BNM raises OPR to 2% from record low of 1.75%
KUALA LUMPUR (May 11): Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) on Wednesday (May 11) increased the overnight policy rate (OPR) by 25 basis points to 2% from a record low of 1.
Sunsuria partners Affin Bank to offer Home Step Fast/-i campaign
PETALING JAYA (May 11): Sunsuria Bhd has announced its collaboration with Affin Bank’s Home Step Fast/-i campaign to offer homebuyers a lifestyle ownership programme with a financing solution that allows them to pay a lower instalment for the first five years.
Maybank IB cuts Genting Malaysia FY22 EPS by 40% as Omicron seen dampening recovery
KUALA LUMPUR (May 6): Maybank Investment Bank (Maybank IB) on Friday cut Genting Malaysia Bhd's earnings per share (EPS) for the financial year ending Dec 31, 2022 (FY22) by 40% as the Omicron wave which began in Malaysia in February slows Resorts World Genting's (RWG) recovery.
DONE DEAL: Serviced residence at Banyan Tree Signatures Pavilion, Kuala Lumpur
Read also: DONE DEAL: Serviced residence at Pavilion Suites, Kuala Lumpur DONE DEAL: Penthouse unit at Ameera Residences, Petaling Jaya, Selangor Banyan Tree Signatures Pavilion was developed by the Pavilion Group and completed in 2015.
NCT Alliance and Maybank Islamic partners to offer 100% financing for Acacia Residences
KUALA LUMPUR (April 14): NCT Alliance Berhad has collaborated with Maybank Islamic to offer a home ownership financing solution called HouzKEY to NCT’s Acacia Residences purchasers.
Property sector to benefit from re-opening of economy, says RHB IB
KUALA LUMPUR (April 11): RHB Investment Bank Bhd said the property sector should generally benefit from the re-opening of the economy and international borders.
Retail rental reversion likely to be flattish, says AmInvestment Bank
KUALA LUMPUR (April 7): Despite the outlook on retail sales improving, AmInvestment Bank expects rental reversions for malls in prime locations to remain muted in the near term as tenants will still require some time to recover to their pre-pandemic sales level.
DONE DEAL: Two-storey terrace at USJ 16, Selangor
Read also: DONE DEAL: Office at UOA Business Park, Selangor DONE DEAL: Three-storey terrace at Taman Residensi Sri Utara, Kuala Lumpur USJ 16 is one of the many neighbourhoods that make up the UEP Subang Jaya enclave.
Elevated unsold houses reflect pre-existing affordability issues, says BNM
KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).
HSBC Malaysia, Kerjaya Prospek Property complete first green loan for a property developer
PETALING JAYA (March 23): HSBC Bank Malaysia and Kerjaya Property Sdn Bhd, a subsidiary of Kerjaya Prospek Property Bhd, have successfully completed their first green loan for a property developer.
