News about COVID-19

KUALA LUMPUR (April 10): The Malaysian government, which announced today that it will extend its partial lockdown till April 28, has agreed that selected economic sectors will be allowed to resume operations in stages, under strict movement control order and healthcare guidelines.

KUALA LUMPUR (April 10): Berjaya Times Square Sdn Bhd (BTSSB) will be waiving the rent for all its tenants at Berjaya Times Square during the first and second phases of the movement control order (MCO) between March 18 to April 14.

KUALA LUMPUR (April 10): The government has decided to extend the Movement Control Order (MCO) by another two weeks to April 28.

PETALING JAYA (April 10): While many are expecting property prices to come down further in light of the uncertainties brought on mainly by the Covid-19 pandemic, Rescom Realty team leader and PEHAM (Persatuan Perunding Hartanah Muslim Malaysia) Exco member Mohd Faizal Mohd Ismail reckons that for first-time homebuyers, the best time to buy a property is "always now".

PETALING JAYA (April 10): Property buyers have strong bargain power now more than ever as more property owners may be wanting to let go of their units quickly in light of the current market environment.

PETALING JAYA (April 10): With the current Covid-19 pandemic and economic situation impacting the country and globally, is the real estate industry irrelevant and a total crash and gloom? Or are there property gems out there buyers can take advantage of? To discuss these issues, EdgeProp.

PETALING JAYA (April 10): Property owners becoming more realistic on pricing during tough times and willing to reduce their asking price, for buyers who are eyeing for investment properties, now it’s time to do so, said Propnex Malaysia COO & principal Evon Heng.

KUALA LUMPUR (April 10): Hulu Selangor has been categorised as a red zone after the number of confirmed cases went up by nine yesterday to 43 cases in the health district.

After having to work from home since the Movement Control Order (MCO) was implemented in Malaysia on March 18 owing to the COVID-19 outbreak, many could well be missing their offices after more than two weeks, especially when their home offices would most likely just be a makeshift desk placed in one corner of the house.

The Malaysian Housing Price Index (HPI) fell by 9.