News about bank

•    Today, we continue our focus on Bangsar by looking at average prices on a per square foot basis.

KUALA LUMPUR (March 4): Bank Negara Malaysia (BNM) said a maximum loan tenure of 35 years is “more than sufficient” for borrowers to settle their housing loan by their retirement age.

SYDNEY (Feb 16): A loophole in Australian property rules has helped overseas developers invest what industry executives believe were record levels in the country in 2015, casting doubt over the efficacy of curbs intended to keep a lid on soaring prices.

KUALA LUMPUR (Feb 5): With more incoming supply, Rahim & Co expects the Kuala Lumpur office market in 2016 to be more challenging in 2016.

HANOI (Feb 2): Hai Phong, Vietnam has the potential of becoming a major logistics hub of Vietnam, according to global commercial real estate service firm CBRE (Vietnam) Co Ltd.

KUALA LUMPUR (Jan 29): Tropicana Corp Bhd, controlled by tycoon Tan Sri Danny Tan, is disposing of its Dijaya Plaza tower in Jalan Tun Razak here to Kenanga Investment Bank Bhd (Kenanga IB) for RM140 million cash.

KUALA LUMPUR (Jan 28): Bank Negara Malaysia’s move to reduce the statutory reserve requirement (SRR) by 0.

KUALA LUMPUR (Jan 21): The Johor property market will see “good buys” in the second half of the year, as more auctioned properties become available in the market, according to KGV International Property Consultants (M) Sdn Bhd director Samuel Tan (pictured).

KUALA LUMPUR (Jan 20): Housing non-performing loans (NPLs) are expected to increase this year, although it won’t be at the level seen during the financial crisis in the late-1990s, according to VPC Alliance (Malaysia) Sdn Bhd managing director James Wong (pictured).

KUALA LUMPUR (Dec 22): LTKM Bhd is selling a piece of freehold industrial land measuring 21,284 sq metres together with a factory in Kapar, Klang, for RM26 million, cash, to unlock the property's value and use the proceeds to acquire future strategic landbank.