News List

First-Time Home-owners Continue To Have Access To Financing, Says BNM

KUALA LUMPUR, July 20 (Bernama) -- First-time home-owners continued to have access to financing, said Bank Negara Malaysia (BNM).

Sime Darby Property To Launch Elmina Valley Phase 3 Saturday

KUALA LUMPUR, July 21 (Bernama) -- Sime Darby Property will be launching phase three of the Elmina Valley homes at the City of Elmina this Saturday.

Bank Islam, UME Ink RM15.5 Million Waqf Land Development Financing Deal

KUALA LUMPUR, July 25 (Bernama) --Bank Islam Malaysia Bhd today signed a financing agreement with developer Urus Maju Ehsan (M) Sdn Bhd (UME) for two waqf land development projects worth RM15.5 million.

Property Sector To Remain Challenging This Year, But Manageable

KUALA LUMPUR, July 27 (Bernama) -- The property market will continue last year's downtrend following the uncertain economic scenario including the slowdown in the Chinese economy, said the Valuation and Property Services Department, Ministry of Finance.

Higher EPF Account 2 Withdrawal Limit Will Boost Property Mart: Kenanga

KUALA LUMPUR, July 27 (Bernama) -- An increase in the withdrawal limit for the Employees Provident Fund Account 2 (to 30 per cent of a subscriber's EPF account) will help increase home ownership substantially and boost the property market, said Kenanga Investment Bank Bhd.

KAF Investment Aims To Generate RM100 Million For First Feeder Fund

KUALA LUMPUR, Aug 1 (Bernama) -- KAF Investment Funds Bhd (KAF) aims to generate RM100 million from its first feeder fund, KAF Australian Islamic Property Fund (KAIPF), within the first six months of its launch

Axis REIT To Acquire Land, Industrial Complex From Scomi For RM42 Million

KUALA LUMPUR, Aug 1 (Bernama)-- Axis REIT Managers Bhd (ARMB) is acquiring a parcel of land along with an industrial complex facility on it from Scomi Coach Sdn Bhd for RM42 million cash.

M'sian Companies, PT Hanson Sign MoU For RM3.5 Bln GDV Affordable Housing Project

JAKARTA, Aug 2 (Bernama) -- Three Malaysian companies, namely Sime Darby Bhd, I&P Group Sdn Bhd and SP Setia (Indonesia) Sdn Bhd, have teamed up with Indonesia's PT Hanson International Tbk to jointly develop an affordable housing project here

Houses Up To RM165,060 Affordable For Median Malaysians

PUTRAJAYA, Aug 3 (Bernama) -- Houses priced up to RM165,060 are considered affordable to a median Malaysian household.

PCCC Wants BNM To Ease Lending Measures Affecting Property Sector

GEORGE TOWN, Aug 5 (Bernama) -- The Penang Chinese Chamber of Commerce (PCCC) wants Bank Negara Malaysia (BNM) to ease lending measures affecting the property sector, particularly loans for the affordable housing segment.