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.
Mah Sing Budget 2017 wish list
PETALING JAYA (Sept 19): Mah Sing Group Bhd wants the government to consider introducing more easing and stimulus policies in Budget 2017 to spur the growth of the property industry and the overall economy.
High household debt the elephant in the room
THERE is a big elephant in the room and it is Malaysia’s household debt — among the highest in Asia.
Properties priced from RM500,001 to RM700,000 faced the most loan rejections in 1H2016
PETALING JAYA (Sept 14): Properties priced from RM500,001 to RM700,000 faced the highest loan rejection rates, according to almost a quarter of 157 respondents to the Real Estate and Housing Developers’ Association (Rehda) property industry survey 1H2016.
SRS Consortium accepts LoA extension as PDP for Penang Transport Master Plan
KUALA LUMPUR (Aug 4): SRS Consortium Sdn Bhd, a 60:20:20 joint venture among Gamuda Bhd, Loh Phoy Yen Holdings Sdn Bhd and Ideal Property Development Sdn Bhd, has duly accepted an extension of a letter of award (LoA) by the Penang state government to Feb 28, 2017 for its appointment as the project delivery partner (PDP) for the implementation of the Penang Transport Master Plan (PTMP).
