Improved outlook for new property sales


Loan approvals up 6% to RM17bil in April

PETALING JAYA: The total loans approved for the purchase of property was higher in April, signalling a marginally better new property sales outlook so far this year.

The positive development was led by the reopening of the economy and developers are likely to meet their new sales target in 2022, said MIDF Research.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
properties , loans , banks ,

Next In Business News

Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Wawasan Dengkil's 2Q net profit falls due to revision of project costs
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings

Others Also Read