We need a “Job-Centric” budget, says PropertyGuru
News November 2, 2020
Budget 2021 should focus on job creation and economic drivers, particularly for youth and first-time home seekers, says leading property portal and real estate listings site PropertyGuru. It said these demographics have seen a surge in home ownership interest following the COVID-19 outbreak. However, despite a bevy of property... Read more
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
Ticking time bomb Down Under
Market Watch June 8, 2017
RISING HOUSEHOLD DEBT POISED TO HURT, WHILE HOUSE PRICES ARE BEING CITED AS BEING ‘DANGEROUSLY DUMB’ BY Chris Prasad Australians have reportedly borrowed up a storm and are now racking up extreme levels of debt to buy homes in a landscape that already houses some of the world’s... Read more
PwC RATES INDIAN CITIES AS TOP TWO CONTENDERS A report from international business news agency Bloomberg cites India as not only the fastest growing economy in the world, but also a market that will offer the best real estate investment deals in the year ahead. A global survey has ranked... Read more
Of Malaysia’s inflation and interest rates
Issues April 3, 2017
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
OPR cut greeted with sighs of relief
News July 16, 2016
BY Chris Prasad Bank Negara Malaysia’s mid-week decision to reduce the Overnight Policy Rate (OPR) to 3.00 per cent has been welcomed with open arms by the property industry, which has seemingly been hammered on all fronts in the current economic environment of lacklustre demand, rising construction material costs,... Read more
