Property demand to remain despite anticipated OPR increase


From left: AmBank Group group CEO Datuk Sulaiman Mohd Tahir, AmBank Group managing director of retail banking Aaron Loo Boon Seng, Sime Darby Property chief marketing & sales officer Datuk Lai Shu Wei and Sime Darby Property group managing director Datuk Azmir Merican.

KUALA LUMPUR: Sime Darby Property Bhd is optimistic that there will be a demand for properties despite the anticipated further rise in the overnight policy rate (OPR).

Managing director Datuk Azmir Merican said Malaysia is still within a reasonably good interest rate regime even if Bank Negara Malaysia (BNM) were to increase the OPR.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Sime Darby Property , AmBank , OPR , MoU , Bank Negara

   

Next In Business News

US crypto industry eyes possible day-one Trump executive orders
Starbucks workers expand strike in US cities, including New York
AirAsia in talks on aircraft purchases as part of expansion strategy
Coastal Contracts wins large-scale solar PV plant project in Sabah
Malakoff redesignates Che Khalib as non-executive chairman
Ringgit stages strong rebound to end losing streak against US dollar
HeiTech Padu appoints Hasrul Azuan as CEO
Dnex ties up with France-based Conex to streamline EU trade compliance for M’sian exporter
Capital A submits regularisation plan to exit PN17 status
TM and Perodua tie up to drive Malaysia's automotive transformation under NIMP 2030

Others Also Read