INDUSTRY NEWS (25 JUNE 2021)
Why are borrowers made to pay for bank template documents?
It has been a common practice for banks to impose fees for standardised loan agreement documents that are needed in the housing loan application process. Law firms have to purchase these standardised pre-printed forms, or typically download the documents from
Discounts, rebates, freebies – do house buyers really gain from them?
It has been an “open secret” that housing developers “artificially” inflate property prices and then offer rebates to buyers to help offset the 10% down payment. This could purportedly help buyers secure 100% end-financing as Bank Negara Malaysia (BNM) has, in 2013,
Bringing over 25 years of experience in the property development industry, Mohd. Salem Kailany joined UDA Holdings Bhd as the President/CEO on Sept 20, 2019. Prior to the appointment, he had been the CEO of PNB Development Sdn Bhd. He had also been one of
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