MRCB up after option period extended

KUALA LUMPUR (July 6): Malaysian Resources Corp Bhd (MRCB) rose as much as 11 sen or 8% after the builder and property developer extended the option period to buy Nusa Gapurna Development Sdn Bhd's assets.

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Middle-income group in need of rent-to-own schemes

KUALA LUMPUR (July 5): National House Buyers Association of Malaysia (HBA) said the middle-income group in Malaysia is in dire need of rent-to-own schemes, warning that the country could face a housing crisis in the form of a “homeless generation”.

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Bank Negara: Three things that could enhance Malaysia’s affordable housing ecosystem

PETALING JAYA (July 4): A sound, innovative and coordinated public policy is needed to address the affordable housing challenge, said Bank Negara Malaysia deputy governor Abdul Rasheed Ghaffour in his keynote address at  the “Dialogue on Sustainable Development of Affordable Housing” organised by Cagamas Holdings Bhd in Kuala Lumpur today, He said a central authority could lead, oversee and coordinate affordable initiatives for the nation that would promote greater strategic and operational cohesion at the national level.

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