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PROPERTY NEWS

#ambank
AmBank Aims to Disburse Over RM20b Loans to Spur Development of SMEs in Next 3 Years
AMMB Holdings Bhd (AmBank Group) is targeting to disburse more than RM20 billion in loans in the next three years to spur development of small and medium s...

#cimb
CIMB Group to Disburse at Least RM12b Loans to B40 Group in 2019-2020
CIMB Bank Bhd and CIMB Islamic Bank Bhd are targeting to disburse at least RM12 billion to 40% households with the lowest income or B40 group under facilit...

#loans
Weak Loan Applications and Approvals in Jan to Feb 2019 - CIMB Research
The banking industry’s loan growth continued to ease from 5.5% year over year (y-o-y) at end-January 2019 to 5% y-o-y at end-February 2019 and CIMB Equit...

#WestMalaysia
Due to Expensive Housing Loans, Demand for Housing Remained Stagnant - Expert
A property expert has urged banks to offer housing loans at lower interest rates to assist first-time buyers and tackle the oversupply of property in the c...

#WestMalaysia
Property Market to Remain Subdued
The property market remains subdued in the short-to-medium term, AmInvestment Bank Bhd (AmInvestment Bank) observed in a reinitiation company report on S P...

#WestMalaysia
Sheda Roadshow a Must-Visit Before Potential Price Increase Next Year
The second Sarawak Housing and Real Estate Developers' Association (Sheda) Kuching Branch Home and Property Roadshow 2018 will be held at AEON Kuching Cent...

#WestMalaysia
Property Market Remains Challenging
JKG Land Bhd expects continued challenging times ahead and like other property developers and has appealed to the government to liberalise housing loan cri...

#WestMalaysia
A Rent-to-Own Programme for Affordable Housing
A programme that helps home-buyers cover the cash portion of the purchase price would be more effective in enabling more lower and middle income families t...

#BankingInvestment
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...

#WestMalaysia
Penang to Pilot Rent-to-Own Scheme in Bid to Increase Home-Ownership
GEORGE TOWN: Penang will be piloting a rent-to-own (RTO) scheme for those eligible to purchase low-cost (LC) and low-medium-cost (LMC) units to increase ho...

#foreign
Buying Property in Malaysia as a Foreigner
Foreigners in Malaysia are either expatriates or tourists, and thus have been received with warm welcomes when visiting our country. Now the Government is ...

#WestMalaysia
Government Eyes to Ease Bank Loan Process for First-Time Buyers
Many young housebuyers are unable to purchase properties due to affordability and stringent financing. Nevertheless, majority of first-time homebuyers are ...

#WestMalaysia
Housing Loans Dominate Malaysia’s Household Debt
Housing loans account for 52 percent of the country's total household debt, reported The Edge, citing a study by Bank Negara Malaysia (BNM) that was publis...
#WestMalaysia
Malaysian Banks Face Risk on Commercial Real Estate Loans
Malaysian banks face risks on their commercial real estate loans in 2018, although their overall asset quality is expected to remain stable on improving ma...

#WestMalaysia
Total Unsold Homes in Malaysia Highest in a Decade, Bank Negara Says
Malaysia faces a shortage of affordable houses for the masses, Bank Negara Malaysia (BNM) warned in a report that also disclosed data showing houses in the...

#WestMalaysia
Property Market Seen on Marginal Recovery
Maintain positive stance on the property sector: In the Budget 2018 announcement last Friday, the government announced that the "step-up†end financi...

#WestMalaysia
Experts Perplexed by Sticky Mall Rent, but Warn of Ticking Timebomb
KUALA LUMPUR, Oct 20 ― Secondary malls unable or unwilling to reduce rent amid a growing oversupply of retail space were setting themselves up for i...

#affordable
Happy Family to Build More Affordable Homes
Happy Family Homes Malaysia aims to build more affordable homes for the poor community in Sabah.
The assistance given by Happy Family is for those who a...

#EastMalaysia
Sabah Tekun Disbursed RM408million in Business Loans
Tekun Nasional has disbursed RM408 million in small loans to Sabah businessmen since its inception in 1998.
A total of 40,405 Sabahans had received 50,1...

#EastMalaysia
Condominium Completed, Delay in OC Has Left Buyers Displaced
The Gardens at Bundusan is a tastefully done residential development project undertaken by the SCLand Group. Located within the district of Penampang, it i...
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