ZADC
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
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
Penang property transactions picking up
With the first quarter of the year coming to a close, the general consensus is that the market remains subdued following a harsh 2016. However, the Pearl of the Orient could prove that there is still some shine to it, as it is expecting to see some positive numbers... Read more
Subdued property market means it’s a tenant’s market
Last year was a challenging year for the property market, especially with both high-end condominiums and offices witnessing remarkably subdued activity. In its summary of market highlight for the second half of 2016 and the outlook for the current year, global property firm Knight Frank Malaysia (KFM) said homebuyers... Read more
Buying Property Overseas: Do-It-Yourself or Find An Agent?
Many Malaysians are tempted to invest in properties abroad due to the higher yield they can earn from an overseas investment. For instance, Singapore, United Kingdom, Vietnam and Australia are just some of the popular destinations for Malaysian investors today. So, when buying a property overseas do you consider... Read more
Sentul Point ticks all the right boxes
BY Pavither Sidhu Sentul town has become one of the most sought-after places among buyers and investors thanks to its close proximity and good connectivity to where the action is – KL city centre. This fast growing neighbourhood enjoys easy access to various parts of Klang Valley including the... Read more
BSN Targets RM6b in loan disbursements for youth
Bank Simpanan Nasional (BSN) is targeting at least RM6 billion loan disbursement for its Youth Housing Scheme by July next year. Initially launched in July last year, BSN said the scheme is aimed at young married couples between the age 25 and 40 years old with a household income... Read more
Out of a total of 17,546 applications received for Rumah Selangorku, 8,770 have been rejected since the programme was introduced in 2012, Bernama reported. State Housing, Building and Urban Settler Management Committee chairman Datuk Iskandar Abdul Samad said the applications were rejected following strict conditions imposed by financial institutions.... Read more
Global economic and banking crisis looming
BY Ernest Cheong We are living in very perilous times. Since the beginning of 2015, the economic situation in Malaysia has worsened in tandem with the worsening global economy particularly in Europe and the United States. Reuters reported in 2015 that falling oil prices have driven Malaysia’s current account... Read more
Applying for a loan if you are self employed
A self-employed person, be it a freelancer, a consultant or artist, faces challenges in obtaining a home loan due to the fluctuating nature of their income sources. This article highlights some useful tips, which a self employed person can implement to successfully secure a bank loans. While you may... Read more