Re: Malaysia - Housing
Posted: Wed Jun 28, 2017 8:27 am
Investors upbeat about Malaysian property
BY EUGENE MAHALINGAM
Source: The Star
http://www.thestar.com.my/business/busi ... s25T3GD.99
BY EUGENE MAHALINGAM
MIDF Research said Malaysian property sales are poised to grow in 2017 after three consecutive months of year-on-year (y-o-y) increase in approved loans.
“Based on Bank Negara’s monthly statistical bulletin for March 2017, approved loans for the purchase of property has increased 3% y-o-y to RM11.43bil.
“The increase is mainly driven by the 20% increase in loan applications, which implies that demand has improved significantly.”
Source: The Star
http://www.thestar.com.my/business/busi ... s25T3GD.99