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Solving the residential housing overhang problem

THE recent budget saw the Pakatan Harapan government announcing several measures addressing issues facing the local property sector.

Nod for National Housing Policy

PETALING JAYA: The National Housing Policy has been approved by the Cabinet two weeks ago, said National Housing Department director-general N. Jayaselan, and its main thrust is the separation of public and private housing, with an emphasis on renting.

MoF: RM70bil of national debt to mature in 2019

KUALA LUMPUR: A total of RM70bil in federal government debt is expected to mature in 2019, out of which about 25 per cent is to be redeemed in the first half of next year, reflecting a lower refinancing risk in the near term, said the Ministry of Finance (MoF).

MBSB-AFB merger on track, valuation being negotiated

KUALA LUMPUR: The merger and acquisition talks between Malaysia Building Society Bhd (MBSB) and Asian Finance Bank Bhd (AFB) are on track with the only concern being valuation.

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

LPPSA issues second series of RM3.25b sukuk

KUALA LUMPUR: Lembaga Pembiayaan Perumahan Sektor Awam (LPPSA) on Thursday issued a second series of sukuk of up to RM3.25 billion, which is to finance housing loans to the public sector.

Puzzled by rise in instalments


Cannot help it but feel solemn

THE newspapers were sold out yesterday morning in most parts of Miri City.

Budget 2015: Inclusive development to benefit all

KUALA LUMPUR: Whenever one talks about the economy and policies to improve it, invariably the plight of the vulnerable is taken into account.

Minister: Allow firms to finance housing loans

KUALA LUMPUR: The Urban Wellbeing, Housing and Local Government Minister has proposed that more lending institutions be created to help low-income earners buy homes.