Covid-19: Infection number among M'sians returning from abroad rises to 263
KUALA LUMPUR (May 1): The Ministry of Health (MoH) announced that the number of confirmed positive Covid-19 cases among Malaysians who return from overseas increased to 263.
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Concerns over property overhang should not stop new developments
PETALING JAYA (May 1): Will freezing approvals for new projects help overcome the property overhang situation in Malaysia? Read also Promote Malaysia before promoting projects, developers told Efficient Bumiputera units release can help reduce property overhang Developers continue push for HOC extension Supply of serviced apartments being reduced amid overhang A suggestion to freeze approvals for new projects in view of the overhang was raised by a viewer during EdgeProp.
List of businesses not allowed to reopen on Monday, barbers to remain closed
KUALA LUMPUR (May 1): The National Security Council has listed the activities that are still not allowed despite the Conditional Movement Control Order (CMCO) scheduled to be imposed from Monday (May 4) onwards.
Daycare centres allowed to operate but must ensure social distancing
KUALA LUMPUR (May 1): Daycare centres will be allowed to operate beginning May 4 but with strict rules in place, Malaysiakini reported today.
PJ Old Town market: Four new Covid-19 cases detected
PETALING JAYA (May 1): Following tests carried out at the Pasar Jalan Othman (PJ Old Town Market) on Wednesday for the selected 151 traders, council workers and cleaners here, four people have been detected with the Covid-19 disease, reported The Star.
Residential overhang up 10% if serviced apartments are included
PETALING JAYA (May 1): The absorption of commercial-titled residences, mainly serviced apartments and SoHos, is posing a challenge to the market as seen from the significant increase in the number of overhang units of this property type in 2019.
Bank Negara issues FAQ to answer queries on hire-purchase loans
KUALA LUMPUR (May 1): Bank Negara Malaysia has issued an FAQ to respond to the public’s queries on the six-month moratorium granted on Hire-Purchase loans and fixed rate Islamic financing.
Thanking our frontliners: FT buildings and roads to be lit up in blue
PETALING JAYA (April 30): Government buildings, commercial buildings and some roads in Kuala Lumpur, Putrajaya and Labuan will be lit up in blue from 10.
Penang reduced serviced apartment overhang by 50% in 2019
PETALING JAYA (April 30): The number of Penang's serviced apartment/SOHO overhang units has decreased by 51.
Serviced apartment prices under pressure as supply surges
PETALING JAYA (April 30): Luxury serviced apartments in certain locations in the country have seen their market prices reduced by up to 14% amidst rising supply in the market.
