DONE DEAL: Serviced apartment, Shaftsbury Avenue, Putrajaya, Selangor
Rented for: RM1,700 per month (RM2.
Gamuda made PDP for Penang Transport Master Plan
KUALA LUMPUR (July 1): Gamuda Bhd announced that the Penang state government had confirmed the appointment of the construction giant to be the project delivery partner (PDP) for the Penang Transport Master Plan (PTMP).
Malaysia's trade balance returns to surplus in May
KUALA LUMPUR (June 29): Malaysia's trade performance returned to surplus in May 2020, reporting a trade surplus of RM10.
EcoWorld: Award for Karisma Apartment a motivation to excel
PETALING JAYA (June 26): To Eco World Development Group Bhd (EcoWorld), seeing their projects win awards is the greatest motivation for the developer to continue to excel themselves in the industry, said EcoWorld Malaysia president & CEO Datuk Chang Khim Wah.
MRCB 1Q net profit up, but warns of significantly weaker performance in 2Q due to Covid-19 outbreak
KUALA LUMPUR (June 27): Malaysian Resources Corp Bhd’s (MRCB) net profit more than tripled to RM15.
The critical challenge posed by serviced apartments
The property market has been pummeled since the outbreak of Covid-19.
DONE DEAL: Serviced apartment, Kiara Designer Suites, Mont'Kiara, KL
Sold for: RM690,000 (RM548 psf) Concluded by: Ashley Haw (REN 05137) (011-1289 3610) of Kith and Kin Realty Sdn Bhd When: December 2019 Noteworthy: ● Freehold ● Built-up: 1,259 sq ft ● 3 bedrooms; 2 bathrooms ● Fully furnished unit ● Facilities: tennis court, gym, mini market, sauna, swimming pool and BBQ area.
MoH stops using hydroxychloroquine for Covid-19 treatment as trials show the drug ineffective
KUALA LUMPUR (June 22): The Ministry of Health has stopped using hydroxychloroquine to treat Covid-19 patients, saying that the medication has proven to be ineffective.
More turning to property refinancing for cash
Owning a property can be more than a home or an investment.
