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Will offices 'die' as more work from home?
PETALING JAYA (April 10): Technology has allowed working remotely to become a growing trend but the recent Covid-19 outbreak has sped up the process drastically.
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State governments urged to give moratorium on quit rent and assessment
PETALING JAYA (April 8): State governments should consider a moratorium on quit rent and assessment for the second half of 2020 as this is one of the quickest ways to reduce business costs in light of the COVID-19 outbreak and Movement Control Order (MCO) in Malaysia, says Knight Frank Malaysia.
重点报道：新冠肺炎冲击 发展商如何逆转疫境？
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.
Urusharta Jamaah no longer Puncak Niaga’s substantial shareholder
KUALA LUMPUR (April 6): Urusharta Jamaah Sdn Bhd, the Finance Ministry’s special purpose vehicle (SPV), has ceased to be a substantial shareholder of Puncak Niaga Holdings Bhd, after selling 1.
Consider risk of spreading COVID-19 in jails, CJ tells courts
KUALA LUMPUR (April 5): Chief Justice (CJ) Tan Sri Tengku Maimun Tuan Mat (pictured) has urged judicial officers to consider the risk of contagion when sentencing offenders to jail during the COVID-19 pandemic.
Kampung Baru plan hits snag over acceptance by landowners, RM7b price tag
PUTRAJAYA (April 3): Federal Territories Minister Annuar Musa said the proposed development plan for Kampung Baru is still up in the air as only 61% of the landowners have agreed to it, Free Malaysia Today (FMT) reported today.
Health DG: Software to predict geographic spread of COVID-19 infections in the works
KUALA LUMPUR (April 2): The Ministry of Health (MoH) is working together with the National Security Council (NSC) to come up with a software that will be able to predict the geographic spread of COVID-19 infections to help combat the pandemic.
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.
