News about loans

KUALA LUMPUR (May 31): Commercial banks in Malaysia will reduce the goods and services tax (GST) rate to 0% tomorrow (June 1), from 6% at present.

KUALA LUMPUR (Nov 20): The Association of Banks in Malaysia (ABM) has reiterated that its member banks “have been and will continue to” provide home loans to all eligible borrowers, said the association in a statement issued today to rebut claims that commercial banks are imposing strict rules on home loan applicants.

PETALING JAYA (Oct 27): Residential property loans made up a larger proportion of household debt – which rose by 5.

PETALING JAYA (Sept 20): Most developers are pessimistic on future sales performance, with 76% out of 153 respondents anticipating that their sales will be below 50% in 2H2017 and 1H2018, according to a survey by the Real Estate Housing Developers Association (Rehda) titled “Property industry survey 1H17 and market outlook for 2H17/1H18” in Peninsula Malaysia.

KUALA LUMPUR (April 10): The residential property sector is envisaged to remain sluggish this year, checked by depressed consumer sentiment and selective lending by banks, said RAM Rating Services Bhd.

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PETALING JAYA (March 8): The rejection rate for housing loans is as high as 60%, causing property sales to remain sluggish, says the Real Estate and Housing Developers' Association (Rehda).

Malaysia Building Society Bhd (Feb 23, RM1.

NOWADAYS whenever people talk about buying properties, more often than not, they blame banks for not lending enough.

KUALA LUMPUR (Oct 6): Encorp Bhd is selling 2.