Ratio of housing loan applications to approvals rose in 2016
PETALING JAYA (April 18): The number of loan applications for residential property purchases totalled 168,154.
Rising likelihood of OPR hike
KUALA LUMPUR (March 28): The stronger-than-expected inflationary pressure — based on the consumer price index (CPI) that has climbed at the fastest pace in eight years at 4.
2017 possibly the best time to buy property, says Zerin Properties
KUALA LUMPUR (March 25): The residential, office and hospitality property sectors are believed to have bottomed but the retail property is expected to remain under pressure in 2017, said Zerin Properties group CEO and founder Previndran Singhe (pictured) during his talk at The Edge Malaysia Investment Forum on Real Estate 2017 today.
Malaysia's affordable housing undersupply may 'worsen'
KUALA LUMPUR (March 23): The undersupply of affordable houses in Malaysia may worsen, given current income and demographic factors, according to Bank Negara Malaysia's 2016 Annual Report.
Bank Negara Malaysia maintains OPR as inflation seen 'higher'
KUALA LUMPUR (March 2): Bank Negara Malaysia maintained the overnight policy rate (OPR) at 3% as the central bank evaluated risks to the country's economic growth and inflation.
‘PR1MA scheme has minimal impact on banks’
Banking sector Maintain neutral: On Tuesday, Perumahan Rakyat 1Malaysia (PR1MA) announced that the Special PR1MA End-Financing Scheme for first-time house buyers announced in Budget 2017 will benefit at least 15,000 buyers.
PR1MA launches special end-financing scheme
SUBANG (Feb 13): More than 60% of potential 1Malaysia Housing Programme or PR1MA homebuyers had to give up their booked units due to problems with end-financing.
BNM's OPR decision a balancing act, says Standard Chartered
KUALA LUMPUR (Jan 19): Bank Negara Malaysia (BNM)'s decision today on the overnight policy rate (OPR) is a toss-up between the country's inflation rate and the risk of capital outflows, said Standard Chartered Bank Malaysia Bhd.
Bank Negara keeps interest rate at 3%
KUALA LUMPUR (Jan 19): As expected, Bank Negara Malaysia (BNM) left its benchmark interest rate unchanged at 3% today at the its first Monetary Policy Committee (MPC) meeting of the year.
