BNM and Economy
Just SOME positive news for Malaysia
Just SOME positive news for Malaysia Malaysia is now 23rd MOST competitive country in the world (best ranking since 2020) “Malaysia has advanced 11 spots
Just SOME positive news for Malaysia Malaysia is now 23rd MOST competitive country in the world (best ranking since 2020) “Malaysia has advanced 11 spots
Press Release: Juwai IQI Report: Home Rents Stabilise in Good News for Affordability Kuala Lumpur, 10 June 2025 – New data from Juwai IQI shows
“The real estate market demonstrated resilience and growth across all key segments in 2024,” Mr. Ansari said. “We saw the number and value of transactions hit their highest levels in a decade.”
Tropicana Miyu, a joint-venture project by Tropicana Corporation Berhad (“Tropicana”) and Temokin Development Sdn Bhd (“Temokin”), celebrated 3 key milestones recently. This freehold development in Section 17 Petaling Jaya recorded a strong 100% take-up and timely completion with ongoing VP handover since 7 November 2024. Located on a prime 2.8-acre land, Tropicana Miyu is regarded as a quality development, achieving a high Quality Assessment System in Construction (“QLASSIC”) score of 85%
Recently, there was a report which was everywhere saying that Malaysians spend RM1,200 per month on dining out. So, I calculated what I spend and well… it’s quite true! Haha. Why do I say so? Plus what happens if we could save 50 percent of what we spend on food every day for just one year? Yes, travel to Japan!
Press Release: Sunway Property Unveils RM 150 million GDV Serene Villas in its Thriving Sunway Wellesley Master-Planned Community Master Community Developer Sunway Property has officially
Well, cutting rates usually indicate a slowing down of economic activities or even a potential slowdown in the near future. Thus, instead of cutting 50 basis points later, the central bank may prefer to lengthen this whole process and just cut 25 basis points earlier and another 25 basis points later. Who knows, maybe this 25 basis point could have the right effects on the economy and no further rate cuts are needed?
Global property consultancy Knight Frank’s Asia-Pacific Prime Office Rental Index for Q3 2024 shows prime office rents in Asia-Pacific are stabilising, falling 0.1% quarter-on-quarter, suggesting a potential bottoming out of the market. This trend is supported by growth in Indian markets, which exhibit strong and sustained demand from offshoring operations and domestic businesses.
As traffic congestion and pollution worsen across urban centres in Malaysia, Selayang residents are rallying for the inclusion of Selayang in the MRT3 line. Leading the advocacy is developer 168 Park Selayang, which recognises the critical need for improved public transportation in the area. The inclusion of Selayang in the MRT3 line would not only help alleviate traffic but also enhance public transport services, which are desperately needed by the local community.
We commend the government’s proactive measures outlined in Budget 2025, which clearly demonstrate a strong commitment to addressing the needs of first-time homebuyers in Malaysia. In light of affordability remaining a key concern and the continued demand for affordable housing, the government’s allocation of RM900 million for the People’s Residence Programme (PRR) and Rumah Mesra Rakyat (RMR) projects is a well-timed initiative.
SUNREIT Perpetual Bond Berhad, a special purpose vehicle wholly owned by Sunway REIT, had successfully issued its maiden rated sustainability-linked perpetual securities of RM500 million on 22 October 2024.
The transaction marked the first ever rated perpetual securities issued by a REIT in Malaysia, and it was also the first ever sustainability-linked perpetual securities in Malaysia.
I repeat something that I have always been telling people and it’s very obvious from my writings. Currency movement should just be valued based on trade; surplus or deficit. If you have deficits year after year, why is your currency appreciating? No one wants to buy your goods and you have to keep buying other people’s currency because you needed their goods! Oh… the trades were done using a specific currency. No wonder.