News by CHIN WAI LUN

Knight Frank Malaysia managing director Sarkunan Subramaniam: It may be timely to waive property taxes such as quit rent and assessment for the second half of 2020.

这个单位的租户喜欢这个位于高楼层的单位，因为可以饱览城市景观，而且还附全屋装潢。

This will help reduce losses of property sellers who are facing a demand from buyers to reduce prices in light of the economic downturn and the impact of the current Covid-19 pandemic, said MIEA.

The shift in consumers’ mindset reaffirms the congruity for retailers and companies to break away from the traditional brick-and-mortar business model and embrace digital disruption.

The inspiring light spectacles are achieved by turning on the lights at selected rooms and floors in the hotels after sundown.

Sunway Group said it has been in close contact with the MOH and UMMC to help decant their COVID-19 cases so that government facilities can focus on managing confirmed COVID-19 cases.

Tropicana said it will help ease the tenants’ financial burden amidst the COVID-19 outbreak so that they can, in turn, assist their employees.

MIPFM president Adzman Shah Mohd Ariffin: Most property management businesses are in the SME category and are operating at competitive fees with slim margins, and some are already facing delayed payments from clients.

SCM Property Services Sdn Bhd general manager Paul Richard: We do understand that this is ‘unprecedented’ and that there is a lot of key learning that we can gather from this crisis. Hence, we look forward to a proper statutory law and standard operating procedures to be introduced and implemented in order to manage crisis situations in future.

“Buyers wish to view the properties but are unable to do so. Certain procedures such as title searches, loan eligibility and more are delayed due to the current MCO."