PETALING JAYA (Sept 20): To embrace the current challenging market conditions, more developers are assisting buyers with the 10% downpayment and are lower selling prices to boost sales, according to a recent survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda).
KUALA LUMPUR (Sept 11): A banking industry group has come out to "strongly refute" the claim by a property expert that banks are responsible for the oversupply of retail and office space in the Klang Valley.
KUALA LUMPUR (Sept 8): Bank Negara Malaysia is unlikely to risk raising the overnight policy rate (OPR) too soon as it can affect consumers' debt service capacity, says Malaysian Rating Corp Bhd (MARC).
KUALA LUMPUR (Sept 7): The Monetary Policy Committee of Bank Negara Malaysia (BNM) decided at its meeting today to maintain its overnight policy rate (OPR) at 3%.
KUALA LUMPUR (Aug 30): Boustead Holdings Bhd's net profit slumped 73.
KUALA LUMPUR (Aug 29): An expected rise in large infrastructure projects and affordable housing ahead of the general election is likely to further raise the government’s already-huge contingent liabilities, said RAM Rating Services Bhd.
KUALA LUMPUR (Aug 25): After posting six consecutive quarters of losses, Iskandar Waterfront City Bhd (IWCity) returned to the black in its second quarter ended June 30, 2017 (2QFY17) thanks to its property development segment, despite a more than 40% drop in revenue.
KUALA LUMPUR (Aug 24): Matrix Concepts Holdings Bhd's net profit dropped 12% to RM45.
KUALA LUMPUR (Aug 22): Malaysia Building Society Bhd's (MBSB) net profit climbed 44.
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