Daily Industry News Update (7 July 2021)

INDUSTRY NEWS (7 JULY 2021)

SPNB new CEO determined to deliver affordable homes for B40

The National House Buyers Association (HBA) lashed out at the Housing and Local Government Ministry for trying to absolve itself from the growing problem of errant developers abandoning their projects midway. “Every minister that takes over the portfolio

Industrial Property Sector Saves The Day

After the challenges faced by Malaysia from the Covid-19 pandemic, political uncertainty and a prolonged downturn of the economy, the industrial property sector remains a saving grace of the property market. The sector continues to shine in the face of adversity, with regional

Housing loan approval rate on the way up

Property loan approval rates are expected to start recovering from the third quarter of this year, as lockdown restrictions begin easing with the gradual opening of the economy. UOB Kay Hian, in a report, noted that the mortgage approval rate saw a month-on-month pickup of

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