Bank Negara cuts OPR to 2.75%, first move since 2023
· Bank Negara Official source
Summary
Bank Negara Malaysia cut the Overnight Policy Rate by 25 basis points to 2.75% as a pre-emptive step to support growth. Banks, including Islamic banks, then lowered their base rates.
What it means for Johor home buyers
Variable-rate home financing instalments fell slightly. The 2.75% rate still stands — helpful for buyers planning their financing.
Original source: Malay Mail
This summary is written in our own words based on the original source. Refer to the source for full details.