Search Results for loan

Banking Institutions To Continue Giving Home Loans For Eligible Customers

KUALA LUMPUR, (Bernama) — Banking institutions will continue to provide home financing facilities to eligible customers, said the Association of Banks in Malaysia (ABM) and the Association of Islamic Banking Institutions Malaysia (AIBIM). In a joint statement today, the two associations said there are various types of home financing offered by commercial banks and Islamic […]

Continue reading >

Bank Negara: 35 Years Housing Loan Tenure Sufficient

KUALA LUMPUR: Bank Negara Malaysia (BNM) says the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age. [bctt tweet=”Bank Negara: 35 Years Housing Loan Tenure Sufficient” username=”wma_property”] It said on Tuesday if the housing loan is offered when the borrower is 25 […]

Continue reading >

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. [bctt tweet=”Mah Sing Seeks Easier Loan Approval For First-time Home Buyers” username=”wma_property”] Mah Sing Group Managing Director Tan Sri Leong Hoy Kum urged the banks to […]

Continue reading >

Rehda: Loans Should Be For Below RM500,000Homes

PETALING JAYA: The Real Estate and Housing Developers’ Association Malaysia (Rehda) wants the proposed “moneylender licences” for eligible housing developers be capped at properties below RM500,000 to assist first-time homebuyers and genuine upgraders to afford homes. [bctt tweet=”Rehda: Loans Should Be For Below RM500,000Homes” username=”wma_property”] Rehda president Datuk Seri FD Iskandar said many genuine housebuyers […]

Continue reading >

Developer’s Loan Unlikely To Boost Housing Market

The government’s decision to permit property developers to grant housing loans to home buyers who cannot acquire a full mortgage from commercial banks is unlikely to have a major positive effect on Malaysia’s residential market, according to experts. [bctt tweet=”Developer’s Loan Unlikely To Boost Housing Market” username=”wma_property”] AllianceDBS analyst Quah He Wei said the impact […]

Continue reading >

Total Debt Servicing Ratio (TDSR) Tweaked For Refinancing Of Home Loans

SINGAPORE — The Monetary Authority of Singapore (MAS) has refined the Total Debt Servicing Ratio (TDSR) framework to allow all homeowners to be exempted from meeting the 60 per cent threshold when refinancing mortgages of the home they reside in. In a statement on Thursday (Sept 1), the central bank said the move was taken […]

Continue reading >

How Much Loans Should You Take When Buying A Property?

In property investment field, bank loans are always stand in an important role when the property investors buying an investment property. But, how much loans should they really take when buying a property? [bctt tweet=”How Much Loans Should You Take When Buying A Property?” username=”wma_property”] For those who have been attended property investment seminars, believe […]

Continue reading >