Daily Industry News Update (23 May 2021)

INDUSTRY NEWS (23 MAY 2021)

3 types of home refinancing packages to consider

There are three distinct refinancing packages, each suitable for a certain purpose. Rate and term refinancing is mostly common for homebuyers who want to take advantage of lower interest rates in the market. Cash in refinancing is for those who want overall better

Who will rein in the boom in serviced apartments?

In spite of many issues surrounding the development of serviced apartments, there is a boom in such property projects, with state and local authorities seemingly just rubber-stamping their approval. The number of serviced apartments has grown tremendously in the Klang

Ringgit likely to move between 4.12 and 4.16 against US dollar next week

The ringgit is likely to move lower between 4.12 and 4.16 against the US dollar next week given the pressure by the rising COVID-19 cases in the country and lack of positive catalysts. OANDA senior market analyst Jeffrey Halley said although the US dollar would also likely

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