Property News

How cash-rich make money from property in virus crisis
Tang and Ng (not their real names) entered into separate sale and purchase agreements last month, paying 10% as deposit to buy a house each in Petaling Jaya and Puchong. The properties were priced at RM1.8 million and RM900,000. Tang paid RM180,000 while Ng paid RM90,000. However, both instructed their ... Read More

MCO extended two weeks to April 28
The movement control order (MCO) to curb the spread of Covid-19 in the country has been further extended to April 28, Prime Minister Muhyiddin Yassin said today. In a live telecast, he said the MCO had helped healthcare workers contain the spread of the infection. He added that the country’s ... Read More

Mah Sing and Iconic donate face masks to aid frontliners
Mah Sing Group and Mah Sing Foundation donated 30,000 surgical masks while Iconic Worldwide Berhad contributed 20,000 medical-grade face masks to the Penang government. Mah Sing was represented by head of northern region and senior general manager Lai Kok Soon; while Iconic was represented by managing director Datuk Tan Kean ... Read More

Latest COVID-19 Statistics in Penang (by District)
Coronavirus disease 2019 (COVID-19), an infectious disease, was first identified to have spread to Malaysia on January 2020. One of the key preventive measures to reduce the chances of infection includes staying at home. Let us all stay at home to stay safe! #stayathome #staysafe As COVID-19 creates a critical ... Read More

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
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