Additional condition to housing policy, says deputy minister

source: By MELVIN CHOW SHAH ALAM: The Ministry of Urban Wellbeing, Housing and Local Government of Malaysia today announced the “registration on bulk purchases of residential units” as an additional condition in the advertisement and sales permit for housing development at the launch of the StarProperty Fair at the Setia City Convention Centre in Selangor.... Continue Reading →

A guide to property valuations

BY LOANSTREET INSIGHTS WHETHER you’re a potential homebuyer or a greenhorn property investor, your impending venture into the property market will very much revolve around valuations. You might have heard the term being thrown about by experienced property market players, but how much do you know about valuations and how the process would influence... Continue Reading →

OPR Hike By 25bps: How Will It Affect You? OPR Hike By 25bps: How Will It Affect You? By Iris Lee . 11 July 2014 . Home Loan, Interest Rate, News Updates, Personal Loan Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points to 3.25% on July 10, 2014 – its first hike since May 2011. This... Continue Reading →

Ringgit at 36-week high due to OPR hike expectation KUALA LUMPUR: The ringgit, which is currently hovering at 3.17 to the US dollar, its highest in 36 weeks since November 2013, is expected to take a cue from the outcome of the Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting tomorrow. “The ringgit could potentially strengthen to 3.15 per US dollar in the... Continue Reading →

How OPR hike will affect borrowers How OPR hike will affect borrowers Posted on 18 March 2014 - 05:39am Ee Ann Nee Print PETALING JAYA: Bank Negara Malaysia (BNM) may have maintained the overnight policy rate (OPR) at 3% in the last Monetary Policy Committee (MPC) meeting on March 6, 2014 but a potential hike is estimated to happen... Continue Reading →


OPR Decision and Statement OPR Decision and Statement  Date Change in OPR (%) New OPR Level (%) Monetary Policy Statement 10 Jul 2014 +0.25 3.25 View Statement 08 May 2014 0 3.00 View Statement 06 Mar 2014 0 3.00 View Statement 29 Jan 2014 0 3.00 View Statement 07 Nov 2013 0 3.00 View Statement... Continue Reading →

GST and OPR will affect house prices PETALING JAYA: The anticipated goods and services tax (GST) and the hike in the overnight policy rate (OPR) will impact housing affordability and sales, according to Maybank IB Research. It said the benchmark OPR of 3% was expected to rise 50 bps (basis points) to 3.5% following the central bank’s monetary policy committee meeting... Continue Reading →

New OPR will have little impact PETALING JAYA: An increase of 0.25% in the overnight policy rate (OPR) will not have a significant impact on borrowers for low-cost and affordable housing priced between RM45,000 and RM450,000, according to a senior executive of a real estate agency. VPC Realtors (KL) Sdn Bhd director James Wong said there would only be an... Continue Reading →

New Bank Negara rules will dent housing market

New Bank Negara rules will dent housing market KUALA LUMPUR: New property rules unveiled by Bank Negara Malaysia to curb rising household debt could adversely affect the housing market, industry players said. They said any new measures other than those already announced in the 2014 Budget would dent the market in the Klang Valley,... Continue Reading →

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