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What is DSR ?

What is Debt Service Ratio (DSR) ? The DSR meaning can be put simply as “a method used by banks to calculate whether or not you can afford the loan you’re applying for”. In terms of a home loan, this formula essentially helps the bank estimate how much you can afford to fork out for your monthly…

Bank moratorium: What you need to know?

Malaysians can finally start applying for the six-month loan relief programme from banks which allows them to start making full payments again only in 2022. But what do you need to know before deciding whether to take up the option? If you are struggling with finances right now or expect to have difficulties paying your…

Malaysian Institute of Estate Agents gets new president

PETALING JAYA: The Malaysian Institute of Estate Agents (MIEA) has named Chan Ai Cheng as its president who will helm MIEA for the 2021-2023 term. She took office together with 17 other board of directors yesterday, six of whom chair the state branches. Ai Cheng is the first second-generation president, following in the footsteps of her father…