News by CHIN WAI LUN

Tropicana said it will help ease the tenants’ financial burden amidst the COVID-19 outbreak so that they can, in turn, assist their employees.

MIPFM president Adzman Shah Mohd Ariffin: Most property management businesses are in the SME category and are operating at competitive fees with slim margins, and some are already facing delayed payments from clients.

SCM Property Services Sdn Bhd general manager Paul Richard: We do understand that this is ‘unprecedented’ and that there is a lot of key learning that we can gather from this crisis. Hence, we look forward to a proper statutory law and standard operating procedures to be introduced and implemented in order to manage crisis situations in future.

“Buyers wish to view the properties but are unable to do so. Certain procedures such as title searches, loan eligibility and more are delayed due to the current MCO."

"This is a major issue. Property management is not considered an essential service although it ensures all services such as cleaning, security, lift maintenance and utilities supply are not interrupted in buildings." 

Jason Oh: The home is the most cosy and personal workspace one can ever ask for especially when you’re living alone

SUB: As the world grapples with COVID-19, how can the many holed up in their rooms or houses ensure productivity, even if just only temporary?

Sold for: RM800,000 (RM168.07 psf based on land size); Concluded by: Visaghan Naidu Thanagavalu (PEA 2466, 012-449 9175) of CBD Properties (Puchong) Sdn Bhd; When: December 2019

According to a notice by DBKL’s Project Implementation and Building Maintenance Department yesterday, this includes main contractors, nominated contractors, sub-contractors, construction site staff and related personnel.

“The number of illegal and unregistered real estate brokers is becoming more rampant despite strict laws governing the act of buying, selling and renting of real estate."