News List

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.

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.

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).

PRG Eyes 70 Pct Revenue Contribution From Property Sector

KUALA LUMPUR, July 19 (Bernama) -- PRG Holdings Bhd, a Bursa Main Market listed company, expects its property sector to contribute 70 per cent to the group revenue by 2017 following a number of projects in the pipeline.

DRB-HICOM Appoints Shaharul Farez As COO, Property, Corporate Planning & Strategy

KUALA LUMPUR, July 18 (Bernama) - DRB-HICOM Bhd has appointed Shaharul Farez Hassan as its Chief Operating Officer (COO), Property, Corporate Planning and Strategy, effective July 15, 2016.

Malaysian Property Market To Pick Up In 2h 2016

By Zarul Effendi Razali KUALA LUMPUR (Bernama) -- The Malaysian property market is expected to pick up in the second-half of the year with healthy recovery signs shown by the industry.

Rent-To-own Concept To Enable PPRT Flat Occupants To Become Property Owners

SHAH ALAM, July 17 (Bernama) -- The Urban Wellbeing, Housing and Local Government Ministry will introduce the rent-to-own concept to enable low income earners to become property owners under the Hardcore Poor Housing Project (PPRT).

BSN Targets 10,000 Borrowers Under Youth Housing Scheme

KUALA LUMPUR, July 14 (Bernama) -- Bank Simpanan Nasional (BSN) is striving to get 10,000 new borrowers under its Youth Housing Scheme to boost its low take-up rate.

SP Setia Shares Up Boosted By OPR Cut

KUALA LUMPUR, July 14 (Bernama) -- SP Setia Bhd's shares emerged as one of the top gainers thus far, lifted by the overnight policy rate (OPR) cut by Bank Negara Malaysia as the move would be a shot in the arm for the property sector, said PublicInvest Research.

Central Bank Could Opt For Further Cut In Lending Rate

By Nurul Hanis Izmir KUALA LUMPUR, July 14 (Bernama) -- While equity markets and the financial industry assimilate the surprised move by Bank Negara Malaysia to cut its lending rate, research houses are already of the opinion that rates are in for a further reduction, but all for a good reason.