News

Favourable winds sought for Malaysian real estate

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2016 to see support for affordable housing and end-financing, but more needs to be done. CONDITIONS in the Malaysian property market have been challenging to industry players, but recent developments to support the affordable housing market and the facilitation of end-financing for potential housebuyers are considered favourable to the real estate industry. Sharing an overview of the property market in recent times, Real Estate and Housing … Read more

Ringgit expected to remain weak, BNM may keep OPR at 3.25% in 2016

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Analysts expect the Ringgit to remain weak and Bank Negara to keep the overnight policy rate (OPR) at 3.25 percent in 2016, following the interest rate hike by the US Federal Reserve, reported The Sun Daily. Notably, the Fed’s Open Market Committee (FOMC) increased the target range for the federal funds rate (FFR) to 0.25 … Read more

REIT sector within expectations, MGS yield assumption raised

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  MIDF Research expects higher volatility for Malaysian Government Securities (MGS) yield next year, as the latest quarterly results within the real estate investment trust (REIT) sector came in within expectations with two beating expectations, reported The Borneo Post. In MIDF Reasearch’s universe of six REIT stocks, earnings of KLCCP Stapled Group and IGB REIT … Read more