Taking the hot seat to helm the Port Klang Free Zone (PKFZ) in mid-May this year, Datuk Lawrence Low has no time for celebrations as his appointment came in the midst of a pandemic that has yet to subside — a time where businesses are still trying to find their footing in the new normal.
The National House Buyers Association (HBA) refers to recent media reports where Housing and Local Government Minister Zuraida Kamaruddin has proposed to introduce a Residential Tenancy Act (RTA) which is to be tabled in Parliament next year.
KUALA LUMPUR (Aug 15): The Temporary Measures for Reducing The Impact of Coronavirus Disease 2019 (Covid-19) Bill 2020 was tabled in the Dewan Rakyat last week but a lawyer said that there are “issues with some of the clauses as these are not entirely clear”, reported The Edge Malaysia.
KUALA LUMPUR (July 23): Pavilion Real Estate Investment Trust (REIT) said its net property income (NPI) for the April-June quarter declined 57.
Slowdown in tenant demand, reevaluation of office space usage expected in coming months: KPMG International
KUALA LUMPUR (June 24): The pandemic has disrupted the office landscape, which will face a challenging time in the months ahead, according to KPMG International’s “Real Estate in the New Reality” webinar on June 23.
PETALING JAYA (June 23): 1 Utama Shopping Mall will be injecting an additional RM1 million to the existing RM1 million Retail Stimulus Package it introduced back in March 2020 before the Movement Control Order (MCO), the regional mall in Petaling Jaya, Selangor announced today.
PETALING JAYA (May 1): The Malaysia Shopping Malls Association (PPK) is calling for the enactment of the Covid-19 Act purportedly to protect businesses and jobs to protect both landlord and tenant in genuine situations with no abuse for a “free-ride”.
KUALA LUMPUR (April 30): CapitaLand Malaysia Mall Trust (CMMT) has committed to RM35 million in rental relief for shopping mall tenants in non-essential services during the movement control order (MCO) period.
KUALA LUMPUR (April 28): Parkson Holdings Bhd's Cambodian unit has been ordered to pay US$144.
KUALA LUMPUR (April 18): Non-essential retailers have been instructed to remain shut during the Movement Control Order (MCO) for a total of six weeks from March 18 to April 28.