Malaysia overtakes Hong Kong in flexible workspace market
KUALA LUMPUR (July 30): Malaysia has overtaken Hong Kong in the flexible office space market, which has seen a third successive year of high growth.
Johor Rent-to-Own housing scheme needs review, says property consultant
PETALING JAYA (July 30): A property consultant has urged the Johor state government to review the Rent-to-Own (RTO) housing scheme owing to the current market condition that has been impacted by the Covid-19 outbreak, The Star report today.
Adibah Noor sells home, pawns jewellery to make ends meet during MCO
PETALING JAYA (July 30): Malaysian showbusiness practitioners have seen their income badly impacted owing to the Covid-19 pandemic.
Go for Covid-19 screening if you visited nasi kandar restaurant in Napoh, Jitra
KUALA LUMPUR (July 30): The authorities have called on all those who have visited/eaten at a nasi kandar restaurant in Napoh, Jitra between July 13 and 24 to go for Covid-19 screening to make sure they are not diseased, the New Straits Times reported yesterday.
FMM: Decision to limit foreign workers 'shocking, unacceptable'
KUALA LUMPUR (July 30): The Federation of Malaysian Manufacturers (FMM) has slammed the Ministry of Human Resources' announcement about limiting the hiring of foreign workers to only three sectors — construction, plantation and agriculture — as shocking, unacceptable and done without prior consultation with stakeholders.
FMM hails targeted loan moratorium extension, reiterates call for more assistance to businesses
KUALA LUMPUR (July 30): The Federation of Malaysian Manufacturers (FMM) has called on banks to consider making the process for the restructuring of loan repayments be made simple and seamless, given it is based on the individual banks’ commitment and not a directive from the government.
Economists laud move to extend moratorium for targeted groups
KUALA LUMPUR (July 30): The extension of the loan moratorium for targeted groups announced by the Government today has a “minimised” impact on the country’s banking sector, said MIDF Research economist Mazlina Abdul Rahman.
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.
