Loan applications for property take a breather in Feb


KUALA LUMPUR: Recent loan application data released by Bank Negara showed a drop off in loan applications for property purchases in February, on the heels of a robust increase in January.

February figures showed total loan applications came in 19% lower y-o-y at RM40.1bil as prospective property purchasers took a breather after a 46% jump in applications in the previous month.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MIDF , property , loans , Napic , Bank Negara

Next In Business News

Bank Negara’s international reserves climb slightly to US$125.6bil
Bank Negara leaves OPR steady at 2.75%, as widely expected
Ringgit trading signals growing global confidence in Malaysia
Chipmakers driving AI boom
Nationgate says IRB investigation completed, records in order
CIMB upgraded to AAA in MSCI ESG ratings on stronger sustainability practices
Poultry farmer Hock Soon Capital seeks to raise RM60mil from IPO
Bursa Malaysia continues uptrend at midday
AMS Advanced Material gets Bursa Malaysia's nod for ACE Market listing
Malaysia Airports strengthens China connectivity at KLIA, Tawau to support VM2026

Others Also Read