PROPERTY NEWS

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LaBrooy: Government Buildings’ REIT Will Do Very Well

Alpha REIT Managers Sdn Bhd chairman Datuk Stewart LaBrooy said real estate investment trust (REIT) of government buildings would do very well, given the g...
article-icon Banking & Investment
hit 76
clock 6h ago
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Ringgit to Move in Range of 4.0602 – 4.0719 Against USD Today - AmBank Research

AmBank Research expects the ringgit (MYR) to trade on a slightly muted note, between its support levels of 4.0569 and 4.0602 while the resistance is pinned...
article-icon Banking & Investment
hit 64
clock 1d ago
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SE Asian Stocks in Red Except Malaysia and Vietnam

As most of the Southeast Asian equity markets ended lower, Malaysia gained as investors took positions amid the earnings season. Malaysian index gained 0.8...
article-icon Banking & Investment
hit 72
clock 2d ago
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Huge Interest for Investing in Vietnam, Your Hot New Luxury Property Market

The Grand Manhattan embraces the latest in New York living. The 39-story development will house apartments, a hotel, restaurants and some of the most expen...
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hit 98
clock 3d ago
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EPF Declares 6.15 Percent Dividend for Conventional Savings, 5.9 Percent for Shariah

The Employees Provident Fund (EPF) has declared a dividend rate of 6.15% for Simpanan Konvensional 2018, with payout amounting to RM43 billion and 5.9% for...
article-icon Banking & Investment
hit 101
clock 4d ago
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Malaysia's Construction Sector Is Expected to Weigh Down Expansion in 2019

RAM Ratings expects Malaysia's economic growth to moderate slightly to 4.6% in 2019 from 4.7% in 2018, due to slower exports and investment activities. ...
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clock 7d ago
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Standard Chartered Said to Mull Options for Malaysia Islamic Arm

Standard Chartered Plc is considering options for its Islamic banking unit in Malaysia, including a potential sale, people with knowledge of the matter sai...
article-icon Banking & Investment
hit 177
clock 09-02-2019
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Banks to Work With Govt Credit Guarantee Company to Ease Housing Loans for Low-Income Earners

All banks will be required to co-operate with government-owned credit guarantee company, Syarikat Jaminan Kredit Perumahan Berhad (SJKP), under the Nationa...
article-icon Banking & Investment
hit 253
clock 31-01-2019
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Rehda Looks Forward to National Campaign to Tackle Property Overhang

“The Home Ownership Campaign is a positive move to reduce the number of overhang (unsold) properties in Penang,” he told a press conference here. Th...
article-icon Banking & Investment
hit 205
clock 30-01-2019
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Malaysia to Put $5.5 Billion of Homes on the Sale Rack in March

Malaysia is planning a sale for $5.5 billion of real estate to bridge the gap between property oversupply and lack of affordable homes, with developers ask...
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hit 231
clock 30-01-2019
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Property Expert Cautions Govt Against Taxing Long-Time Owners Who Sell Their Homes

A senior chartered property surveyor has urged the government to exempt senior citizens from the real property gains tax (RPGT), saying it is not fair to b...
article-icon Banking & Investment
hit 348
clock 21-01-2019
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Malaysia Achieves Record Direct Tax Collection of RM13.72b in 2018

The Inland Revenue Board of Malaysia achieved a new record in direct tax collection last year, with RM13.723 billion collected, which is 11.13% more than ...
article-icon Banking & Investment
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clock 21-01-2019
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Big Dip in Investment Value Seen

Khazanah Nasional Bhd, which is due to release its annual performance review in February next month, will likely report a significant drop in the value of ...
article-icon Banking & Investment
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clock 16-01-2019
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HSBC Engaging With BNM to Push Blockchain Trade Finance Platform

HSBC Malaysia is in regular engagement with Malaysian regulators, particularly Bank Negara Malaysia (BNM), in pushing blockchain-based trade finance platfo...
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clock 12-01-2019
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RPGT Poised to Impact Long-Term Investors

In the 2019 Budget, among the measures that stood out the most is the imposition of five per cent Real Property Gain Tax (RPGT) on gains from disposal of p...
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clock 11-01-2019
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Bank Employees to Enjoy 0% Housing Loan for First RM100k

Bank employees will soon enjoy 0% interest in their housing loans for the first RM100,000. All member banks under the Malayan Commercial Banks’ Associ...
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hit 279
clock 11-01-2019
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Pockets of Opportunities in Malaysia Property Sector in 2019, Says Knight Frank

Property consultancy Knight Frank Malaysia said the local property market has held up rather well in the second half of 2018 (2H2018) and more improvement ...
article-icon Banking & Investment
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clock 10-01-2019
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Malaysia Needs 3 Years to Restore Fiscal Health – Guan Eng

Malaysia will require three years to restore its fiscal health and take its position as “the most promising emerging economy” to achieve high-income st...
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clock 03-01-2019
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New RPGT Rates Will Dampen Sales

Malaysia’s revised Real Property Gains Tax (RPGT) rates that take effect from Jan 1, 2019, will dampen market sentiment and sales in the near term, accor...
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hit 469
clock 01-01-2019
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Teh Hong Piow Officially Retires From Public Bank

Public Bank Bhd founder Tan Sri Teh Hong Piow will officially retire from his post as non-executive chairman on January 1. Teh began his banking career ...
article-icon Banking & Investment
hit 288
clock 01-01-2019
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