KUALA LUMPUR (Nov 2): Malayan Banking Bhd (Maybank) sees the property sector as the biggest winner of Budget 2019, with a variety of measures ranging from specific allocations for supply – financing of first-time purchases – of affordable housing, as well as stamp duty exemptions and property crowdfunding to help the industry clear the supply overhang, placing it on a path to sustainable growth.
PETALING JAYA (Nov 2): The government has announced several measures in Budget 2019 aimed at raising homeownership among Malaysians.
PETALING JAYA (Nov 2): Bank Negara Malaysia will be establishing a RM1 billion Fund for Affordable Homes (the Fund) to help homebuyers from the lower income group nationwide to finance the purchase of their first homes.
PETALING JAYA (Nov 2): The overall household debt level stands at RM1.
PETALING JAYA (Nov 2): Between 2009 and 2016, average house prices have increased by 9.
KUALA LUMPUR (Nov 1): Malaysia has regained its place among the top 20 economies in the world at number 15 in the World Bank Doing Business 2019 Report.
Maintain buy with a higher target price (TP) of RM1.
KUALA LUMPUR (Nov 1): Former Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz said she has no knowledge of the RM2 billion land purchase as it did not take place during her tenure.
KUALA LUMPUR (Nov 1): Someone in Bank Negara Malaysia (BNM) “obviously knows” what happened to the RM2 billion paid by the central bank to purchase a parcel of land from the finance ministry, said Prime Minister Tun Dr Mahathir Mohamad yesterday.
KUALA LUMPUR (Nov 1): Bank Negara Malaysia (BNM), which is under the purview of finance ministry (MoF), has yet to close the chapter on the RM2.
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