Banks will continue to provide loans to eligible customers, say ABM and AIBIM
KUALA LUMPUR (Sept 20): The Association of Banks in Malaysia (ABM) and The Association of Islamic Banking Institutions Malaysia (AIBIM) want to assure homebuyers that their member banks in Malaysia will continue to provide home financing facilities to eligible customers.
Bank Negara: 35-year home loan period 'more than sufficient'
Source: Bank Negara Malaysia KUALA LUMPUR (Sept 20): Bank Negara Malaysia (BNM) said today that the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age.
Eco World CEO hopes to see more measures to help first-time homebuyers
KUALA LUMPUR (Sept 15): Eco World Development Group Bhd president and chief executive officer Datuk Chang Khim Wah (pictured) hopes the upcoming government budget will introduce measures to help homebuyers, especially first-timers, in obtaining end-financing.
Developer-lending brings more risks than benefits
URBAN Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar seems to have created a shock wave by announcing the idea of having property developers apply for moneylending licences so that they can lend to homebuyers who fail to get mortgages from banks.
Govt initiative may see sales of property increase slightly
Property sector Maintain neutral call: According to media reports quoting Urban Wellbeing, Housing, and Local Government Minister Tan Sri Noh Omar, eligible housing developers can now obtain licences to provide homebuyers with up to 100% of house financing.
BNM stands pat on key interest rate at 3%
KUALA LUMPUR (Sept 7): As expected, Bank Negara Malaysia (BNM) today kept its key policy rates unchanged at 3%.
Room for another key rate cut by Bank Negara, say economists
KUALA LUMPUR (Sept 7): Although the central bank’s governor indicated in July that the Bank Negara Malaysia (BNM) has no plans to cut the key rate further in the next few monetary policy meetings this year, economists argue there is still room for another round of easing.
‘CITP aims to halve the number of fatalities by 2020’
CRANES, scaffolding and tractors are a common sight around the Klang Valley.
We need debates to spark change, says KRI
KUALA LUMPUR (Aug 29): For now, Datuk Charon Wardini Mokhzani (pictured) is just glad that Khazanah Research Institute’s (KRI) study of Malaysian homes has corroborated many people’s convictions that home prices have escalated beyond affordability, to the point that the government has even come out to raise its concerns.
