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PETALING JAYA (March 6): Starting from this year, the Subang Jaya City Council (MBSJ) will not print and post assessment tax bills to ratepayers, The Star reported today.

KUALA LUMPUR (March 5): Malaysia’s new Covid-19 infections rose to 2,154 as of noon today, bringing total cases to 310,097.

KUALA LUMPUR (March 5): Axis Real Estate Investment Trust (REIT) has acquired a freehold land measuring 20.

KUALA LUMPUR (March 5): Acoustech Bhd has disposed of a parcel of leasehold land in Johor for RM6.

KUALA LUMPUR (March 5): Supercomputer simulations in Japan have revealed that wearing two masks provided only limited extra benefit “in blocking viral spread” compared with wearing just one “properly fitted mask”, Reuters reported today.

KUALA LUMPUR (March 5): Maybank Investment Bank Research (Maybank IB Research) said today the worst is over for the property sector as it believes the sector should continue to be driven by a better economic outlook, historically low interest rate environment and pent-up demand.

KUALA LUMPUR (March 5): PPB Group Bhd’s property division is expecting more progress billings as the movement restrictions are gradually lifted, which will allow more construction works to proceed.

Covid-19 infections among members of strata communities have been seen to increase drastically as the pandemic rages on in the nation.

In terms of rental, EdgeProp.

Amidst a tough year in 2020, Wangsa Maju has recorded 81 residential property transactions in the first three quarters last year, while Setapak saw 204 residential properties change hands, according to EdgeProp Research.