Weekly Industry News

Housing loans on the uptrend in January

Weekly Industry News

THE correction period for the property market continues with house buying activities emanating stronger on the radar.

Domestic central bank data shows loans for residential units are on the rise again after slumping prior to the introduction of the tax-holiday period last year.

The result was part of the government’s initiatives to clear the residential property overhang and re-boost purchasing interest as consumer sentiment has settled following post-14th General Election (GE14) euphoria.

MediaTitle: The Malaysian Reserve

Date: 18 Mar 2019

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