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Additionally, Low believed that the unchanged OPR is expected to help property developers with financing costs.

PAM said this is due to an alarming increase in the unnecessary felling of street trees by local governments in the Greater Kuala Lumpur region.

The research house’s view contradicts OCBC’s and UOB’s view that BNM will hold the OPR at 3% for the rest of the year, but aligns with MIDF Research's view that an increment will occur in the second half of the year.

“Our forecasts imply a divvy yield of 9.

The group, through its wholly owned units TCS Construction Sdn Bhd and Saujana Permai Development Sdn Bhd, had mutually agreed to terminate the letter of award entered between the parties two years ago.

“We should not ‘brand’ affordable housing as an effort that only the government can provide,” said Suraya Ismail, Director of Research in Khazanah Research Institute.

Malaysian Institute of Architects (PAM) Secretary and Architect Centre accredited building inspector Anthony Lee Tee has called on the authorities to find the root cause of the recent fire at the EPF, and to have the report made public “to avoid speculation”.

Lee and Koh said Malaysia’s travel balance improved to -0.

In a note on Thursday (April 13), the research house initiated a target price of RM1.

House prices are still rising, albeit at a slow pace.