Offices and malls remain in oversupply, pressure on vacancy and rental rates
KUALA LUMPUR (Apr 3): Oversupply conditions in the office space and shopping complex (OSSC) segment in Malaysia have not improved.
KUALA LUMPUR (Apr 3): Oversupply conditions in the office space and shopping complex (OSSC) segment in Malaysia have not improved.
KUALA LUMPUR (April 3): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) has joined recent calls for the government to provide specific stimulus measures for the real estate industry in light of the prolonged slowdown and the impact of the Covid-19 outbreak and ongoing Movement Control Order (MCO) in the country.
KUALA LUMPUR: The government said it will establish a special cabinet committee to develop strategic measures to safeguard Malaysia’s economy and labour market impacted by Covid-19.
KUALA LUMPUR (April 3): The Ministry of Health (MoH) has managed to solve the issue of shortage of personal protective equipment (PPE) among healthcare workers who are in contact with Covid-19 patients, according to its director-general Datuk Dr Noor Hisham Abdullah.
If you’re a doctor, nurse, or medical staff working in government hospitals and clinics, this love letter is for you.
KUALA LUMPUR (April 2): Kossan Rubber Industries Bhd’s wholly-owned subsidiary Ideal Quality Sdn Bhd (IQ) is selling an estimated 39ha (390,397 sq metres) vacant freehold industrial land in Kuala Langat, Selangor for RM153.
KUALA LUMPUR (April 2): Following its disposal of the five-star Four Seasons Kyoto hotel in Japan recently, Berjaya Corp Bhd (BCorp) has now set its sights on Greenland for a luxury hotel and apartment project in the country’s capital of Nuuk, according to a Norwegian news report.
MANILA (April 2): Philippine President Rodrigo Duterte has warned violators of COVID-19 lockdown measures that they could be shot for causing trouble, and said abuse of medical workers was a serious crime that would not be tolerated, Reuters reported today.
KUALA LUMPUR (April 2): Musician and songwriter Adam Schlesinger has died yesterday as a result of COVID-19 infection complications, reported Reuters today.
KUALA LUMPUR (April 2): AEON Retail will offer a 28-day rental waiver for the period of the Movement Control Order (MCO) to tenants with non-essential businesses that are unable to operate at their premises, reported Focus Malaysia today.