ZADC
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
Understanding the principles of Islamic financing
It is a widely known fact that Malaysia has one of the most advanced Islamic Finance industries in the world. Since its initial introduction more than a decade ago, Islamic financing products have evolved and matured to be comparable and just as competitive as other conventional loan packages. However,... Read more
BY Brianne Aeria-Ruffin Buying a home is one of those unique experiences in life that can be both exciting and daunting at the same time. Despite the swing in house prices, purchasing a home remains one of the best investments you could make, and with this in mind, it... Read more
Industry pleads with banks to ‘ease up’
BY Chris Prasad The plea for financial institutions to ease up on their current stringent housing loan application process and low approval rate is getting louder and louder, especially among industry professionals who say the prolonged tough loan climate is becoming detrimental to the property sector and the economy... Read more
More than meets the eye
BY Roznah Abdul Jabbar For most Malaysians, the first factor to consider in property buying is the price. For the uninitiated, there is only one thing to look at – the monthly instalment for the home loan. As long as you can commit to that amount, you should be fine,... Read more
What you need to know about CCRIS
For those familiar with this five letter abbreviation, it might as well spell N-A-S-T-Y. For those unfamiliar, well it’s high time you get acquainted because it might explain why your application for a loan is being thrown into a trash can. The truth is, many people only have a... Read more