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Corporate News 15 Sep 2016 | 4:30 AM

Fitch cautions property developer lending could stoke risks

KUALA LUMPUR: Fitch Ratings has cautioned that the Malaysian government's decision to grant lending licences to property developers could add to the risks associated with rising household debt.

Business 10 Sep 2016 | 12:00 AM

Nobody wins in a high interest rate environment

WHEN people start making any proposal that they claim “is a win-win solution”, the average consumer should head for the hills.

Business 10 Sep 2016 | 12:00 AM

Financing plan a double-edged sword

RESEARCH analysts and property consultants say the Government’s move to give full autonomy to property developers to provide 100% financing, or just a portion of it, has far-reaching implications on the property and the banking/lending sectors and the overall economy over the longer term.

Property 10 Sep 2016 | 12:00 AM

Solution for property developers?

Mixed views on proposal for them to be given money-lending licences

Business 08 Sep 2016 | 7:54 AM

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Property 08 Sep 2016 | 5:11 AM

Ministry mulls proposal for developers to act as money lenders

PETALING JAYA: The Urban Wellbeing, Housing and Local Government Ministry is mulling a proposal for housing developers to be issued a money lending licence to help non-bankable house buyers and overcome downpayment issues.

Corporate News 28 Jun 2016 | 7:29 AM

PUC Founder unit gets lending licence

KUALA LUMPUR: Ace Market-listed company PUC Founder (MSC) Bhd is collaborating with the Federation for Motor & Credit Company Association of Malaysia (FMC) to explore provision of financing and promote motor credit business.

Banking 23 Apr 2016 | 12:00 AM

Slowdown in property loans but demand still strong for cheaper homes

THE slowdown in the local property market saw loans approved to the sector last year drop marginally.

Corporate News 03 Mar 2016 | 9:03 AM

Rehda to push for IBS to make housing more affordable

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) will work closely with the Ministry of Housing and Infrastructure to make housing more affordable.

Corporate News 18 Jan 2016 | 11:01 AM

PLB buys Penang property developer for RM23.5mil

KUALA LUMPUR: PLB Engineering Bhd has acquired property developer Phoenix Residences Sdn Bhd (PRSB) for RM23.5mil.