Following August CPI, economists differ whether BNM will raise OPR in November
Malaysia’s CPI increased for the fifth consecutive month in August, coming at 4.
Hong Leong Bank chairman Quek Leng Chan emerges as substantial unitholder in AME REIT
This was after AME REIT, the REIT arm of industrial property developer AME Elite Consortium Bhd had made its debut on Bursa Malaysia on Tuesday.
S P Setia partners Affin Bank to provide Home Step Fast/i home financing solutions
Home Step Fast/i homebuyers will receive a margin of financing of up to 90% with an additional 5% allocated for home loan insurances, legal and documentation fees, including as stamping and valuation fees.
Old office blocks left in limbo as new skyscrapers vie for tenants
The latest among these relocations is Malayan Banking Bhd (Maybank), which announced plans to move its head office to Merdeka 118 in 2025, the world's second tallest building owned by the bank's 40% shareholder Permodalan Nasional Bhd (PNB).
Menara Maybank to have an edge over peers in securing new tenant amid office space supply glut
This is because the 35-year-old building is deemed to be well maintained while having a strategic prime location in the city centre and potentially competitive rental rate if office space supply remains abundant two years down the road, according to experts in the property sector.
Bank Negara raises OPR by 25bps to 2.5%, as expected
This is the MPC’s third consecutive 25bps OPR hike this year, in line with 17 economists’ forecast polled by Bloomberg, bringing year-to-date increase to 75bps.
AmBank sees more demand for green financing in FY23
AmBank entered into a RM100 million green financing facility with Kerjaya Prospek Property for the development of the Courtyard by Marriot Hotel in Bloomsvale, an upcoming mixed development along Old Klang Road.
Public Bank and Sunway Property ink MOU to promote end-financing for green projects
Sunway Property, in alignment with the Sunway Group, has set five ESG goals with 19 targets to fully support Malaysia's transition to a low-carbon, climate-resilient economy by 2030, with sights set on achieving net zero by 2050.
EcoWorld, Public Bank ink MOU to offer special end-financing package for projects with green certifications
The Special Sustainable Financing Package forms part of Public Bank’s green initiatives to encourage individuals and businesses to reduce their carbon footprint and pursue sustainability.
PKNS, Affin Bank collaborate to boost homeownership in Selangor
Affin Bank’s Home Step Fast/i programme will be offered to allow buyers to pay lower instalments for the first five years of ownership.
