Face masks mandatory at Resorts World Genting from Aug 1
KUALA LUMPUR (July 30): Resorts World Genting has mandated that all visitors to the tourist destination must wear face masks beginning Aug 1 in line with a government directive.
DONE DEAL: Condo unit, Seri Hijauan, Shah Alam, Selangor
Sold for: RM450,000 (RM404 psf) Concluded by: John Oh Ewe Hock (REN 07002) (012-298 6266) of Oriental Real Estate Sdn Bhd Date: May 2020 Noteworthy: ● Freehold ● Built-up size: 1,114 sq ft ● 3 bedrooms; 2 bathrooms ● Fully furnished unit with home appliances and built-in cabinets and wardrobe ● Facilities: Swimming pool, gym, karaoke lounge, tennis court, gazebo, function room and playground ● Amenities: Schools and colleges, commercial area, eateries and restaurant, banks, petrol station and shopping mall ● Five minutes away from the NKVE interchange.
CBRE|WTW: Extension of moratorium could prevent panic selling
KUALA LUMPUR (July 30): The announcement of the moratorium extension and loan repayment flexibility will mitigate forced or panic selling that could further distress the property market and restore certainty in terms of value for both the secondary market and the value of property in general, said CBRE|WTW managing director Foo Gee Jen.
KIP REIT 4Q NPI up 17%, declares DPU of 1.53 sen
KUALA LUMPUR (July 29): KIP Real Estate Investment Trust (KIP REIT)’s net property income (NPI) grew 17% to RM13.
Covid-19: Malaysia’s new cases drop to 13, no new clusters reported
KUALA LUMPUR (July 29): Malaysia reported 13 new cases of Covid-19 as of noon today, raising the country’s total to 8,956 cases.
Loan repayment flexibility application starts next Friday
KUALA LUMPUR (July 29): The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced today.
Report: ' Strong indication' Jho Low is in Macau, says IGP
KUALA LUMPUR (July 29): The police has stated that fugitive dealmaker/businessman Low Taek Jho (pictured) aka Jho Low could most probably be living in Macau.
Ta Win, Terengganu state agency to develop ecocycle park at cost of RM2.4b
KUALA LUMPUR (July 29): Copper wire and rod maker Ta Win Holdings Bhd has teamed up with a Terengganu strategic investment agency to jointly develop an industrial park at a gross development cost of RM2.
Airbnb says Malaysian hosts broadly welcome its MMA-endorsed enhanced cleaning protocol
KUALA LUMPUR (July 29): Malaysian hosts have in general welcome Airbnb's Malaysian Medical Association (MMA)-backed enhanced cleaning protocol as communities reopen for travel in Malaysia, said the short-term rental accommodation company.
Over 4,500 businesses ceased operations during MCO period — ministry
KUALA LUMPUR (July 29): A total of 4,542 applications to cease operations were processed by the Companies Commission of Malaysia (SSM) between April 1 and July 19 this year, according to the Ministry of Domestic Trade and Consumer Affairs.
