News Formal

End of loan moratorium and property market’s fate

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

With the end of the moratorium on loan repayments on the horizon, property market players are predicting a rough ride ahead. FMTNews MCO

Experts expect a rise in non-performing loans as many Malaysians face pay cuts and retrenchments.

Property buyers are guessing that prices will decline tremendously after the moratorium ends after next month. Last year, the government’s Home Ownership Campaign ran for the entire year and recorded RM13 billion worth of property, or 28,000 units, sold.Expect a rise in non-performing loans because households may not be able to repay their loans due to a loss of income or no steady source of income.

“Also, there may be pay cuts or retrenchments owing to the current crisis and many borrowers may be unable to service their loan commitments, thus leading to more NPL stock,” said Loh.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

S&P 500, Nasdaq end at records after upbeat business surveys | Malay MailNEW YORK, Aug 22 — The S&P 500 and Nasdaq closed at record highs yesterday, with both lifted by Apple after data pointed to some pockets of strength in the US economy. US business activity snapped back to the highest since early 2019 in August, according to IHS Markit surveys, as companies in...
출처: malaymail - 🏆 1. / 86 더 많은 것을 읽으십시오 »