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June 19, 2020 Published EVERY FRIDAY FRIDAY, JUNE 19, 2020 . issue 3123/2020 . PP19055/06/2016(034530) DIGITAL EP EP EP Subscribe to our e-Pub 04NEWS PROPERTY08 DONE11 DEALS CHAT for FREE! Check out the latest CONCLUDED Developer clears Know the SALE/RENTAL unsold units by Types of adapting products to Resolution(s) customers’ needs under SMA Refinancing How does it work? your home When is the best time to do it? See pages 6 and 7. EP 2 FRIDAY JUNE 19, 2020 NEWSNEWS HIGHLIGHTSHIGHLIGHTS from www.www.EdgeProp.myEdgeProp.my Get BREAKING PROPERTY NEWS delivered to you daily via G WhatsApp! N TI Awana Skyway and EN TO SUBSCRIBE G 1. Add +6018 290 2116 LD to your contact hilltop Genting casino OR list as EdgeProp S W News. Or scan resume operations ORT this QR code. ES R 2. Send us a WhatsApp with "NEWS" and your full Genting Malaysia Bhd’s hilltop casino members. Public entry into the casino name in the message. in Genting Highlands has resumed will resume as soon as possible. operations today (June 19) after being The Awana Skyway cable car shut for three months since March 18 and Genting express buses will also due to the Covid-19 Movement Control resume operations, it said. Order. Moreover, RWG has implemented Resorts World Genting (RWG) said MySejahtera Check-In at all its The Edge Property Sdn Bhd in a statement that it will reopen primary entrances and outlets (1091814-P) Level 3, Menara KLK, at 10am with enhanced safety throughout the resort. Thus, guests are No. 1 Jalan PJU 7/6, Mutiara measures in place to ensure the encouraged to download and register Damansara, 47810 Petaling Jaya, health and safety of all its guests the MySejahtera application prior Selangor, Malaysia and employees. to their visit to RWG for convenient However, due to limited capacity, access to the resort’s premises. EdgeProp.my entry to SkyCasino in SkyAvenue and Resorts World Kijal and Resorts Genting Club in Genting Grand Hotel World Langkawi have also reopened Managing Director/Editor-in-chief Au Foong Yee will only be for Genting Rewards on Thursday June 18. EDITORIAL Executive Editor Sharon Kam Assistant Editor Tan Ai Leng “We are encouraging developers tion,” he told Bernama on Tuesday. Deputy Chief Copy Editor Zuraida to discuss James Chong to clear up their (overhang) stocks He added that the TTPM has re- Copy Editor foreign property and, if there’s any development for HOTLINES ceived two claims so far, including Arion Yeow sale price with state new homes, let’s concentrate on af- one on the extraordinary spike of Senior Writer For COVID-19 screening Rachel Chew fordable homes that are RM500,000 electricity bill, filed on June 5. Writers governments or tests, contact the Health Housing and Local Government Min- and below because there is a need Natalie Khoo, Chin Wai Lun, Ministry’s Crisis Preparedness Chelsey Poh ister Zuraida Kamaruddin plans to for them,” she said after the launch and Response Centre (CPRC) Art Director Sharon Khoh discuss with all state governments of Grand Maris Suite and cheque Preschools, Senior Designer Jun Kit Tel: 03-8881 0200, regarding the property sales price presentation of land premium for kindergartens to 03-8881 0600 For New Launches/Events/ and terms for foreign buyers in order the Rawang Transit Belia project on Press Releases/News Tips and 03-8881 0700 reopen on July 1 to get overhang units sold. Tuesday. The government has agreed to re- email: [email protected] from 8.30am to 5pm daily Tel: (03) 7721 8211 Fax: (03) 7721 8280 She said open preschools and kindergartens Or Email: [email protected] ADVERTISING & MARKETING while property from July 1, said Senior Minister (Se- Associate Account Director, developers are April unemploy- curity Cluster) Datuk Seri Ismail Sabri For more information, go to Advertising & Marketing encouraged to ment rate rises Yaakob. Heidee Ahmad (019) 388 1880 CPRC Telegram channel at Senior Account Managers concentrate to 5% He said the opening as well as Ian Leong (012) 359 1668 https://t.me/cprckkm Cecilia Too (012) 319 7666 more on devel- Malaysia’s unemployment rate in the related standard operating pro- oping afforda- April 2020 spiked to 5% — the high- cedure (SOP) were tabled by the Ed- For queries on the Restricted Marketing Support & Ad Traffic ble housing est since 1990 — as unemployed ucation Ministry (KPM) at the special Madeline Tan (03) 7721 8218 Movement Control Order, projects priced persons went up 48.8% year-on-year ministerial meeting on Monday. email: [email protected] call 03-8888 2010. at RM500,000 (y-o-y) to 778,800 persons. He added that the move involved BUSINESS DEVELOPMENT Manager and below, de- Chief Statistician Malaysia Da- 6,216 preschools under KPM and Nimalen Parimalam (014) 324 3193 velopers would tuk Seri Dr Mohd Uzir Mahidin said The most affected employed per- 7,887 private preschools as well as AGENCY SALES need to clear up the closure of operations for most sons were in the manufacturing and 1,781 kindergartens under the Na- Sales Manager their property overhang first, espe- businesses during the Movement services sectors, namely accommo- tional Unity Ministry and another Stannly Tan (012) 538 1687 cially the high-end ones, as more Control Order (MCO) has impacted dation and food & beverage; arts, 8,530 kindergartens under the Rural PRODUCT DEVELOPMENT than 80% of unoccupied units were employment and job seekers could entertainment & recreation and oth- Development Ministry. & CUSTOMER ADVISORY from the premium sector. hardly find jobs. er services such as beauty centres However, the detailed SOP on Associates Omar Nawawi (012) 537 1687 and salons. the opening would be announced by Nazrin Hakimin (017) 368 6061 KPM soon. For enquiries and listings email: [email protected] Tel: (03) 7733 9000 CIDB inspected EdgeProp.my e-Publication is published by The Edge Property 7,699 construction Sdn Bhd. Download it for free at sites from April 20 www.EdgeProp.my – June 14 The Construction Industry Devel- The Edge Malaysia TNB bill: Consumers opment Board (CIDB) has carried out inspections on 7,699 construc- Publisher and Group CEO can lodge claims Ho Kay Tat tion sites nationwide from April 20 with TTPM to June 14. EDITORIAL Consumers who are not satisfied with Works Minister Datuk Seri Fa- Editor-in-chief Azam Aris the increase in their electricity bill dillah Yusof said of the total, 370 CORPORATE Chief Operating Officer during the Movement Control Order construction sites were found not in Lim Shiew Yuin Public approval of Malaysia’s Covid-19 (MCO) period can file their claims at compliance and given a warning, while ADVERTISING & MARKETING actions among the highest globally the Tribunal for Consumer Claims another 17 were ordered to close or Chief Commercial Officer Sharon Teh (012) 313 9056 Malaysia has been recognised as among the five nations in the world to Malaysia (TTPM). stop operations for the time being. General Manager have succeeded in controlling the spread of Covid-19, said Senior Minister Deputy Domestic Trade and Con- “Among the offences committed Fong Lai Kuan (012) 386 2831 (Security Cluster) Datuk Seri Ismail Sabri Yaakob. sumer Affairs Minister Datuk Rosol by construction companies were not Senior Sales Manager He said Malaysia, was one of the countries where the government’s Wahid said besides lodging com- conducting body temperature checks Gregory Thu (012) 376 0614 Head of Marketing actions in controlling the spread of the virus was well-accepted by the plaints to Tenaga Nasional Berhad or providing hand sanitizers, [not Support & Ad Traffic people. “People’s acceptance of the government’s actions received (TNB) and the Energy Commission, practising] social distancing and fail- Lorraine Chan (03) 7721 8001 recognition in a global survey where Malaysia was ranked among the top consumers can also file their case ure to obtain approval from the state five countries in the world, with the highest public approval,” he said in a with TTPM for a fee of only RM5. government,” he told reporters after daily press conference. “The issue of high electricity bill visiting the construction site of Bukit The prime minister introduced the Movement Control Order (MCO) during the MCO has come to our Bintang City Centre to monitor com- on March 18, which was followed by the Enhanced MCO in several areas. attention. We noticed that many con- pliance with the SOPs of the recovery The good cooperation of all Malaysians who had complied with every sumers have expressed dissatisfac- movement control order (RMCO). directive issued, led to the flattening of the COVID-19 curve in the country, he added. How do I get past issues of this weekly e-Publication? Go to www.EdgeProp.my to download for free! FRIDAY JUNE 19, 2020 EP 3 ENDORSED BY MINISTRY OF HOUSING AND LOCAL GOVERNMENT JOIN US LIVE! to experience Malaysia’s first ever virtual awards ceremony. SIGN UP FOR REMINDERS Live FREE TO JOIN PM us on FB.com/myedgeprop WHEN WHERE EdgeProp Malaysia’s or CLICK to register Saturday, 27 June @ 8pm Facebook Page PRESENTED BY | PARTNER | SUPPORTING PARTNERS | SUPPORTED BY | EP 4 FRIDAY JUNE 19, 2020 NEWS Developer clears unsold units by adapting products to customers’ needs LOW YEN YEING | EdgeProp.my BY TAN AI LENG homebuyers have a better under- the developer create products at standing of their financial strengths. a suitable price. PETALING JAYA: Its personalised “If the CCRIS report shows that Myra currently has four town- service and social media engage- the interested buyer is heavily in ships under its belt – Myra Sau- ment with customers have helped debt, instead of selling our prop- jana in Dengkil, Myra Meranti in property developer Oriental Inter- erty, we would advise him/her to Puchong along with Myra Alam est Bhd clear off some unsold units reduce certain debts before trying in Puncak Alam and Myra Putra in from its projects in the current mar- to submit their loan application or Desa Pinggiran Putra, with more ket downturn.
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