News List

35 Years For Loan Repayment Is Sufficient, Says Central Bank

KUALA LUMPUR, Sept 20 (Bernama) -- The maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans before their retirement, Bank Negara Malaysia said.

Mah Sing Seeks Easier Loan Approval For First-time Home Buyers

KUALA LUMPUR, Sept 19 (Bernama) -- Mah Sing Group Bhd is urging the government to consider several initiatives including relaxing loan approvals in Budget 2017 for first-time home buyers

Fitch: Property Developer Lending Can Stoke Risks In Malaysia

KUALA LUMPUR, Sept 15 (Bernama) -- The decision to grant lending licences to property developers can add to the risks associated with rising household debt, says Fitch Ratings.

H1 Property Sales Fall By 39 Pct In H1 2016 -- REHDA

PETALING JAYA, Sept 14 (Bernama) -- Property sales in Malaysia slipped to 39 per cent in first half of 2016 (H1 2016) when compared to the robust 52 per cent posted a year ago, due to slower demand and end-financing related issues.

More Affordable Housing Schemes To Be Launched In Johor - MB

JOHOR BAHRU, Sept 13 (Bernama) -- The Johor government will meet its target of providing at least 60,000 units of affordable houses to people in the state by 2020, said Menteri Besar Datuk Seri Mohamed Khaled Nordin.

Noh To Explain Proposal For Developers To Offer Home Loans Tomorrow

TANJONG KARANG, Sept 13 (Bernama) -- Tan Sri Noh Omar today said that he would explain to the Cabinet the proposal for housing developers to offer home loans tomorrow and would accept whatever decision made regarding the matter.

Rehda Lauds Proposal On Money Lending Scheme For Developers

PETALING JAYA, Sept 8 (Bernama) -- The Real Estate and Housing Developers' Association (Rehda) said the proposal by the Government to issue money lending licence to developers is positive.

Ministry Mulls Proposal For Developers To Act As Money Lenders

PETALING JAYA, Sept 8 (Bernama) -- The Urban Wellbeing, Housing and Local Government Ministry is mulling a proposal for housing developers to be issued a money lending licence to help non-bankable house buyers and overcome down payment issues.

Plan For 3,855 Units Of 'Rumah Aspirasi Rakyat' A Boon For Affordable Housing

KUALA LUMPUR, Sept 7 (Bernama) -- It is a welcome news for people looking for affordable houses as 3,855 more units of Rumah Aspirasi Rakyat costing RM744 million will be built in six towns nationwide and completed within four years.

Construction Of Felda Housing Project To Begin In One- Or Two-Month

KUALA LUMPUR, Sept 6 (Bernama) -- The Federal Land Development Authority (Felda) plans to start the construction of single-storey terrace houses under the Felda New Generation Housing programme in one- or two-month, Chairman Tan Sri Mohd Isa Abdul Samad said.