says Euler Hermes economist
KUALA LUMPUR (May 8): Bank Negara Malaysia (BNM) is unlikely to cut its overnight policy rate (OPR) now given the high inflation in the country, according to Euler Hermes-Allianz Research's senior economist for Asia, Mahamoud Islam.
‘Financing in place for IWH CREC’s Bandar Malaysia buy’
KUALA LUMPUR (May 5): Financing was already in place for IWH CREC Sdn Bhd’s plan to acquire a 60% interest in the Bandar Malaysia project for RM7.
