Approval rate for housing loans hits high of 73.8% in 2016
PETALING JAYA: The Association of Banks in Malaysia (ABM) said the approval rate for housing loans in 2016 is high at 73.
Rejection rate for housing loans is as high as 60%, says Rehda
PETALING JAYA (March 8): The rejection rate for housing loans is as high as 60%, causing property sales to remain sluggish, says the Real Estate and Housing Developers' Association (Rehda).
All that glitters is not gold at PR1MA
IF there is one thing the global financial crisis taught us, it is this: When you lend money to cash-strapped individuals, time bombs can and do explode.
Malaysia Building Society reports 4Q profit as Islamic financing income rises
KUALA LUMPUR (Feb 22): Malaysia Building Society Bhd (MBSB) reported a fourth quarter net profit of RM45.
10 things to check before signing your housing loan documents
A signature serves as a universally recognised symbol of proof of agreement.
Public servants’ housing needs addressed
KUALA LUMPUR (Oct 21): Civil servants’ housing loan eligibility will be raised from between RM120,000 and RM600,000 to between RM200,000 and RM750,000 under Budget 2017.
Switching focus to the supply side
NOWADAYS whenever people talk about buying properties, more often than not, they blame banks for not lending enough.
Encorp plans to sell land in Penang for RM25 mil
KUALA LUMPUR (Oct 6): Encorp Bhd is selling 2.
Bank Negara: 35-year home loan period 'more than sufficient'
Source: Bank Negara Malaysia KUALA LUMPUR (Sept 20): Bank Negara Malaysia (BNM) said today that the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age.
