‘Use non-linear data to respond to financing needs of low-income clients’
KUALA LUMPUR (April 4): Banks and other financing institutions should look at non-linear data to better respond to the financing needs of low-income customers.
Integrated property database key to address market concerns
KUALA LUMPUR (April 4): Malaysia will need an integrated property database that could serve as a launch pad for future policy direction and actions by both the government and private sector players.
Sime Darby Property’s Amrin said to be new Boustead boss
KUALA LUMPUR (April 4): Datuk Seri Amrin Awaluddin, the current chief executive officer (CEO) of Sime Darby Property Bhd, is going to fill the group managing director’s (MD) position at Boustead Holdings Bhd, according to sources.
Utilise waqf trusts to improve affordable housing ownership
KUALA LUMPUR (April 3): Banks should look into utilising waqf trusts as a tool to improve affordable home ownership in the country.
PNB has no plans to list another REIT — CEO
KUALA LUMPUR (April 3): Permodalan Nasional Bhd (PNB) has no plans to list any of its assets in another real estate investment trust (REIT) on Bursa Malaysia, said its president and group chief executive officer Datuk Abdul Rahman Ahmad.
Cagamas inks MoU with Korea Housing Finance Corp to promote homeownership
KUALA LUMPUR (April 2): Cagamas Bhd has inked a memorandum of understanding (MoU) with Korea Housing Finance Corp (KHFC) to explore housing financing methods to further promote homeownership in Malaysia and Korea.
Residential Tenancy Act to be developed in two years, says ministry
KUALA LUMPUR (April 2): Malaysia is currently studying the Residential Tenancy Act to provide new laws governing the country's housing rental market, said the Housing and Local Government Ministry today, adding the new act will take two years to develop.
KPKT looking to secure foreign financiers for RTO scheme
KUALA LUMPUR (April 2): Malaysia's Housing and Local Government Ministry is looking to secure foreign financiers to fund a Rent-to-Own (RTO) scheme for houses that will be built under the National Affordable Housing Policy.
Hike on normal housing not above 5%, to compensate loss in building public housing
PENANG (April 1): Penang exco Jagdeep Singh Deo said he has the figures to show that price hikes in normal housing, due to developers having to comply with affordable housing units, are not more than 5%.
Global house prices, including in Malaysia, continue to moderate
KUALA LUMPUR (March 29): Global housing prices continue to moderate overall in the fourth quarter of 2018.
