Tag: non performing loans malaysia increasing
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Jan 2016 : Whopping 62 percent loan rejection
2016 is starting to look like an extremely bad year for property market Malaysia. In an article in theheatmalaysia.com, it was reported that the loan rejection for residential property was 62 percent! The total rejected loan is RM9.42 billion. If a comparison was made between the total loan applications for December 2015 and January 2016,…