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The Fault in our Home Loans
  BY Sheldon Fernandez                                                                                           ... Read more
BNM’s RM1bil fund aims to lower monthly mortgage
FIRST-TIME BUYERS COULD SEE MONTHLY COMMITMENTS LOWER BY 23% COMPARED WITH CURRENT FINANCING SCHEMES There is good news on the horizon for first-home seekers and comes courtesy of the central bank. According to Bank Negara Malaysia (BNM), its recently launched RM1 billion Fund for Affordable Homes will see first-time... Read more
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
Could interest rate hikes lead to price adjustments?
PRICES HAVE TO COME DOWN IN ORDER TO AVOID SOURING INTEREST IN THE PROPERTY MARKET   While Bank Negara Malaysia’s move to raise interest rates is largely seen as unavoidable and necessary by most economists, there is also serious concern about how this may impact the property sector. Currently,... 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
BNM proposes central authority for affordable housing
The prolonged mismatch between the price of supplied property and the average affordability level of Malaysian citizens has prompted Bank Negara Malaysia (BNM) to be more vocal about the issue in recent months. Having referred to the issue as “critical” late last year, it has subsequently made suggestions on... Read more
Bank Negara maintains OPR at 3% (for now)
Some called it wrong, some called it right, but inflation concerns persist and many wonder how long the overnight policy rate can remain unchanged. Although Bank Negara Malaysia (BNM) decision to retain an OPR of 3% last week produced an audible sigh of relief among those who have already... Read more
Of Malaysia’s inflation and interest rates
BY Zoe Phoon News of the country’s escalating inflation rate and resulting (potential) rise in interest rates has put the market on the edge of its seat. The media is alight with commentaries and perspectives as experts scramble to explain, or make sense of, the latest seismic movement in... 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
Pivoting towards a rental market?
BY Chris Prasad Rapid development has made Malaysia a nation that is somewhat obsessed with homeownership. The heyday of double-digit economic growth contributed to a robust appetite for property buying, which could almost be compared to the “land rush” years in the American Wild West. However, it has also... Read more