PROPERTY NEWS

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Finance Ministry: Stamp Duty Exemption for First-Time House Buyers From Jan 1, 2019

First-time homebuyers will be fully-exempted from paying stamp duty for properties up to RM1mil from Jan 1, says the Finance Ministry. Its minister Lim ...
article-icon Banking & Investment
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clock 30-12-2018
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Genting Shares Remain Resilient Amid Legal Drama

Genting Bhd’s shares bounced back after a substantial loss on Wednesday following a lawsuit by Wynn Resorts Ltd alleging that the former’s yet-to-open ...
article-icon Banking & Investment
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clock 29-12-2018
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Towards a Cashless Society — 14 Banks Now Offer DuitNow

DuitNow, a new electronic payment service from Payments Network Malaysia Sdn Bhd (PayNet) that allows bank customers to transfer money instantly and secure...
article-icon Banking & Investment
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clock 18-12-2018
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Malaysian Authorities Declare Regulatory Intentions for Crypto

As the world is increasingly embracing Blockchain technologies, Malaysia recently took a significant step towards the inclusion of Crypto and digital asset...
article-icon Banking & Investment
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clock 11-12-2018
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Greatest Threat for Malaysian Banks - Property Loans

The latest report by Moody’s Investors Service has set off alarm bells over the direction of Malaysia’s financial system, after the ratings agency call...
article-icon Banking & Investment
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clock 10-12-2018
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Virtual Banks Can Give Conventional Banks a Run for Their Money

The rapid emergence of virtual banks in the past decade has proven to pose existential threats to conventional banks around the world, forcing them to keep...
article-icon Banking & Investment
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clock 04-12-2018
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Lazada to Sell Houses Online

Lazada Group will begin selling houses on its online shopping platform soon and is planning its next shopping festival, 12.12, to boost sales. As it is,...
article-icon Banking & Investment
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clock 29-11-2018
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Airport REIT, Departure Levy Pose Potential Constraints, Says Mavcom

The proposed Airport Real Estate Investment Trust (Airport REIT) and departure levy could materially constrain the development of the Aeronautical Charges ...
article-icon Banking & Investment
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clock 24-11-2018
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M-REIT Industry Set for More Growth

Malaysia's iconic and jewelled assets are in M-REITs. Rare an excellent proxy to the Malaysian EAL estate investment trusts (REITs) property market. ...
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clock 23-11-2018
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Only 55% of Malaysians Pay Their Bills on Time, Says AKPK

Agensi Kaunseling dan Pengurusan Kredit (AKPK) said that only 55% of Malaysians pay their bills on time, which is 25% below world average. AKPK chief e...
article-icon Banking & Investment
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clock 19-10-2018
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44 Banks Want to Free You From the Hassle of Memorising Account Numbers

Some of you may have gotten a potentially questionable text from your banks—that your phone number might be integrated with something called ‘DuitNow',...
article-icon Banking & Investment
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clock 17-10-2018
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We May Have to Come Up With New Taxes, Says Dr M

Putrajaya may need to devise new taxes in order to pay off the country's huge debts, according to Prime Minister Dr Mahathir Mohamad. He said there had ...
article-icon Banking & Investment
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clock 10-10-2018
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Are Housing Loan Approvals Showing the True Picture?

As Malaysia's central bank, Bank Negara acts to promote monetary and financial stability and ensures that we have a strong financial sector that supports t...
article-icon Banking & Investment
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clock 08-10-2018
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House Purchases: Need for Easier Financing Schemes

Bank Negara Malaysia should work out easier financing schemes for all property buyers instead of just focusing on first time house buyers and the Bottom 40...
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clock 06-10-2018
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Impact Banking: Putting the Impact Back Into Islamic Finance

Getting arcane structures to be technically Shariah compliant has become a huge focus of Islamic finance, but a new initiative in Malaysia attempts to make...
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clock 23-09-2018
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Malaysia August Inflation Pace Slowest in More Than 3 Years

With consumer prices rising at its slowest pace in more than three years, Malaysia's retail inflation was lower than expected in August official data showe...
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clock 23-09-2018
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Putrajaya Committed to Raising Minimum Wage to RM1,500 Within Five Years, Says M Kula

Human Resources Minister M Kulasegaran said that the Pakatan Harapan government is committed to its 14th general election promise of raising the minimum wa...
article-icon Banking & Investment
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clock 19-09-2018
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Buying and Selling Property With Cryptocurrency: Mainstream by 2020

Cryptocurrency is the enigmatic online currency that takes control out of the hands of the government. It is still in its infancy and, according to one exp...
article-icon Banking & Investment
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clock 18-09-2018
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5 Ways to Invest in Real Estate Without Ever Buying Property

10% of the top fortunes in America have been built in real estate, according to Forbes. Although major deals may require large degrees of startup capita...
article-icon Banking & Investment
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clock 18-09-2018
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CIMB to Offer Lower Financing Rates for Hybrid Vehicles and GBI-Certified Properties

CIMB Bank Berhad and CIMB Islamic Bank Berhad have rolled out preferential financing rates for new hybrid vehicles and residential properties certified und...
article-icon Banking & Investment
hit 212
clock 14-09-2018
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