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OPR’s impact on Malaysia’s property market: A post-pandemic perspective

KUALA LUMPUR: Bank Negara Malaysia (BNM) uses the Overnight Policy Rate, or OPR, as a policy tool to control inflation or boost economic growth. The OPR is the benchmark rate, which is the reference point for setting interest rates in the country. If the OPR is raised, it will lead to an increase in borrowing …

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Urban areas currently in demand; Cyberjaya among top 10 most searched areas

KUALA LUMPUR: The return to urban areas is becoming more and more preferred, and this is a result of more and more employers implementing return-to-office policies. Petaling Jaya, Mont Kiara, and Johor Bahru are the top three locations in Malaysia that property seekers search for, according to iProperty.com.my. Cheras and Puchong are ranked fifth and …

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AmInvestment expects 27% earnings growth for developers in 2024

AmInvestment said the average unbilled sales for developers under its coverage at 1.4 times are considered “a level comparable to the pre-pandemic period”.  KUALA LUMPUR (Dec 26): AmInvestment Bank expects an average profit increase of 27% for developers in 2024, spurred by accelerated progress billings due to reduced labour shortages alongside stabilised construction costs, and …

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