News about om

  PETALING JAYA (Oct 11): The government today has proposed to lower the minimum price threshold for the foreign purchase of high-rise property specifically condominiums and apartments in urban areas, from RM1 million currently to RM600,000 effective 2020.

PETALING JAYA (Oct 11): The government has announced the introduction of a Rent-to-own (RTO) financing scheme to help prospective first-time homebuyers who are unable to afford the initial 10% deposit or the financing for the purchase of a home under RTO schemes.

To reduce the high number of unsold condominiums and apartments amounting to RM8.

The Government also wanted to strengthen the trade relationship with Thailand through the development of logistic hubs in the Special Border Economic Zone (SBEZ) of the Kota Perdana in Bukit Kayu Hitam of 100 acres.

KUALA LUMPUR (Oct 11): Malaysia's 2020 inflation, as measured by the consumer price index (CPI), is expected to rise 2% from a year earlier due to dissipating base factors and after taking into account the implementation of the nation's departure levy in 2019, according to Ministry of Finance's (MoF) Economic Outlook 2020 report.

KUALA LUMPUR (Oct 11): Malaysia's real gross domestic product (GDP) is expected to grow by 4.

KUALA LUMPUR (Oct 11): The overall household debt increased slightly to RM1.

PETALING JAYA (Oct 11): With continuing external uncertainties and slow domestic growth, the construction sector in Malaysia is expected to be supported by on-going infrastructure development.

PETALING JAYA (Oct 11): Malaysia’s real estate segment is projected to moderate in tandem with the prolonged overhang of residential and commercial properties.

KUALA LUMPUR (Oct 10): Risks to Malaysia's economic growth outlook continue to tilt towards the downside in anticipation that a sharper-than-expected slowdown in major economies, unresolved trade tension and a maturing global technology cycle could weigh on the country's export demand in the near term.