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KUALA LUMPUR (July 14): Bank Simpanan Nasional (BSN) is striving to get 10,000 new borrowers for its Youth Housing Scheme to boost its current low take-up rate, Bernama reported today.

PETALING JAYA (July 14): Bank Negara Malaysia’s (BNM) decision to cut the overnight policy rate (OPR) by 25 basis points to 3% is expected to have a positive impact on borrowers and the property sector, said property developers and mortgage firms.

KUALA LUMPUR (July 14): Bank Negara Malaysia's cutting of the overnight policy rate (OPR) from 3.

KUALA LUMPUR (July 14): Bank Negara Malaysia’s unexpected move to cut the overnight policy rate (OPR) by 25 basis points (bps) to 3% yesterday is not enough to revive property sales, according to TA Securities Research.

SINGAPORE (July 14): Daiwa Capital Markets is keeping its “positive” rating on Singapore Real Estate Investment Trusts (S-REITs), but has “low expectations” ahead of announcement of 2Q16 results by the 14 S-REITs under its coverage starting Friday.

KUALA LUMPUR (July 14): Hong Leong Investment Bank Research (HLIB Research) has upgraded Malaysian Real Estate Investment Trusts (M-REITs) to “Overweight”, following Bank Negara’s move to cut the overnight policy rate (OPR) by 25 basis points to 3% yesterday.

Aeon Co (M) Bhd July 13 (RM2.

KUALA LUMPUR (July 14): The Securities Commission Malaysia (SC) has granted a waiver to Sunway Real Estate Investment Trust (Sunway REIT) that will allow the company to acquire land to construct an extension of the Sunway Carnival Mall in Seberang Perai, Penang.

MALAYSIAN real estate investment trusts (M-REITs) are touted as safe haven assets for investors seeking safety in dividend yields post-Brexit.