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…
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…
