News about property

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.

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.

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.

  成交价：RM220万（每平方尺RM912.

PETALING JAYA (March 31): The  Real Property Gains Tax (RPGT) should be zeroized (as it was in 2007) till the end of the year to help boost the already soft real estate market in the country, said the Malaysian Institute of Estate Agents (MIEA).

KUALA LUMPUR (March 25): Glomac Bhd’s net profit for the third quarter ended Jan 31, 2020 (3QFY20) jumped more than eight times to RM12.

KUALA LUMPUR (March 25): Visiting virtual property showrooms, live chatting with the sales person or even buying a property online are not something new in the digital era.

KUALA LUMPUR (March 25): Property managers are calling for clearer guidelines to be drafted by the government and relevant authorities on how property managers should conduct their duties during periods of crisis such as the ongoing COVID-19 outbreak.

KUALA LUMPUR (March 25): Meridian Bhd saw the emergence of Datuk Seri Lee Koon Weng as a substantial shareholder, after purchasing 7.

KUALA LUMPUR (March 24): Tan Sri Dr Lim Wee Chai, founder and executive chairman of Top Glove Corp Bhd, has emerged as a substantial shareholder in LBS Bina Group Bhd after purchasing 103.