To improve access to housing, govt to shift focus from ownership to rental
Putrajaya’s housing programme is to be guided by the concept of shelter as a basic need and human right, instead of homeownership.
BMI: Bank Negara to begin cutting rates in early 1H2024
“Looking ahead, we believe that the BNM will be wary of loosening monetary policy too soon.
Economists see OPR staying at 3% till end-2024
BNM’s latest statement on Thursday guided that the current monetary policy stance remains supportive of the economy and is consistent with the current assessment of the inflation and growth prospects, while it remains vigilant to ongoing economic developments.
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Addressing Malaysia’s sick housing project crisis from a legal perspective
Current solutions of EOT for developers and LAD for homebuyers are in place, but the issue of “sick” housing projects not only persists but continues to rise.
BNM keeps OPR at 3%, sees inflation moderating in 2H
This is the third consecutive time that the OPR has been at 3%.
High time for Act to regulate urban regeneration efforts — REHDA
“While we know that the trend towards urbanisation will continue to expand, KPKT recognises that this must be done in an orderly and proactive manner which includes ensuring that older buildings are given a new lease of life, even as newer buildings appear to fill the growing demand of urbanisation.
Singaporean MeGroup’s Malaysian unit acquires Balakong property for RM16.2 mil
The 99-year leasehold property is on industrial land that measures some 4,868 square metres (sq m).
TA Securities positive on CapitaLand Malaysia Trust’s disposal of 3 Damansara Office Tower
In a research note, TA noted that the proposed disposal for RM52 million translates into a premium of 4% over the property’s market value, and would result in a net gain of RM400,000 for the group.
Bursa quizzes Lion Industries over RM92 mil land disposal
Bursa Securities in a query asked Lion Industries five questions, including the reason for the estimated expenses for the disposal at RM22.
Axis REIT sues ex-tenant to recover RM105 mil in unexpired future rental payments
The REIT said the suit against Yongnam Engineering Sdn Bhd (YESB) was filed by its trustee, RHB Trustees Bhd, at the High Court in Johor Bahru on Tuesday.
