BNM has decided to remain the OPR at 3.00% since its last increase of 25 bps (basis points) on 3 May 2023. The ceiling and floor rates of the OPR’s corridor are maintained at 3.25% and 2.75%, respectively. What is Overnight Policy Rate (OPR)? Before we dive in deeper, let’s have a look at…
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Understanding the various taxes associated with property ownership in Malaysia is crucial for any property owner. This guide provides detailed insights into four key taxes: Cukai Taksiran, Cukai Pintu, Cukai Tanah, and Cukai Petak. Types of Cukai in Malaysia and Their Functions Cukai Taksiran Cukai Taksiran, commonly known as assessment tax or gate tax,…
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Klang Valley is known as the most desirable place to invest in Malaysia. The area is known for its dynamic urban living, accessibility, and robust rental market. In 2024, investing in Klang Valley continues to be a wise choice, offering potential capital gains and diverse property options. This guide will present five compelling reasons to…
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This guide will help you navigate the different types of loans, their interest rates, and other essential aspects to consider when looking for a dream home. In September 2024, several financial institutions in Malaysia offer competitive house loan and home financing options. Here’s a quick overview: Best House Loan Interest Rates in September 2024 Bank…
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