Property overhang down 5% in 2019 but serviced apartment segment spiked
PETALING JAYA (April 29): The residential property overhang and unsold residential property situation in the country improved last year (2019).
PETALING JAYA (April 29): The residential property overhang and unsold residential property situation in the country improved last year (2019).
PETALING JAYA (April 29): The Malaysian property market had shown marginal improvement last year (2019) with a total of 328,647 transactions worth RM141.
KUALA LUMPUR (April 29): G City Club Hotel Sdn Bhd has ceased operations after a decade of being in the hospitality business, as the Covid-19 pandemic became the last straw for the company, which has been suffering losses over the past few years.
KUALA LUMPUR (April 29): Malaysia reported 94 new Covid-19 cases today, exceeding 55 cured cases reported, according to the Health Director-General Datuk Dr Noor Hisham Abdullah.
KUALA LUMPUR (April 29): Lauding the government’s decision to allow approved businesses to fully resume their operations from today, Mah Sing Group Bhd said Putrajaya should also consider lifting the lockdown for the property sector.
KUALA LUMPUR (April 29): Local Chinese-language newspaper Oriental Daily will only be printing on weekdays from May 1 onwards, and will also be reducing its newsstand price from RM1.
KUALA LUMPUR (April 29): Starting today, a person going out to purchase food or daily necessities during the movement control order (MCO) may be accompanied by one family member staying in the same house, according to an updated regulation by the Ministry of Health.
KUALA LUMPUR (April 29): A police inspector charged with trafficking and power abuse to exploit two Mongolian women for sex has claimed trial at the Sessions Court in Klang today, Malaysiakini reported.
KUALA LUMPUR (April 29): A Malaysian mother who is expecting her second child walked across the Johor-Singapore Causeway with her luggage and two-year-old son to return home, according to a Malaysiakini report.
KUALA LUMPUR (April 28): Hotels will continue to be disallowed from operating at full capacity under the fourth phase of the Movement Control Order (MCO) starting tomorrow.