News by Chelsey Poh

“Although there are teething problems, but we are confident that should everyone play their part, we will be able to face the challenges head on to minimise any adverse impact,” MBAM President Foo Chek Lee and REHDA President Dato Soam Heng Choon said in a joint statement.

Sold for: RM1.35 million (RM375 psf); Concluded by: Kashfi Sharifuddin (REN 00973) (012-216 1512) of Reapfield Properties (HQ) Sdn Bhd; When: January 2020

"... on first impression when walking into a premise, the quality of the management can be observed."

“Economy is bad now, some owners are worried about cash flow, hence they are adjusting selling prices. We have seen such sellers in the market now.”

Getting out of the downturn this time around could be more difficult as it involves a major public health issue that is the Covid-19 pandemic, which has, together with other economic issues, impacted the economy not just in the country but globally.  Estimations on economic recovery range from months to years, and similarly, the property market would possibly enter into a down cycle before recovering.

MAH CEO Yap Lip Seng: Hotels participating as quarantine centres have agreed to the rate partially as CSR serving the government’s needs

Gamuda Land: All employees are encouraged to closely monitor their health and seek medical attention if they develop flu-like symptoms. The management is also monitoring its employees through a mandatory daily online survey to track employees’ and their family’s or housemate’s health.

A voluntary group made up of residents has shared tips such as ways to avoid using door handles in common areas complete with a video demonstrating how that can be done -- by using the foot to pull the door open after using his access card.

MIPEAC wants the government to consider waiving the RPGT in 2020. 

Placing priority on mental and physical well-being has helped him build his wealth.