Elevated office vacancy rates persist as supply outpaces demand, BNM says
“Continued observations of preferences for more flexible tenancy contracts and hybrid work arrangements suggest adjustments in supply still have some way to go.
Lim Seong Hai gets AmInvestment Bank to underwrite IPO’s retail offering
The proposed IPO involves a public issue of 132 million new shares and an offer for sale of 59 million existing shares at a price to be determined later, according to its draft prospectus filed in October 2024.
Glomac launches inaugural RM3b sukuk programme with Maybank
Glomac group managing director and CEO Datuk Seri FD Iskandar Mohamed Mansor said the programme would fortify the group’s financial reserves and enhance its ability to seize land banking opportunities.
Bina Puri seeks to restructure debt with Exim Bank
“The escalation of the US$ against ringgit Malaysia and the increase of interest rates from 4% to 11% had warranted the company to negotiate a restructuring of the loan with Exim Bank,” Bina Puri said in a filing.
TH Properties and AFFIN BANK partner to make homeownership more accessible to younger customers, fresh graduates and women
Home financing solutions will be offered by AFFIN BANK to homebuyers of TH Properties’ current developments, namely Bandar Enstek, Warisan Puteri 2, and Padang Residences.
Scientex, EdgeProp Malaysia, AFFIN BANK forge partnership to launch exclusive homebuyer rewards for Mori Residences 2
The campaign offers START members with rewards worth more than RM55,000 when they buy duplex units (starting from RM663,000) and penthouse units (starting from RM998,000) at Mori Residences 2 at Rawang.
AFFIN BANK launches Mbassador, first-of-its-kind collaboration with property agencies, to offer seamless financing options, marketing perks
Besides customised mortgage solutions for their clients, AFFIN Mbassadors will enjoy various privileges, including special pricing on property and car loans, and being featured across AFFIN’s various online platforms to boost brand visibility.
Avaland partners MBSB Bank to incentivise first-time homebuyers of its green-certified projects
Avaland recently reported its upward trajectory in the nine months ended Sept 30, 2024 (9M2024), with net profit more than doubling to RM68.
BNM plans to abolish flat rate rule on personal financing products to prevent penalising early repayers
The new proposal also requires FSPs to verify the actual purpose of the financing by requesting supporting documents from the financial consumer before treating additional financing as home financing.
UEM Sunrise launches HomeClick to digitise homebuying process within one platform
UEM Sunrise CEO Sufian Abdullah said HomeClick aims to provide an innovative and seamless experience by integrating the core aspects of the property purchase process, including loan application.
