Many hardware, spare part and pet shops resume business
Twenty days into the movement control order (MCO), hardware shops, spare part shops (agriculture and industrial machinery), pet shops and shops that sell agriculture inputs have finally been allowed to open twice a week in Penang starting from yesterday. The MCO, which took effect on March 18, has been extended from ... Read More
Property purchase made easy with Mah Sing’s Home Ownership Program
Do not be despair during this Movement Control Order period as Mah Sing has put up a team to support all your enquiries via phone call. If you are scouting for a rewarding way to own a desire home, Mah Sing has the answer for you! Call 04-2913128 now! Check ... Read More
RPGT should be zeroized till the end of the year
The Real Property Gains Tax (RPGT) should be zeroized (as it was in 2007) till the end of the year to help boost the already soft real estate market in the country, said the Malaysian Institute of Estate Agents (MIEA). This will help reduce losses of property sellers who are ... Read More
Property purchase made easy with Mah Sing’s Home Ownership Program
Do not be despair during this Movement Control Order period as Mah Sing has put up a team to support all your enquiries via phone call. If you are scouting for a rewarding way to own a desire home, Mah Sing has the answer for you! Call 04-2913128 now! Check ... Read More
Real estate market hit hard by Covid-19
The coronavirus, or Covid-19, has brought the whole world to a standstill, and the property market is no exception with mounting pressure on the supply and demand. Knight Frank Malaysia is expecting lower activity in leasing and investment in commercial office. The firm's executive director of corporate services Teh Young ... Read More
Penang shuts down Sri Aman market for disobeying MCO
The Penang Island City Council (MBPP) has temporarily closed the market in the Sri Aman Complex in Relau for three days, beginning from today. It is the first market in the state to be shut down by the authorities since the movement control order (MCO) was enforced on March 18 ... Read More
No jogging even within gated housing communities
Defence Minister Datuk Seri Ismail Sabri reminded the public today that the movement control order (MCO) applies even within gated vicinities, the Malay Mail reported today. The warning followed allegations that many residents in gated communities were found outside their homes, with some said to be jogging in large groups ... Read More
‘Unfit’ property developers will fall
With the Movement Control Order (MCO) in Malaysia extended for another two weeks to April 14, 2020 to curb the spread of the COVID-19 outbreak, property sales galleries will remain closed and construction works halted until then. Property developers may have a slight buffer from unbilled sales to cushion the ... Read More
6-month loan repayment moratorium: No need to apply, interest will be accrued
BNM has issued a FAQ on the six-month loan repayment moratorium, which clarified that borrowers need not apply as the process is automatic. The central bank also clarified that the interest will continue to accrue during the deferment period. This could result in higher subsequent instalment amount or an extension ... Read More
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