Property overhang down 5% in 2019 but serviced apartment segment spiked
PETALING JAYA (April 29): The residential property overhang and unsold residential property situation in the country improved last year (2019).
Malaysian property transactions up almost 5% in 2019
PETALING JAYA (April 29): The Malaysian property market had shown marginal improvement last year (2019) with a total of 328,647 transactions worth RM141.
Minister responsible for undistributed food aid, not overworked welfare officers: Yeoh
KUALA LUMPUR (April 24): It is the minister who is responsible for the undistributed food aid and not overworked Welfare Department officers, said Segambut MP Hannah Yeoh according to a Malaysiakini report today.
MIDA: Approved investments in manufacturing, services and primary sectors rose 1.7% in 2019
KUALA LUMPUR (April 21): The Malaysian Investment Development Authority (MIDA) said total approved investments for the manufacturing, services and primary sectors rose 1.
Two orchestras perform from home in tribute to frontliners
KUALA LUMPUR (April 18): With concert halls and other performances spaces closed due to the movement control order (MCO), two orchestras have taken their musical talents online to pay tribute to frontliners battling Covid-19, Malaysiakini reported today.
DONE DEAL: Serviced apartment, Swiss-Garden Residences, Kuala Lumpur
Sold for: RM510,000 (RM927.
Japan spouses apartments an option to avoid 'coronavirus divorce'
KUALA LUMPUR (April 16): Worried about a "coronavirus divorce"? An enterprising Japanese short-term rental firm is marketing its empty apartments as a way for stressed couples to get some time apart during the virus lockdown, AFP reported yesterday.
India agrees to sell hydroxychloroquine to Malaysia to help fight Covid-19
NEW DELHI/KUALA LUMPUR (April 15): India has agreed to sell hydroxychloroquine tablets to Malaysia for use in the treatment of Covid-19 patients, Malaysia's Deputy Foreign Minister Datuk Kamarudin Jaffar told Reuters on Wednesday, with New Delhi partially lifting its bar on exports of the anti-malarial drug.
Muhyiddin thanks US and DOJ for returning US$300m of seized 1MDB assets
KUALA LUMPUR (April 15): Prime Minister Tan Sri Muhyiddin Yassin today thanked the United States government and its Department of Justice (DOJ) for its return of US$300 million of funds recovered from seizures related to 1Malaysia Development Bhd (1MDB).
Buy now if one can wait for the ROI, property investors told
PETALING JAYA (April 10): With more properties at below market prices expected to come up for sale amid the dampened property market brought on by the sluggish economy and Covid-19 outbreak, many property investors are preparing to seek good buys.
