Majuperak to venture into Solar Photovoltaic Generating System project in Perak
KUALA LUMPUR (April 6): Majuperak Holdings Bhd, via its wholly-owned unit Majuperak Power Resources Sdn Bhd (MPR), will be partnering with United Solar Energy (Malaysia) Sdn Bhd (USEM) through a joint-venture (JV) agreement to jointly venture into the Solar Photovoltaic Generating System (SPS) project using the Net Energy Metering (NEM) scheme in Perak.
Help sought from minister to get property management services listed as essential service
PETALING JAYA (April 4): A joint memorandum calling for property management services to be listed as an essential service during the Movement Control Order (MCO) period has been submitted to Housing and Local Government Minister Zuraida Kamaruddin by the National House Buyers Association (HBA), the Malaysian Institute of Property and Facilities Managers (MIPFM), the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) and the Property Surveying Section of the Royal Institution of Surveyors Malaysia (RISM).
The do's for property managers during MCO
Buildings don’t rest, not even during the current COVID-19 pandemic and the Movement Control Order (MCO), which has been extended to a further two weeks till April 14, 2020.
MIPEAC calls for urgent property market stimulus
KUALA LUMPUR (April 3): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) has joined recent calls for the government to provide specific stimulus measures for the real estate industry in light of the prolonged slowdown and the impact of the Covid-19 outbreak and ongoing Movement Control Order (MCO) in the country.
Health DG: We have solved the issue of PPE shortage
KUALA LUMPUR (April 3): The Ministry of Health (MoH) has managed to solve the issue of shortage of personal protective equipment (PPE) among healthcare workers who are in contact with Covid-19 patients, according to its director-general Datuk Dr Noor Hisham Abdullah.
DONE DEAL: Office unit, Plaza Sentral, Kuala Lumpur
Sold for: RM2 million (around RM736 psf) Concluded by: Carmen Lee (REN 12639) (012-207 3989) of Reapfield Properties (HQ) Sdn Bhd When: February 2020 Noteworthy: ● Freehold ● Mid-floor unit with built-up of 2,715 sq ft ● Fully-furnished ● Located within KL Sentral and walking distance to NU Sentral Shopping Centre ● Easy access to main roads and highways such as Jalan Damansara, Jalan Travers, Jalan Syed Putra and Lebuhraya Sultan Iskandar, around 10km to KL city centre and 5km from Mid Valley Read also DONE DEAL: Office unit, Solaris Dutamas, Kuala Lumpur DONE DEAL: Office lot, Oasis Square, Ara Damansara, Petaling Jaya, Selangor Developed by Malaysian Resources Corp Bhd (MRCB), the master developer of KL Sentral transit-oriented development, Plaza Sentral is a MSC Cybercentre-status office and is home to IT businesses and fintech start-ups.
News Corp to suspend 60 community newspapers across the country because of coronavirus
KUALA LUMPUR (April 1): News Corp says it will suspend printing of 60 Australian community newspapers in New South Wales, Victoria, Queensland and South Australia from April 9, ABC reported today.
Expect more auction properties as economy weakens
KUALA LUMPUR (April 1): As the present COVID-19 pandemic and the Movement Control Order (MCO) pile more pressure on Malaysia's economy, the housing property market will not be spared either and more properties are expected to be put up for auction in the near future, said real estate consultancy Knight Frank Malaysia.
