BNM: Household debt continued to be driven by residential loans, debt servicing capability remained sound in 2022
A quarter of household borrowers had DSRs exceeding 60%, and they accounted for 33.
BNM standardises housing loan and home financing agreement for retail borrowers, says AIBIM
According to AIBIM, financial institutions are required to stop imposing fees on housing loan and home financing documents to lawyers from Feb 1 this year as part of the standardisation exercise.
DONE DEAL: Industrial land, Semenyih, Selangor
DONE DEAL: Bungalow, Seksyen U9, Shah Alam, Selangor DONE DEAL: Serviced Residence, Bukit Bintang, Kuala Lumpur Located in the Lion Industrial Park at Beranang, Semenyih, Selangor, the land is surrounded by key industrial sectors including automotive, chemical, metal and machinery.
Gamuda and partner buy Winchester House London for RM1.39b to turn into best-in-class ESG office space
Gamuda said it plans to refurbish and upgrade the property into a best-in-class, top-rated environmentally sustainable ESG office space that caters to global or multinational financial institutions, legal firms, and mega-tech corporations.
KPKT's Panel of Experts – who are they?
Besides an additional three members, this new POE comprises some from the previous administration and some new faces – all from diverse backgrounds in fields such as housing, finance, economics, civil service and construction.
HLIB expects stronger 2HFY23 for Gamuda driven by Australian projects
In a note on Friday (March 24), the research house said it expects a stronger 2HFY23 for Gamuda driven by RM8.
KPKT appoints “experts” from different fields to help out
Minister Nga Kor Ming: The appointment of the Panel of Experts is a strategic initiative to harness the knowledge, experience, and expertise of various parties to work together with KPKT, specifically in determining the best policies and programs for the people KUALA LUMPUR (March 23): The Local Government Development Ministry (KPKT) yesterday presented letters of appointment to 28 individuals who will make up a Panel of Experts (POE) to advise on programmes and policies that help the ministry tackle housing issues, solid waste issues and improving urban environments.
EcoWorld International’s net cash up by 159%; on track to achieve FY2023 RM1.4 billion sales target
In just three months, EcoWorld International’s net cash position has improved from RM172.
Henry Butcher Malaysia Mont Kiara celebrates success, lauds achievements of its staff
The company hosts its first annual dinner in three years Highlights strong teamwork and success in managing its signature portfolio of branded residential properties KUALA LUMPUR (March 22): Henry Butcher Malaysia Mont Kiara Sdn Bhd (HBMK) held its annual dinner event at Grand Hyatt Kuala Lumpur after a three-year hiatus (last annual dinner was held in 2019) due to the Covid-19 pandemic, last week.
'Scary' number of potentially problematic housing projects this year, says deputy minister
"If we are not transparent about this, then we may not be able to access the best medication to resolve it.
