No interstate 'balik kampung' for Aidilfitri, says Muhyiddin
KUALA LUMPUR (May 1): The ban on interstate travelling is still in place, except for working purposes.
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PPK Malaysia: Covid-19 Act must protect both tenants and landlords
PETALING JAYA (May 1): The Malaysia Shopping Malls Association (PPK) is calling for the enactment of the Covid-19 Act purportedly to protect businesses and jobs to protect both landlord and tenant in genuine situations with no abuse for a “free-ride”.
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.
The Edge Covid-19 Fund responds to emergency PPE request
KUALA LUMPUR (April 30): Yesterday evening, five days after the area around the Selayang wholesale market was placed under an enhanced movement control order (EMCO), The Edge Media Group publisher and group chief executive officer (CEO) Datuk Ho Kay Tat received an emergency request for personal protective equipment (PPE).
CMMT commits to RM35m in rental relief for non-essential services tenants
KUALA LUMPUR (April 30): CapitaLand Malaysia Mall Trust (CMMT) has committed to RM35 million in rental relief for shopping mall tenants in non-essential services during the movement control order (MCO) period.
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.
Demand for warehouses up but industrial overhang continues to rise
PETALING JAYA (April 30): The expansion of e-commerce may have spurred demand for warehouses/logistics-related properties but the overhang of industrial property sub-segment has seen overhang units rising since 2015.
Sharp rise in Selangor serviced apartment overhang
PETALING JAYA (April 30): Selangor’s serviced apartment/SOHO overhang units saw a drastic increase in 2019.
Laughing at kitchen fails
PETALING JAYA (April 30): Malaysians have been finding ways to cope with the limitations imposed by the Covid-19 Movement Control Order (MCO) and there has been no shortage of creative methods devised.
Malaysian retail malls' occupancy at 79% in 2019, offices at 81%
PETALING JAYA (April 29): The shopping complex or retail property sector's performance was stable last year, recording an overall occupancy rate of 79.
