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.
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.
Boustead Properties partners with Maybank Islamic's HouzKEY
PETALING JAYA (March 23): Boustead Properties Bhd has entered a collaboration with Maybank Islamic to offer its HouzKEY programme, which is currently being offered for projects such as Mutiara Hills in Semenyih, One Cochrane Residences in Kuala Lumpur, and Mutiara Rini in Johor.
Same-day loan disbursement part of Paramount Corp's digital bank strategy
SHAH ALAM (March 4): Property developer Paramount Corp Bhd has finally revealed its digital banking plans which include same-day loan disbursement and banking product embedment with property transactions, as applications for Bank Negara Malaysia's (BNM) five digital banking licences enter their final stage of approval.
Maybank introduces Maybank Home²u, a fully-digital financing solution for home buying
PETALING JAYA (March 3): Maybank launches Maybank Home2u, a digital home financing solution that is capable of providing approval in just 10 seconds from the completion of application.
RHB: Some negative headwinds may hinder recovery in property sales
KUALA LUMPUR (Jan 6): A resurgence of daily Covid-19 infection cases following the emergence of new variants, high building material prices, a potential overhang among property stocks ahead of the general election and earlier-than-expected rate hikes are hindering real estate from recovering, said RHB Investment Bank.
Hong Leong Bank launches financing facility for installing solar power system at homes
PETALING JAYA (Dec 16): Hong Leong Bank (HLB) and Hong Leong Islamic Bank have introduced HLB Solar Plus Loan/Financing-i, a green energy financing facility where homeowners could install solar power systems, on Wednesday (Dec 15).
Maybank IB Research upgrades property sector to 'neutral', sees fragile recovery ahead
KUALA LUMPUR (Dec 8): Maybank Investment Bank (Maybank IB) Research on Wednesday upgraded the Malaysian property sector to "neutral" (from "negative") after the share prices of property stocks under its coverage have retreated by 10% to 20% to more realistic valuations.
