(Yes, they can do that) AMPANG – Ampang Jaya property owners are urged to settle their assessment tax with the local council or risk having enforcement action taken against them. The Ampang Jaya Municipal Council (MPAJ) is sending out notices and would confiscate the belongings of errant ratepayers to recover…
We’ve all heard stories of someone who has invested in Malaysian property and got burnt. From horror stories of the estate not having enough funds to pay for a working lift, or to developers running out of money to leave the development half-built, it does seem like investing in Malaysia…
Should you buy or rent a home? The arguments for and against have evolved over the years. There are now more factors in play – the pandemic and resultant work-from-home practices, for instance, have provided more incentive for people to own their own residential property. But Covid-19 has led to…
So we have been more than one year into the COVID-19 pandemic and lockdowns, how has it affected property prices? That might the question most home buyer and investors are asking at this moment. Well in Selangor, data shows that residential property prices may finally be coming down. That’s what…
Subang Jaya Municipal Council Attains City Status SHAH ALAM – The Subang Jaya Municipal Council (MPSJ) has attained city status and declared Subang Jaya City Council (MBSJ) effective 20th October 2020. Selangor Menteri Besar Datuk Seri Amirudin Shari said the declaration was made after obtaining the consent of the Sultan…
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…
