Sarawak To Build 9,185 Units Of Quality Affordable Homes By 2019

KUCHING, Mac 3 (Bernama) — Sarawak targets to build 9,185 units of quality affordable homes under eight development projects by 2019. Its Housing Minister Datuk Amar Abang Johari Tun Openg said his ministry was cooperating with the state Housing Development Commission, Perbadanan PR1MA Malaysia (PR1MA) and local developers to build them. Speaking at a news … Read more

Banks Should Offer First-Time House Buyers Flexibility In Obtaining Loans

PETALING JAYA, March 1— The Real Estate and Housing Development Association Malaysia (REHDA) is encouraging banks to be more flexible in providing loans to first-time house buyers. Fifty per cent of these buyers are not entitled for loans because they are unable to come up with the down payment, drew low salaries and had existing … Read more

BANK – Borrowing in 2016

Mortgage expert, Miichael Yeoh shared his views on the borrowing scene in 2016 and highlighted on mortgage planning for aspiring property buyers. Sharing the latest report by Bank Negara Malaysia (BNM), Miichael said that out of a total of RM 763.8 billion in home loan applications, only RM359.1 billion worth was approved in the period … Read more

Experts Forecast Lower Loan Growth

Loan growth in Singapore is expected to fall to five percent for the whole of 2015, but this could decline further next year, reported Channel NewsAsia citing experts. “Between 2013 and 2015, while domestic growth has slowed down, overseas growth was able to compensate for slowness in domestic growth. But now, with China-led regional slowdown, even … Read more