ZADC
Young Home Seekers Driving PropTech Growth
Demand for property in Malaysia remains healthy despite the COVID-19 outbreak and resulting Movement Control Orders (MCOs) according to the PropertyGuru Malaysia Consumer Sentiment Study H2 2020, with 81% of young or first-time buyers eager to purchase a home by end-2021. This includes a surge of interest among younger... 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
Johor housing loan scheme available for first timers
The Johor government, in collaboration with AmBank Islamic Bhd, has introduced a housing loan scheme to provide Islamic home financing to help Johoreans own affordable homes. Menteri Besar Datuk Mohamed Khaled Nordin said the scheme, which offers a total of RM300 million in loans to those earning below RM5,000 a month, is expected to help at least... Read more