News about ban

PETALING JAYA (June 18): With increasing consolidation in the property sector, the market is seeing the industry being dominated by a few players with landbank that carried an estimated gross development value (GDV) of close to RM100 billion, said Public Investment Bank Bhd (PublicInvest Research).

You have been shopping around for a new home.

PETALING JAYA (June 17): The one-month long full lockdown (FMCO) is expected to affect the property sales and developers’ earnings in the second quarter this year, but Maybank Investment Bank Research believed that property sales will be picking up again once movement restrictions are lifted .

PETALING JAYA (June 16): The plan to reopen the popular tourist island of Phuket in Thailand could serve as an example for other holiday destinations in Asia to relax their borders and attract visitors, said Banyan Tree Holdings executive chairman Ho Kwon Ping in an interview with Bloomberg on June 14.

KUALA LUMPUR (June 15): Maju Expressway Sdn Bhd (MESB) has defaulted on its RM50 million bond principal after failing to redeem its outstanding amount, according to facility agent CIMB Investment Bank Bhd.

KUALA LUMPUR (June 14): Public Bank Bhd managing director and chief executive officer (CEO) Tan Sri Tay Ah Lek said today the group’s Covid-19-driven targeted loan repayment assistance programme had so far assisted over 160,000 customers who benefited from the bank’s pandemic relief amounting to about RM40 billion.

KUALA LUMPUR (June 11): AmInvestment Bank Research has cut its fair value (FV) for Pavilion Real Estate Investment Trust (REIT) and IGB REIT, while increasing its FV for Sunway REIT.

If the allure of the famed Baba Nyonya heritage is still alien to you, check out the Melaka branch of the OCBC Bank, especially on a Wednesday.

For the astute investor, every adversity offers a window of opportunity Although the already soft property market has been further pressured by the impact of the Covid-19 pandemic, the business of property development has continued to fight tooth and nail.

PETALING JAYA (June 9): The extension of the Home Ownership Campaign (HOC) to December 31, 2021 is expected to spur consumer’s sentiments as it could help homebuyers to save up to 4% of the purchase cost, said AmInvestment Bank.