Daily Industry News Update (28 June 2021)

INDUSTRY NEWS (28 JUNE 2021)

House buyers group: Be wary of “superficial discounts” from developers

The National House Buyers Association (HBA) is glad to hear the report that “two commercial banks said that they are aware of discounting practices by developers and have taken the necessary mitigating measures to ensure that the end-financing is reflective of the value of the

Mah Sing to offer more affordable housing

Mah Sing Group Bhdis targetting to launch more affordable properties in the Klang Valley and Johor with over RM3.6bil in gross development value (GDV) by the second half of this year. According to group chief executive officer Datuk Ho Hon Sang, the property group will focus

Malaysia’s CPI could soar higher post pandemic

Malaysia’s inflation rate, as measured by the Consumer Price Index (CPI) rate, is expected to worsen once the country gets better control of the Covid-19 crisis, amid the likely disappearance of the deflationary tendencies and the likely appearance of inflationary

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