Source: Bank Negara Malaysia KUALA LUMPUR (Sept 20): Bank Negara Malaysia (BNM) said today that the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age.
PETALING JAYA (Sept 20): Tropicana Corp Bhd will hold a campaign for families to eat, play and bond over four consecutive weekends at four property galleries.
AS controversy rages over the suggestion for developers to lend money to prospective buyers who have difficulties getting financing to purchase properties, one question remains unasked: Will lower property prices help resolve the buyers’ financing problem? The logic is that by reducing prices, prospective buyers will be eligible to get a margin of financing that is sufficient to buy the developers’ products.
THE building that houses Universiti Malaya’s new Malaya Graduate School of Business is the product of a successful collaboration between local architecture firm Akitek Rekabina Sdn Bhd and Rome-based BiCuadro Architects.
SAUNTERING across his office to retrieve his blazer, Datuk Hajeedar Abdul Majid points to photographs of his grandchildren displayed atop a long cabinet and chuckles fondly.
KUALA LUMPUR (Sept 15): The urban wellbeing, housing and local government ministry has been tasked by the cabinet to formulate a set of guidelines for property developers wishing to use moneylending licences to provide bridging loans to buyers facing constraints in meeting the initial payment.
THERE is a big elephant in the room and it is Malaysia’s household debt — among the highest in Asia.
THE Edge Malaysia Property Excellence Awards recognise Malaysia’s best developers and outstanding projects throughout the country.
KUALA LUMPUR (Sept 14): The Ministry of Urban Wellbeing, Housing, and Local Government has been tasked by the cabinet to formulate a set of guidelines for property developers who wish to undertake a money-lending licence to provide bridging loans to buyers facing constraints in meeting the initial sale-and-purchase payment.
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