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CBD Properties
Bank Negara Reduces OPR By 50bps To 2.0pct, More Cuts Likely This Year

Bank Negara Reduces OPR By 50bps To 2.0pct, More Cuts Likely This Year

by thireswar | Jun 4, 2020 | Local News, News

KUALA LUMPUR: Bank Negara Malaysia cut its Overnight Policy Rate (OPR) by 50 basis points (bps) to 2.00 per cent yesterday, as market consensus had expected, to ease the pain of the Covid-19 impact, economists said. They believe Bank Negara might still have some space...
Medac unveils RM372mil post-virus entrepreneur recovery plan

Medac unveils RM372mil post-virus entrepreneur recovery plan

by thireswar | Jun 4, 2020 | Local News, News

KUALA LUMPUR: The Entrepreneur Development and Cooperatives Ministry (Medac) has allocated RM372.845mil for the Post Covid-19 Entrepreneur Recovery Plan aimed at ensuring the sustainability and recovery of entrepreneurs’ business operations affected by the pandemic....
Housing Loan Applications And Approvals Surged In 2019

Housing Loan Applications And Approvals Surged In 2019

by thireswar | Jun 4, 2020 | Local News, News

PETALING JAYA (April 30): Aggressive marketing campaigns by property developers coupled with the government’s measures lifted homebuying sentiments among Malaysians last year, resulting in increases in the amount of total loan applications and total loan approvals for...
Property Overhang Down 5% In 2019 But Serviced Apartment Segment Spiked

Property Overhang Down 5% In 2019 But Serviced Apartment Segment Spiked

by thireswar | Jun 4, 2020 | Local News, News

PETALING JAYA (April 29): The residential property overhang and unsold residential property situation in the country improved last year (2019). The number of overhang properties had decreased by 5.1% in volume and 5.2% in value to 30,664 overhang units worth RM18.82...
NEWS Malaysian property transactions up almost 5% in 2019

NEWS Malaysian property transactions up almost 5% in 2019

by thireswar | Jun 4, 2020 | Local News, News

PETALING JAYA (April 29): The Malaysian property market had shown marginal improvement last year (2019) with a total of 328,647 transactions worth RM141.40 billion recorded which was an increase of 4.8% in volume and 0.8% in value year-on-year (y-o-y). According to...
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