Housing loan growth slowed in 2024, impairment ratio remained low, says BNM
Housing loan growth in Malaysia slowed year-on-year (y-o-y) to 6.9% in 2024, with owner-occupiers making up the bulk of growth, according to Bank Negara Malaysia (BNM).
Housing loan growth in Malaysia slowed year-on-year (y-o-y) to 6.9% in 2024, with owner-occupiers making up the bulk of growth, according to Bank Negara Malaysia (BNM).
MGB Bhd (KL:MGB) has completed the structural phase of its Idaman Cahaya 2 project in U12 Shah Alam, marking the milestone with a roof-topping ceremony last Friday.
Crest Builder Holdings Bhd (KL:CRESBLD) has proposed a private placement of up to 30% of its share base to raise RM24.3 million to pay for borrowings and purchase building materials.
Genting Bhd (KL:GENTING) has agreed to pay a fine of US$10.5 million (RM46.41 million) to the Nevada Gaming Commission as part of a settlement for a complaint against its Las Vegas resort.
Construction firm Inta Bina Group Bhd (KL:INTA) is acquiring a 100% stake in Aliran Restu Sdn Bhd, which holds development rights to three parcels of land in Bandar Glenmarie, Selangor, for RM5 million.
Luxury retailer Bonia Corporation Bhd (KL:BONIA) said it is raising its stakes in a property investment subsidiary and an associate operating seafood restaurant for a combined RM13.16 million.
Tropicana Corp Bhd conducted the delivery of vacant possession to the homeowners of SouthPlace Residences, Tropicana Metropark in Subang Jaya last month.
One of our favourite real estate outfits, PropNex Malaysia is showing off a number of landed homes for sale again via its latest open house this weekend (March 22 and 23).
Hotayi Electronic (M) Sdn Bhd, a Taiwanese electronics manufacturing services company, has launched the third phase of its expansion in Batu Kawan, Penang, with an investment of RM500 million in a manufacturing facility.
Nestlé (Malaysia) Bhd (KL:NESTLE) on Friday broke ground for a RM250 million integrated logistics hub in Port Klang.