Latest News

EPF allows members with Maybank, RHB housing loans to submit online applications


KUALA LUMPUR: The Employees Provident Fund (EPF) says members who have housing loans with RHB Bank and Maybank can opt to submit their withdrawal applications online through the e-Pengeluaran facility...

 Housing loan

Challenging 2015 seen for property


THE property landscape is expected to remain challenging next year, amid rising costs of doing business, tighter monetary policy and the impact of of a new tax system, said the Real Estate and Housing...

 Goods and Services Tax (GST), Government

Secondary properties may be cheaper than new ones


KUALA LUMPUR: The secondary property market in the country has good potential as the prices of the houses could be 30-40 per cent lower than the new ones, said the Malaysia Institute of Estate Agents ...

 Property market

Mixed outlook for property market


PROPERTY analysts and experts are mixed in their property market outlook for next year due to the uncertainty that is looming ahead of the Goods and Services Tax (GST) implementation next year. Whi...

 Goods and Services Tax (GST), Bank Negara

Mini budget next year?


THE government may introduce a fiscal stimulus package similar to the RM60 billion "mini budget" used to tackle the economic downturn in 2009, said analysts. The new measures are likely to be inclu...

 Government, Economy

How will GST affect prices, cost of living?


THE introduction of any new tax is bound to cause some confusion, and the introduction of Malaysia's GST is no exception. While consumers will have many questions about the new tax, their greatest con...

 Residential, Developer, Economy

Plan to equip PR1MA houses with solar panels


NEW affordable houses under the 1Malaysia People's Housing (PR1MA) programme may be equipped with solar technology. This will be a value-added feature to support Malaysia's aim to go green, said Ma...


No change to loan interest with base rate replacing BLR


KUALA LUMPUR, Dec 5: While banks in Malaysia are moving away from the base lending rate (BLR) system from January next year, customers with existing loans or applying for new ones won't be affected....

 Base lending Rate(BLR), Interest rate, Bank Negara

Ringgit fall won't hurt Malaysia


KUALA LUMPUR, Dec 5: The economic fundamentals of the country are still strong and the depreciation of the ringgit, which is determined by market forces, will not significantly affect the country's ...

 Economy, Investment, Bank Negara

Ways To Sidestep The Rent Trap


An increasing number of Malaysians are getting caught in the "rent trap", with accommodation costs taking up so much of their income that they are struggling to save enough to buy a home of their own....

 Mortgage, Goods and Services Tax (GST), Investment