Housing loan applications and approvals surged in 2019

PETALING JAYA (April 30): Aggressive marketing campaigns by property developers coupled with the government’s measures lifted homebuying sentiments among Malaysians last year, resulting in increases in the amount of total loan applications and total loan approvals for the purchase of residential property by 8.

READ MORE

CIMB launches 1-Minute Home Financing

PETALING JAYA (March 6): CIMB Bank Bhd and CIMB Islamic Bank Bhd has launched the 1-Minute Home Financing — a paperless service that enables approval of mortgages within a minute after submitting all information and relevant documents for a loan application — as part of its InstaApproval platform today.

READ MORE

A debatable freeze

KUALA LUMPUR (Nov 21): Freezing approvals for applications to build shopping malls, offices, serviced apartments and luxury condominiums, which came into effect on Nov 1, will artificially push supply into a certain market, some property developers argue.

READ MORE

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.

READ MORE