News about state

COVID-19病毒肆虐，严重打击全球经济，预期将重创全球经济。一系列前所未见的危机使政府、公司和个人都必须打起十二分精神应对。 为了阻止病毒扩散，我国政府宣布将原本为期两周的行动管制令（MCO）再延长两周至4月14日。商业活动被暂停的后果已经显现。 眼下时局已与往日大不相同，EdgeProp.

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 (March 25): Office and industrial real estate investment trusts (REITs) in Malaysia are unlikely to offer free rental or rebates during the Movement Control Order (MCO) period currently in place in the country due to the COVID-19 virus outbreak.

PETALING JAYA (March 25): Real estate agents and negotiators are facing challenges working from home during the Movement Control Order (MCO) period being enforced to stem the spread of the COVID-19 outbreak in Malaysia.

KUALA LUMPUR (March 20): Gamuda Bhd’s property arm Gamuda Land said today that its 548 unit executive condominium joint venture (JV) project known as OLA (pictured) in Singapore has been oversubscribed, after receiving 1,163 electronic applications from interested buyers.

KUALA LUMPUR (March 20): BDO Governance Advisory Sdn Bhd, appointed by the board committee of AirAsia Group Bhd and AirAsia X Bhd (AAX) to assist in undertaking an independent review on  corruption allegations related to the Airbus scandal against their co-founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun, has given the duo the all clear.

KUALA LUMPUR (March 18): Chief Secretary to the Government Datuk Seri Mohd Zuki Ali has apologised for not inviting the leaders of Pakatan Harapan-ruled states to attend the special coordination meeting to tackle the COVID-19 outbreak yesterday.

PETALING JAYA (Mar 17):The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) and the Persatuan Perunding Hartanah Muslim Malaysia (PEHAM) have urged the public to come forward and lodge reports with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) and the police if they come across any illegal real estate brokers.

KUALA LUMPUR (March 16): Sarawak has recorded 34 confirmed cases of Covid-19 over the last three days, 29 of which are imported cases, the State Disaster Management Committee said today.

PUNCAK ALAM (March 12): The Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) and the police conducted a joint raid on a real estate cooperative firm's office in Puncak Alam, Selangor today.