Scale model maker using slowdown to upgrade its designs
The current downturn in the economy amid the Covid-19 outbreak has caused many new property launches to be delayed.
Invisible threats in buildings after shutdowns
As Malaysia is now into the Conditional Movement Control Order (CMO) periodwhere the majority of the working population is allowed to return to their workplace, Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee is worried about the “invisible health threats” to office workers and occupants as no commercial buildings are designed to be shut down for months at a time.
Property management in the age of Covid-19
The close to two-month Movement Control Order (MCO) to curb the spread of the Covid-19 outbreak which began on March 18 had forced every strata property owner and residents to have a newfound appreciation for effective property management and proper maintenance of the buildings they live in.
Be cautious of bad indoor air quality post-MCO, says expert
PETALING JAYA (May 22): The Movement Control Order (MCO) that was implemented from March 18 to May 3 meant non-essential businesses and services could not operate throughout the duration.
Covid-19: Stricter SOPs needed for short term rentals
PETALING JAYA (May 22): More stringent Standard Operating Procedures (SOP)s for short term rental operations in strata buildings are needed to prevent the spread of diseases such as the Covid-19, said Henry Butcher Mont’ Kiara executive director Low Hon Keong.
Not OK to waive maintenance fees in light of Covid-19
PETALING JAYA (May 22): Many strata property owners may have sought waivers or discounts on maintenance fees since the Covid-19 outbreak and the ensuing Movement Control Order (MCO) period but such fee waivers and discounts are not viable as any adjustments in fee collection or sinking funds will need the approval of property owners via an AGM or EGM, said Chur Associates founder and managing partner Chris Tan.
Let’s share the burden of Covid-19 construction delays, says PAM
Even if the Covid-19 Movement Control Order (MCO) ends, don’t expect construction works to resume and progress as per normal.
CN Asia’s RM4m related-party land buy deemed fair and reasonable by independent advisor
KUALA LUMPUR (April 23): Independent advisor Asia Equity Research Sdn Bhd said today the proposed acquisition by CN Asia Corp Bhd of a parcel of land from a related party for RM4 million cash is “fair and reasonable”.
BNM expected to cut OPR by another 75 basis points: CGS-CIMB
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.
Report: Almost a third of Americans believe COVID-19 created in laboratory
KUALA LUMPUR (April 14): A Pew Research Center survey revealed that third of Americans believe that COVID-19 was manufactured by people in a laboratory, The Guardian reported yesterday.
