Thanking our frontliners: FT buildings and roads to be lit up in blue
PETALING JAYA (April 30): Government buildings, commercial buildings and some roads in Kuala Lumpur, Putrajaya and Labuan will be lit up in blue from 10.
Covid-19: Daily cases drop to 57 against 84 cured cases, while two more deaths reported
KUALA LUMPUR (April 30): The Ministry of Health (MoH) announced 57 new confirmed Covid-19 cases as of noon today, representing two straight weeks of fewer than 100 infections per day.
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.
Serviced apartment prices under pressure as supply surges
PETALING JAYA (April 30): Luxury serviced apartments in certain locations in the country have seen their market prices reduced by up to 14% amidst rising supply in the market.
Johor residential property transactions grew in 2019
PETALING JAYA (April 30): Residential property transactions in the state of Johor saw an uptick in 2019.
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.
MAH: Scheduled hotel openings for this year postponed
PETALING JAYA (April 30): Hotels that have been set up to open this year have all been postponed in light of the Covid-19 pandemic, said Malaysian Association of Hotels (MAH) CEO Yap Lip Seng.
Blu Inc Media ceases operations today
KUALA LUMPUR (April 30): Malaysian publishing company Blu Inc Media announced is ending both its print and digital publications today, effective immediately.
Sharp rise in Selangor serviced apartment overhang
PETALING JAYA (April 30): Selangor’s serviced apartment/SOHO overhang units saw a drastic increase in 2019.
Primary market sales improved amid fewer new launches
PETALING JAYA (April 30): The cautious approach by developers to hold back new residential launches to focus on clearing unsold stock has resulted in improved sales at 40.
