On 03 May 2023, Bank Negara Malaysia announced the increase of the Overnight Policy Rate (OPR) by another 25 bps from 2.75% to 3.00%. Since then, and for the next 12 consecutive meetings (over 2 years), BNM kept the OPR at 3.00%. On 09 July 2025, Bank Negara Malaysia announced the decrease of the Overnight Policy Rate (OPR) by 25 bps from 3.00% to 2.75%. What does this mean to home buyers...
July 2025
On 09 July 2025, Bank Negara Malaysia (BNM) announced the decrease of the Overnight Policy Rate (OPR) by 25 basis points (bps) from 3.00% to 2.75%. Much, much earlier in 2023, BNM announced the last increase of the Overnight Policy Rate (OPR) to 3%, in line with “the sustained reopening of the global economy and the improvement in labour market conditions continue to support the recovery of...