News by Edgeprop.my

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.

She said the manner that COVID-19 spreads is not yet fully known by science, so it is better to disinfect more places than to risk missing some areas.

Rented for: RM2,500 per month (RM4.16 psf); Concluded by: Ann Soh (REN 03232) (018-3698650) of Metro Rec; When: February 2020

National Chamber of Commerce and Industry of Malaysia: A protracted consolidation and over-adjustment in the property sector would drag down the overall construction sector. With the construction sector supporting the growth of around 140 other downstream industries, a sustained weak growth would have ripple effects on the economy.

"In light of the COVID-19 global pandemic, Parliament will take necessary measures for the Dewan Rakyat sitting scheduled on May 18."

"... This is what Rina, our Minister of Women, Family & Community Development thinks is important during the #COVID19 lockdown? No tips on how to deal with #DomesticViolence? Just state DV is a crime.”

The 700 sq ft shop at Lyndhurst Terrace street in the Central area of Hong Kong, which Tse purchased in 2012 with a price tag of HK$117 million (approximately RM65 million), was rented out for HK$200,000 (around RM111,000) monthly.

“We advise all family members not to travel to the airport to welcome their child, parent or relative home because they will be sent straight to the quarantine centre.”

“The 12 people who were tested positive for COVID-19 are from just one (foreign) family, so it's not fair to say that many people were infected because the building has a high concentration of foreigners living there."

Fitch Solutions also noted that the stimulus plan was not as robust as China and Singapore, which had a far more generous wage and training subsidy scheme, rental waivers, property and corporate tax reductions and a freeze on government fees and charges.