Property News

Property prices expected to drop by as much as 20% following Covid-19
Property prices are expected to decline by as much as 20% in the next few months with more motivated sellers, as the impact of Covid-19 continues to unfold. During the online Asean Real Estate Forum, Malaysian Institute of Estate Agents (MIEA) president Lim Boon Ping said that the Malaysian real ... Read More

Penang police warn of stricter enforcement during MCO 3
"From now on, we will be very strict in our checks. "We will ask for every single detail such as their address and such until we are satisfied. “There is no reason for someone from Farlim to come all the way to Jelutong just to get food. Aren’t there any ... Read More

MIEA warns public to beware of property scams
The Malaysian Institute of Estate Agents (MIEA) is advising the public to be cautious in buying and selling properties during the Movement Control Order (MCO) period to avoid falling prey to scams. MIEA noted that amid the MCO, the majority of Malaysians who are keen to buy or sell property ... Read More

Jalan Sultan Azlan Shah flyover closed to Bayan Lepas-bound traffic from Monday (April 13)
The flyover along Jalan Sultan Azlan Shah here will be closed to traffic from George Town heading to Bayan Lepas from Monday (April 13) following the extension of the movement control order (MCO). Southwest district OCPD Supt A. Anbalagan said the closure was meant to limit public movement and at ... Read More

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
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