News about per

PETALING JAYA (Feb 1): Sunway Property has acquired land in Cheras for RM42 million for a future residential development.

PETALING JAYA (Feb 1): The most positive scenario for the overall Malaysian property market in 2021 would be a slightly better performance than last year due to the start of the vaccination programme that would help in controlling the Covid-19 pandemic, according to Henry Butcher Real Estate chief operating oficer (COO) Tang Chee Meng.

KUALA LUMPUR (Feb 1): A majority of Malaysians appear to continue living in a state of uncertainty about the viability of both the country’s economy and the incumbent government’s capability to lead the country in the right direction, according to think tank EMIR Research.

KUALA LUMPUR (Jan 30): A councillor from the Canadian city of Vancouver wants more stringent checks on the backgrounds of those applying for property development permits, The Edge Malaysia reported.

KUALA LUMPUR (Jan 30): The various movement controls since March last year imposed by the government to combat the Covid-19 pandemic have no doubt been a big blow to the hospitality and tourism industries.

KUALA LUMPUR (Jan 29): Men infected by Covid-19 may experience damaged sperm quality and reduced fertility, AFP reported today based on a study that was published in the journal Reproduction.

It sounds incredulous, but banks had initiated foreclosure proceedings against homebuyers, not because the latter had failed to pay their instalments, but to recover loans which their developers had defaulted! And this was legal because the developers had secured their loans by using the purchasers’ houses as collateral! The crux of the problem was that the Housing and Local Government Ministry’s (KPKT) prescribed sale and purchase agreement (SPA) allowed developers to build houses with the instalments of the purchase price paid by purchasers from the day the SPAs were signed.

KUALA LUMPUR (Jan 27): KLCC Stapled Group posted its first ever quarterly net loss on record after impairment and fair value changes on investment properties weighed on its financials.

KUALA LUMPUR (Jan 22): The High Court had on Wednesday allowed an application by the Avenue K Joint Management Body (JMB) and K Residence to set aside an earlier decision by the court for the JMB to be declared invalid and its resolutions passed be declared null and void.

As the Covid-19 pandemic continues to ravage Malaysia, the government took to imposing the Movement Control Order (MCO) 2.