OPR hike won’t affect property market too much, say analysts

Angie Tan

Bank Negara Malaysia has increased the overnight policy rate from 1.75% to 2% following the reopening of the global economy. – The Malaysian Insight file pic, May 16, 2022.

THE increase in overnight policy rate (OPR) will not impact the local property market too badly, said property analysts.

Bank Negara Malaysia increased the OPR by 25 basis points to 2% last week.

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