Things to note before opting for cash-out refinance
What is a cash-out refinance? A cash-out refinance is a mortgage refinancing option where you replace your existing mortgage loan with a new loan that has an even larger amount.
EdgeProp launches LoanReport, Malaysia’s first loan eligibility tool
KUALA LUMPUR (Feb 24): EdgeProp Malaysia has launched LoanReport, a home loan pre-approval tool, today.
Property Chat: Flawed demographic survey on proposed Residential Tenancy Act
The National Homebuyers Association (HBA) is calling out that the drafted laws of the proposed Residential Tenancy Act (RTA) draft have incomprehensible sections.
Matrix Concepts says 3Q profit up 16.7% q-o-q, pays 3.75 sen dividend
KUALA LUMPUR (Feb 24): Matrix Concepts Holdings Bhd registered a near 20% drop in net profit year-on-year (y-o-y) for the third quarter ended Dec 31, 2021 (3QFY22) to RM60.
Rimbun Aman @ Seremban 2 records 75% take-up
PETALING JAYA (Feb 24): IJM Land Bhd recorded a 75% take-up for its latest single-storey homes, Rimbun Aman @ Seremban 2 in Negeri Sembilan, since its soft launch in December 2021.
E&O expects stronger quarters ahead after reversing losses in 3Q
KUALA LUMPUR (Feb 24): Having reversed losses in the third quarter, Eastern & Oriental Bhd (E&O) expects stronger earnings in the following quarters, supported by recognition of sales from new property launches in Penang and better contribution from its hospitality segment as the economy begins to recover from the Covid-19 pandemic.
Govt seeks public feedback on Residential Tenancy Act
KUALA LUMPUR (Feb 24): As the Ministry of Housing and Local Government (KPKT) plans to enact the Residential Tenancy Act, the Malaysian government has been seeking feedback through a one-month public consultation.
IOI Corp 2Q net profit jumps 39% to RM494.7m, declares six sen dividend
KUALA LUMPUR (Feb 24): IOI Corporation Bhd saw its net profit in the second quarter ended Dec 31, 2021 (2QFY22) jump 39.
SunCon 4QFY21 net profit doubles on better performance of construction segment, declares four sen dividend
KUALA LUMPUR (Feb 24): Sunway Construction Group Bhd's (SunCon) net profit for the fourth quarter ended Dec 31, 2021 (4QFY21) more than doubled to RM64.
GuocoLand Singapore embraced property tech through partnership with Showsuite
SINGAPORE (Feb 23): GuocoLand, Singapore-based property developer, has partnered with Showsuite with the aim of digitalising the booking and purchasing process of its residential projects in Singapore.
