PROPERTY NEWS

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90% of Affordable Home Loans Are Rejected, So Here's How Loanplus Aims to Help

From 2016 to early 2017, only 24% of new property launches were in the range of approximately RM250k, which indicates an undersupply of affordable homes, a...
article-icon Banking & Investment
hit 211
clock 12-09-2018
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Singapore Leads Outbound APAC Investment - CBRE

According to CBRE's latest infographic, Asia Pacific's outbound investment trends are being led by Singapore. CBRE Executive Director for Capital Market...
article-icon Banking & Investment
hit 132
clock 10-09-2018
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Malaysia Central Bank Holds Rate Amid Subdued Inflation

Malaysia's central bank maintained its benchmark interest rate on the back of low inflation and tempered economic growth expectations for the year. This mo...
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hit 146
clock 07-09-2018
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OCBC Malaysia Banks on Cautious but Continued Growth

Despite the expectation of this year to be a challenging one for banks nationwide, OCBC Bank (Malaysia) Bhd (OCBC Malaysia) remains optimistic about the fu...
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clock 06-09-2018
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Bank Negara's International Reserves at RM104.5bil as of July 31

Bank Negara Malaysia's international reserves amounted to US$104.5 billion as at July 31 this year. This was a marginal 0.096 percent lower than the US$...
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hit 254
clock 08-08-2018
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Better Recognition Will See Cryptocurrencies Grow

Industry players mooted that with better recognition from regulators, the cryptocurrency industry will see a more positive growth. Bank Negara Malaysia ...
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hit 226
clock 05-07-2018
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Banks Waive Fee for Instant Interbank Fund Transfer

In line with Malaysia's central bank policy, banks are now offering free Instant Interbank Fund Transfer (IBFT). Last December, Bank Negara announced i...
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hit 259
clock 03-07-2018
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Government Looking to Replace Ringgit Notes With New Ones

The government is looking to replace the current currency notes with new ones to combat corruption. Prime Minister Tun Dr Mahathir Mohamad said in an in...
article-icon Banking & Investment
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clock 27-06-2018
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Banks Exercise Considerable Flexibility in Granting Housing Loans, With Three in Four Loans Approved

In slamming reports that banks are too strict with housing loans, Bank Negara Malaysia clarified that financial institutions exercise "considerable flexibi...
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clock 25-06-2018
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Maybank Mulls Demolishing Jalan Pantai Branch Building

Malayan Banking Berhad (Maybank) has temporarily halted plans to renovate its Kota Kinabalu branch at Jalan Pantai due to structural issues and is consider...
article-icon Banking & Investment
hit 2,073
clock 29-05-2018
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Maybank Islamic Opens Rent-to-Own Scheme to Secondary Market

Maybank Islamic Bhd's Rent-to-Own (RTO) scheme, HouzKEY has been expanded to include properties in the secondary market to cater to customers' demand for a...
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clock 21-05-2018
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Maybank MaxiHome Ezy Offers Lower Monthly Repayments

In a bid to help first-time buyers get up the property ladder, Maybank introduced a new affordable housing loan scheme, in which it offers RM10 billion wor...
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clock 08-05-2018
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Maybank Revises Base Rate Upwards to 3.25 Percent

Maybank will be revising upwards its base rate (BR) to 3.25 percent per annum from three percent per annum and base lending rate to 6.90 percent per annum ...
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clock 31-01-2018
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Putrajaya Proposing Lower House Loan Interest Rate, Even as BNM Hikes OPR

Putrajaya said today it will submit a proposal to Bank Negara Malaysia (BNM) proposing a lower mortgage interest rate, in a bid to reduce the overall finan...
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hit 929
clock 26-01-2018
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First Syariah Alternative to Securities Borrowing and Lending Launched

Bursa Malaysia yesterday launched the world's first syariah-compliant alternative to Securities Borrowing and Lending (SBL). Chief executive officer Dat...
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hit 334
clock 368d ago
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Declining MGS Yields in May Makes REITS More Appealing

Real estate investment trusts (REITs) are on track to see marginal earnings recovery this financial year, as a decline in Malaysian Government Securities (...
article-icon Banking & Investment
hit 545
clock 08-06-2017
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Ringgit Extends Gains Against US$ Early Wednesday

The ringgit extended Tuesday's gains to open higher against the US dollar on Wednesday as more investors shifted their interest towards emerging currencies...
article-icon Banking & Investment
hit 783
clock 03-05-2017
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Foreign Purchases Slow but Steady on Bursa

MIDF Amanah Investment Sdn Bhd (MIDF Research) observed that foreigners took their foot off the pedal as the amount purchased in the open market – e...
article-icon Banking & Investment
hit 460
clock 18-04-2017
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Rise in Property Loan Approval Is Not Sustainable

There are hundred of new launches and properties in the market. Hence, making these properties attainable requires strong monetary backing from the financi...
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hit 639
clock 30-03-2017
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BNM Governor: Malaysian Economy to Expand 4.3-4.8percent This Year

The country's economy is projected to expand between 4.3 and 4.8 percent this year driven by domestic demand and support from the external sector, says Ban...
article-icon Banking & Investment
hit 458
clock 27-03-2017
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