News about d

Sold for: RM2,705,400 (RM835psf) Concluded by: Henry Chin (E 1833) (012-377 8306) of Property Express When: November 2019 Noteworthy: ● Freehold ● Built-up: 3,240 sq ft ● Mid-floor unit ● Facilities: 24-hour security, centralised air-conditioning, CCTV surveillance in public area, covered parking, lobby reception, fibre optic backbone and high-speed broadband.

PUTRAJAYA (April 22): The Ministry of Health will meet Prime Minister Tan Sri Muhyiddin Yassin as early as this Friday to advise him on whether the Movement Control Order (MCO) should be lifted or continued.

KUALA LUMPUR (April 22): Sime Darby Bhd has inked a deal to sell its 30% stake in Tesco Stores (M) Sdn Bhd for RM300 million.

KUALA LUMPUR (April 22): Out of 19,077 construction companies that applied to operate during the Movement Control Order (MCO), the Ministry of International Trade and Industry (Miti) have so far only allowed just 1,856 to operate Works Minister Datuk Seri Fadillah Yusof said today.

PETALING JAYA (April 22): With the gloomy outlook for office and retail, alternative commercial properties such as student accommodation, senior living/retirement housing and co-living could become investments of choice, according to findings of Knight Frank Malaysia’s The Malaysia Commercial Real Estate Investment Sentiment Survey (CREISS) 2020 conducted in February 2020.

KUALA LUMPUR (April 22): Liew Chin Tong has called on the government to consider emulating Australia to compel Google and Facebook to pay media outlets for news content, Malaysiakini reported today.

KUALA LUMPUR (April 22): MMAG Holdings Bhd, which is buying two parcels of land in mainland Penang from Dynaciate Group Bhd for RM41 million, today entered into a supplemental agreement on the deal.

  KUALA LUMPUR (April 22): Malaysia's daily new cases dropped today to 50, which is lower than the number of recoveries at 103.

KUALA LUMPUR (April 22): The Malaysian REIT Managers Association (MRMA) is calling for relief measures to help the local real estate investment trusts (REITs) industry mitigate the adverse impacts it is currently facing.

PETALING JAYA (April 22): Institutional funds and REIT managers remain positive about investing in the logistics/industrial property sub-sector in Malaysia, according to Knight Frank Malaysia.