KUALA LUMPUR – About 60% of Malaysian workers will find it very challenging to survive for more than one week, let alone raise even RM1,000 in household expenses, if they suddenly lost their jobs due to the Covid-19 pandemic. This is based on a study by Bank Negara Malaysia (BNM)…
SINGAPORE – In the time of coronavirus pandemic uncertainty, Alibaba Group Holding has shown its confidence in property value by acquiring a 50% stake in AXA Tower, a 50-storey prime office tower in Singapore. The deal valued the property at SGD1.68 billion (USD1.2 billion). Lazada, Alibaba’s Southeast Asia e-commerce platform,…
PETALING JAYA – Property owners becoming more realistic on pricing during tough times and willing to reduce their asking price, for buyers who are eyeing for investment properties, now it’s time to do so, said Propnex Malaysia COO & principal Evon Heng. For buyers who are eyeing for investment properties,…
Alibaba founder Jack Ma has donated COVID-19 test kits, face masks and protective gear sets to Malaysia, and other Southeast Asian nations brace for a domestic surge in coronavirus infections. The Jack Ma Foundation and Alibaba Foundation announced a joint donation of 2 million masks, 150,000 test kits, 20,000 sets…
Mah Sing Group Bhd says there is rising interest for its product offerings from overseas buyers in view of Malaysia’s attractive unique value proposition as a destination for retirement and education purposes as well as real estate investments business. The developer plans to launch RM2.1 billion worth of new projects…
GEORGE TOWN – Born blind and abandoned at birth, Esah Hussin epitomises the adage that anything is possible with grit and determination. The telemarketing officer, 42, has just moved into her newly bought low-medium-cost apartment in Tanjung Tokong, Penang which she bought for RM72,500 in cash. She had saved the…
KLANG – Seperti jodoh, rezeki memiliki kediaman sendiri juga adakalanya tiba dalam keadaan tidak disangka. Ada yang bertahun-tahun mencari, tapi belum berjaya memiliki apa yang diidamkan, namun ada pula ‘bertemu jodoh’ walaupun pada asalnya ‘jodoh’ itu untuk orang lain. Selepas menyewa hampir enam tahun, impian Indra Suatau, 35 memiliki kediaman…
KELANA JAYA — Property developers in Malaysia are not optimistic about the sector’s outlook in 2H 2019 at least until the end of the year. Real Estate and Housing Developers’ Association (REHDA) is neutral on the market in the second half of 2019 but feels that things will get better…
Keen buyers queued up as early as 4.30am PENANG — Iconic Worldwide Bhd’s maiden property project Iconic Point recorded a 100 per cent take-up rate during its soft launch at its sales gallery in D’Piazza Mall, Penang. Ten minutes into the two-day soft launch, 70% of the units offered were…
I said even a minister can’t afford (the flat in Hong Kong). Housing and Local Government Minister Zuraida Kamaruddin KUALA LUMPUR — Putrajaya may organise another Home Ownership Campaign (HOC), only this time for buyers in China and Hong Kong, said Housing and Local Government Minister Zuraida Kamaruddin. But, she…
