UPDATED: Differences among the MM2Hs and PVIP at a glance
There are currently three schemes going on, and one in the pipeline — having its policies approved “in principle”.
Half of household loans are fixed-rate loans, unaffected by OPR hike, says Anwar
“The government certainly does not deny that the cumulative increase in the OPR by 100 basis points from 1.
Nga: Govt has no intention of upping the ceiling for non-bank loan rates
The current non-bank interest rates stand at 12% for mortgage loans and 18% for non-mortgage loans.
YTL Corp’s 2QFY23 net profit rebounds sharply as hotels, utilities segments improve
YTL Hospitality Real Estate Investment Trust's (YTL REIT) net property income (NPI) rose to RM66 million in 2QFY23 from RM55 million in the preceding quarter, while income available for distribution increased to RM27 million from RM17.
National short-term rental accommodation guide in the works, says Nga
Local Government Development Minister Nga Kor Ming said the guidelines and regulations will be included in the Cabinet Ministers Memorandum paper, led by the Ministry of Tourism, Arts and Culture, to deal with issues that occur at the operational and implementation levels of short-term rental accommodation KUALA LUMPUR (Feb 22): The government is working on a comprehensive short-term rental accommodation (STRA) guide that will be adopted by all local governments in Malaysia, said Local Government Development Minister Nga Kor Ming (pictured).
LBS Bina posts lower 4Q earnings, but full-year results see improvement
Going forward, LBS Bina executive chairman Tan Sri Lim Hock San said LBS Bina will continue to increase operational efficiency to improve its profit margins and ensure long-term business sustainability.
Public Investment Bank initiates ‘outperform’ call on Matrix Concepts on stable earnings, dividends
“This is a strong testament to its ability to adapt, and also speaks of the marketability of its products, especially those in Sendayan Developments (BSS),” said Tan.
Lii Hen's 4Q net profit rises 33.7% on low raw material prices, stronger US dollar
“With a largely controllable cost structure in place, a wider market base for the group’s products and rationalisation on the use of available workforce, and barring any unforeseen circumstances, the group will remain profitable for the financial year 2023.
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Budget 2023: LBS calls for revival of the Home Ownership Campaign and reduction of financing costs, among other things
“Ahead of the announcement, LBS wishes to make various proposals which it believes is crucial towards revitalising the property sector and is hopeful that the government will take these into account.
Airbnb calls for fair and practical guidelines for short-term rental accommodation
“In Penang, for example, the blanket ban that they proposed is probably a regulation that doesn’t make a lot of sense because there have to be ways in which challenges can be managed without an activity being banned, which is why we are suggesting that the existing Strata Management Act 2013 (SMA2013) be used at a building level to pass bylaws that are suited for the specific buildings instead.
