KIP Group co-founder Chew Lak Seong passes away at 65
The 65-year-old chieftain is the father of KIP REIT director Alex Chew Kheng Kai.
Knight Frank: Industrial and logistic sectors to continue performing well amidst pandemic
Knight Frank Malaysia managing director Sarkunan Subramaniam: The severe disruptions to supply chains globally which revolutionised e-commerce services, continues to drive the logistics sector whilst the critical need for good medical and healthcare support amid the pandemic coupled with attractive tax incentives is expected to see growth in the healthcare sector
DONE DEAL: Two 3-storey shopoffices at Ara Damansara, Petaling Jaya, Selangor
Noteworthy:
● Leasehold
● Built-up: 9,600 sq ft
● Land area: 3,600 sq ft
● Unfurnished
● Accessible via major highways such as New Klang Valley Expressway (NKVE), Federal Highway, Damansara-Puchong Highway (LDP), Shah Alam Expressway (KESAS) and more
When: April 2021
Sunway Property revises sales target to RM2.2b, driven by strong performance of Singapore launches
Sunway Property’s managing director Sarena Cheah: In Malaysia, we can see that well-priced products in good locations are still attracting genuine interest from new home buyers
Late delivery of property: Country Garden Danga Bay loses appeal
The Court of Appeal, on July 6, ruled that there was no misdirection by High Court judge Datuk Nordin Hassan in dismissing the judicial review.
An ‘otterly’ swim in a Singapore condominium
Otters take shortcut via the swimming pool at Holland Road condo to get to the other side of the road
DONE DEAL: SoHo unit at Arcoris Mont'Kiara, Kuala Lumpur
Noteworthy:
● Freehold
● Built-up: 670 sq ft
● One bedroom; one bathroom
● Fully furnished
● Facilities: Swimming pool, wading pool, tennis and badminton courts, gym and more
● Amenities: International schools, shopping facilities such as Plaza Mont’Kiara, 1 Mont’Kiara and Solaris Mont’Kiara
When: Feb 2021
BNM: Application for six-month moratorium starts tomorrow
Besides the moratorium, banks will also offer a reduction in instalments and other packages, including to reschedule and restructure financing to suit the specific financial circumstances of borrowers
Covid-19: Indonesia faces shortage of medical oxygen
With Indonesia recording more than 25,000 cases in a day, hospitals have exhausted all supplies with one reporting that 63 patients have died due to oxygen shortage
Sarawak’s Baram Peace Park receives US$200,000 donation from City of Basel
The mayor of Basel, Beat Jans said the contribution will support the project in order to sustain the livelihoods of 24 indigenous communities living in the area – the Penan, Kenyah, Kelabit and Saban
