Gamuda net profit falls 23% in 2Q following Splash sale
KUALA LUMPUR (March 28): Gamuda Bhd’s net profit fell 23% to RM173.
Estate agents up in arms against illegal brokering by proptech companies
PETALING JAYA (March 28): The Malaysian Institute of Estate Agents (MIEA) wants the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) and the Ministry of Finance to take action against those who are circumventing the law by carrying out real estate practices illegally through property technology (proptech).
Why cost of living perception differs from actual inflation rate — BNM's take
KUALA LUMPUR (March 27): While headline inflation has remained relatively low in Malaysia, Bank Negara Malaysia said concerns about the rising cost of living have been increasing and will likely persist over the near term.
TTDI residents: More than 95% of TRK developer’s RM115m payment made to government, YWP
KUALA LUMPUR (March 27): Taman Tun Dr Ismail (TTDI) residents have today explained that of the RM115.
Bank Negara projects GDP growth at 4.3% to 4.8% in 2019
KUALA LUMPUR (March 27): The domestic economy is expected to expand by 4.
Eco World International in talks with institutional funds to further expand BtR segment in UK
IJOK (March 27): EcoWorld Development Group Bhd’s 27%-associate Eco World International (EWI) is currently in talks with various institutional funds to expand its built-to-rent (BtR) segment in the United Kingdom.
Growth in loan disbursement accelerates to five-year high of 7.3% in 2018
KUALA LUMPUR (March 27): Banks are lending.
BNM tells banks to use plain language in housing loan contracts
PETALING JAYA (March 27): Bank Negara Malaysia (BNM) (pictured) has given banking institutions until end- 2019 to revise “unfair” terms and conditions, and improve clarity by using plain language for both new and existing housing loan and financing contracts.
Malaysia’s household debt ratio down but still high, says BNM
PETALING JAYA (March 27): Malaysia’s total household debt to gross domestic product (GDP) ratio has eased further for the fourth consecutive year to 83% at end-2018 compared with 83.
Loan approval rates for property purchases trended lower in 2018
PETALING JAYA (March 27): Overall loan approval rates for property purchases have trended slightly lower at 71.
