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

KUALA LUMPUR (March 5): A Malaysia Anti-Corruption Commission (MACC) investigating officer disagreed with lawyers’ assertions that former Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi (pictured) had received donations, instead of bribes, in cheques amounting to RM13.

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): 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.

KUALA LUMPUR (March 5): UMNO Supreme Council member Datuk Dr Mohd Puad Zarkashi has removed his controversial Facebook post containing alleged defamatory statements on the quarantine order involving Prime Minister Tan Sri Muhyiddin Yassin (pictured), following the High Court's ex parte injunction imposed on Mohd Puad.

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.

The proximity to institutes of learning in Wangsa Maju and Setapak is a huge draw for both tenants and by extension, property investors.