ZADC
LBS: Empower buyers in 2019
COMPANY HOPES GOVERNMENT WILL PROVIDE MORE IMPETUS FOR FIRST-TIME HOME OWNERSHIP AND FACILITATE BETTER ACCESS TO HOME LOANS IN UPCOMING BUDGET As part of its wish list for Budget 2019, veteran developer LBS Bina Group Berhad (LBS) says it is hopeful for policies that will help empower first-time home... Read more
Interest rates go up!

Interest rates go up!

News January 25, 2018

BANK NEGARA RAISES OPR ON THE BACK OF ‘STRONG GROWTH MOMENTUM’ At the Monetary Policy Committee (MPC) meeting held today, Bank Negara Malaysia (BNM) decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25%. As such, the floor and ceiling rates of the corridor for... Read more
PEPS: We’re not blaming developers
OVERHANG ISSUE IS A COMPLEX PROBLEM THAT REQUIRES ATTENTION FROM NUMEROUS STAKEHOLDERS IN THE PROPERTY INDUSTRY BY Chris Prasad The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has clarified that an earlier press statement by the body was not intended... Read more
Of UK rate hikes and waning buyer, seller interest
 BY Zoe Phoon The Bank of England has hiked its benchmark interest rate for the first time in more than a decade, from record lows of 0.25% to 0.5% on Nov 2. The move is widely expected to affect millions of households as rates on savings, mortgages and other... Read more
Does Budget 2018 reflect our 2020 goals?
 PEPS WEIGHS IN ON THE GOOD, THE BAD AND THE UGLY… For those who are not in the know, “PEPS” is the very succinct abbreviation of the elaborately-named Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector, Malaysia (or, in Bahasa Malaysia, Persatuan Penilai,... Read more
Who benefits from Budget 2018?
WHAT DOES THE PROPERTY MARKET STAND TO GAIN (IF ANYTHING)? The likely good news is, if you are a farmer, fisherman, factory worker or bottom-tier civil servant, this budget is all about you. If you are a middle-income earner looking to move up the property ladder or even make... Read more
Yes, prices CAN drop!
DOWNWARD CORRECTION OF PRICES BEING FELT IN RESIDENTIAL POCKETS WITHIN SELANGOR The infallibility of house prices is a belief that is more grounded in the track record of the Malaysia housing industry, and not necessarily rooted in fact. As a rule of thumb, house prices in key urban centres... Read more
Still subdued… still “waiting and seeing”
KNIGHT FRANK REAL ESTATE REPORT REVEALS WE’RE NOT OUT OF THE WOODS YET, BUT THERE ARE SOME POSITIVES TO HOLD ON TO BY Chris Prasad The prolonged lull in the property market is now reaching a point of immense frustration for industry players. Investors are still suffering the jitters,... Read more
MAPEX to focus on connected and affordable living
The largest property exposition in Malaysia is back, and this time it is paying attention to the key elements that are driving home buyer demand: affordability and convenient connectivity. Carrying the theme “Greater Connectivity for Better Affordable Living”, the expo organised by the Real Estate and Housing Developers’ Association... Read more
Alert! OPR rate hike on the cards
Market analysts foresee that the overnight policy rate (OPR) might go up by another 25 basis points (bps) before the end of the year. The latest to suggest that Bank Negara Malaysia (BNM) will consider this move is TA Securities Holdings Bhd, which said that the OPR will likely... Read more