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News about housing

Winners and losers of Bank Negara’s latest OPR rate hike to 3%

May 05

According to Hong Leong Investment Bank (HLIB), banks, in particular Alliance Bank Malaysia Bhd and Bank Islam Malaysia Bhd (BIMB), are expected to benefit from the OPR hike as it would help alleviate some pressure off Net interest margins (NIM) in 2Q2023.

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OPR to remain on hold at 3% for the rest of 2023, Fitch Solutions says

May 05

In a report on Thursday (May 4), BMI, a Fitch Solutions company, said that as inflation continues to moderate domestically, "we believe BNM will increasingly turn its focus to supporting growth over the coming months".

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CGS-CIMB sees another hike in 2H2023, bringing the OPR to 3.25%

May 04

“We believe there could be one more OPR hike by end-2023 to 3.

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OPR normalisation to pre-pandemic level of 3% likely to remain till end-2023, say economists

May 04

The majority of economists now bet that the OPR, which has normalised to pre-pandemic levels, will be maintained for the remaining three monetary policy meetings in 2023, scheduled in July, September and November.

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BNM makes surprise 25bps hike in OPR to 3%

May 03

The rate hike, after two consecutive pauses in early 2023 at 2.

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National Housing Policy – a great blueprint awaiting implementation

Apr 28

There are various laws that are applicable to the housing development, but there are still weaknesses in the control, implementation and enforcement of these laws.

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Reduce parking to reduce traffic congestion

Apr 15

A change in parking policy should be integrated into future residential planning to alleviate our traffic woes.

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Think City, community leaders to spearhead K2K programme for local public housing

Apr 10

K2K aims to enhance support of public housing communities and building management to solve social, economic and physical challenges through four critical areas, namely community empowerment, community co-management, improved income generation, and policy reform.

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MBSB first to announce Account 2 Support Facility for eligible EPF members

Apr 06

MBSB, in a statement on Thursday (April 6), said its shariah-compliant facility Ihsan-i will be offered to EPF members who are between 40 and 55 years of age, with a minimum of RM3,000 in their Account 2 and EPF i-Account holders, beginning April 7, 2023.

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Banks to use standardised key provisions for housing loan agreements regardless of loan amount — ABM

Mar 30

ABM said it first introduced in 2013 the standardised template for description of key terms and conditions in respect of housing loan or home financing agreements for individuals involving a principal sum of RM500,000 and below.

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