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KUALA LUMPUR (May 2): Twenty seven Covid-19 cases were detected at the Pavilion Embassy construction site here, the Malay Mail reported today.

KUALA LUMPUR (May 2): Rare earths producer Lynas Corp said on Friday it will reopen its processing plant in Malaysia at the start of next week as the Southeast Asian nation eases restrictions imposed since March to control the spread of Covid-19, Reuters reported yesterday.

PETALING JAYA (May 1): Johor has the highest number of overhang serviced apartments in the country but the situation is being mitigated by the state government's move to freeze applications for such developments in the state.

PETALING JAYA (May 1): The Home Ownership Campaign (HOC) has contributed to an improvement in Malaysia's overall property market performance in 2019 and should be reintroduced to provide a much needed boost to the property sector in light of the current downturn amid the Covid-19 pandemic.

PETALING JAYA (May 1):  It is estimated that unsold Bumiputera units contributed to about at least 40% of the total residential property overhang units in Malaysia.

PETALING JAYA (May 1): Property developers who want to sell their products to foreigners should join in efforts to promote the country first and foremost before promoting their own individual projects, said Real Estate and Housing Developers' Association (Rehda) president Datuk Soam Heng Choon.

PETALING JAYA (May 1): Will freezing approvals for new projects help overcome the property overhang situation in Malaysia? Read also Promote Malaysia before promoting projects, developers told Efficient Bumiputera units release can help reduce property overhang Developers continue push for HOC extension Supply of serviced apartments being reduced amid overhang A suggestion to freeze approvals for new projects in view of the overhang was raised by a viewer during EdgeProp.

PETALING JAYA (May 1): Some health experts are worried that the relaxation of the movement control order (MCO) from May 4 onwards “might lead to new waves of Covid-19 infections”, reported Free Malaysia Today (FMT).

KUALA LUMPUR (May 1): Daycare centres will be allowed to operate beginning May 4 but with strict rules in place, Malaysiakini reported today.

PETALING JAYA (May 1): The absorption of commercial-titled residences, mainly serviced apartments and SoHos, is posing a challenge to the market as seen from the significant increase in the number of overhang units of this property type in 2019.