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Platinum Victory D Vista Sentul Residences D Vista Danau Kota Published EVERY FRIDAY FRIDAY, AUGUST 7, 2020 . issue 3129/2020 . PP19055/06/2016(034530) DIGITAL Hunting for your Irresistible dream home? Click on the projects below! Asian Pac Holdings Bhd d Riaz Residences DK Group of Companies DEALS! Property developers are dishing out all d D’Immersione sorts of freebies during the current downturn. Eco World Development Visit the EdgeProp.my Malaysia Virtual Group Bhd Property Expo at VPEX.EdgeProp.my d Norton Garden at Eco Grandeur and check out the offers inside. Matrix Concepts Holdings Bhd d Clover @ Resort Residence 1 d Ervina @ Ara Sendayan Naza TTDI Sdn Bhd d MET 1 Residences @ KL Metropolis Platinum Victory d Vista Sentul Residences d Vista Danau Kota Sime Darby Property Bhd Malaysia d Ilham Residence Virtual Property at City of Elmina expo 2020 S P Setia Bhd d Setia Sky Seputeh Sunway Property d Sunway GEOLake Residences d Sunway Avila Residences d Sunway Serene EP 2 FRIDAY AUGUST 7, 2020 Malaysia VirtualNEWS Property HIGHLIGHTS Expo 2020from www.EdgeProp.my Get your dream home Malaysia Virtual Property at VPEX 2020! Expo 2020 he EdgeProp.my All you need to do to find Malaysia Virtual that dream home at VPEX 2020 Property Expo (VPEX) is to go through the proper- Participating developers is back! VPEX 2020 ties on VPEX.EdgeProp.my and The Edge Property Sdn Bhd will run on VPEX.EdgeProp.my get any queries you may have and projects at VPEX 2020 (1091814-P) T Level 3, Menara KLK, from Aug 7 till Sept 20, 2020. answered by their respective No. 1 Jalan PJU 7/6, Mutiara Be it affordable homes or developers straightaway. You Asian Pac Holdings Bhd Platinum Victory showcasing Damansara, 47810 Petaling Jaya, Selangor, Malaysia luxury homes, landed or high- can also check how much loan showcasing Riaz Residences Vista Sentul Residences and rise, there are properties to suit you can get by using the loan Vista Danau Kota every taste and budget at VPEX check tool that is connected DK Group of Companies EdgeProp.my 2020. Purchasers get to enjoy to 17 banks. showcasing D’Immersione Sime Darby Property Bhd Managing Director/Editor-in-chief various benefits doled out by Also watch out for special showcasing Ilham Residence Au Foong Yee the developers besides incen- FB Live presentations by Sime Eco World Development at City of Elmina EDITORIAL tives under the 2020/21 Home Darby Property, Asian Pac Group Bhd showcasing Norton Executive Editor Sharon Kam Ownership Campaign. and EcoWorld on EdgeProp. Garden at Eco Grandeur S P Setia Bhd showcasing Assistant Editor Tan Ai Leng VPEX was launched by my Facebook. Stay tuned to the Deputy Chief Copy Editor Setia Sky Seputeh James Chong EdgeProp.my in 2017 as FB page for more updates. Matrix Concepts Holdings Senior Writer Malaysia’s first virtual property VPEX 2020 visitors who Rachel Chew Bhd showcasing Clover @ Sunway Property showcasing fair. It has been held annually make enquiries about any Writers Resort Residence 1 and Ervina Sunway GEOLake Residences; Natalie Khoo, Chin Wai Lun, since and was poised to change participating project stand to Chelsey Poh @ Ara Sendayan Sunway Avila Residences and Senior Designer Jun Kit the conventional way of buying WIN attractive prizes worth over and selling properties when it RM10,000 including Panasonic Sunway Serene For New Launches/Events/ Naza TTDI Sdn Bhd Press Releases/News Tips was first introduced. It provides home appliances and weekly showcasing MET 1 email: [email protected] a 24/7 platform for buyers to giveaways of the Strata OMG 2.0 Tel: (03) 7721 8211 Fax: (03) 7721 8280 Residences @ KL Metropolis check out the latest property – Owner’s Manual & Guidebook Click to visit ADVERTISING & MARKETING projects and to meet the by EdgeProp.my and Chur Associate Account Director, developers behind them online. Associates. VPEX 2020’s Advertising & Marketing Heidee Ahmad (019) 388 1880 website Senior Account Managers now! Ian Leong (012) 359 1668 Cecilia Too (012) 319 7666 Marketing Support & Ad Traffic NEWS HIGHLIGHTS from www.EdgeProp.my Madeline Tan (03) 7721 8218 email: [email protected] The stapled security, which is BUSINESS DEVELOPMENT KPKT drawing up Temporary freeze Manager composed of KLCC Property Hold- Nimalen Parimalam (014) 324 3193 Residential Tenancy on MM2H ings Bhd and KLCC Real Estate In- AGENCY SALES Act to control The Malaysia My Second Home vestment Trust (REIT), also posted Sales Manager rental rates (MM2H) programme has been tem- a 23.88% decline in revenue to Stannly Tan (012) 538 1687 The Ministry of Housing and Local porarily frozen to enable the Min- RM267.25 million, from RM351.09 PRODUCT DEVELOPMENT Government is drawing up the pol- istry of Tourism, Arts and Culture million last year. & CUSTOMER ADVISORY icy for the Residential Tenancy Act (MOTAC) to comprehensively study Its cumulative net profit for Associates Omar Nawawi (012) 537 1687 to control residential rental rates in and re-evaluate it. the first six months fell 12.9% to Nazrin Hakimin (017) 368 6061 the country, said its minister Zurai- “Among the matters to be stud- RM317.34 million from RM364.33 For enquiries and listings da Kamaruddin. ied are the conditions, incentives Madden and Kam’s Roast before million a year ago, underpinned email: [email protected] She said this would take into and comparisons with MM2H-like the end of the year,” Pavilion KL’s by an 11.74% decline in revenue to Tel: (03) 7733 9000 account the interests of both the programmes in other countries chief executive officer (retail) Datuk RM621.84 million from RM704.54 EdgeProp.my e-Publication landlord and the tenant, as well such as the Citizenship by Invest- Joyce Yap told theedgemarkets.com. million in the corresponding period. is published by The Edge Property Sdn Bhd. Download it for free at as ensure that the landlord does ment or Residence by Investment This is on top of the new stores Via a statement, it noted that not simply increase rental or evict (programmes),” the ministry said that had opened in the mall during its retail segment, which includes www.EdgeProp.my the tenant. in a statement. the RMCO (Recovery Movement Suria KLCC and Menara 3 Petronas, “During the MM2H freeze period, Control Order) period including the saw 41.4% and 50% year-on-year The Edge Malaysia MOTAC as coordinator of the pro- new Adidas flagship store, Brunello declines in revenue and profit before gramme is unable to process new Cucinelli and Calia in June 2020; tax following the provision of rent- Publisher and Group CEO Ho Kay Tat applications forwarded to it. This and Dior and Karl Lagerfeld which al assistance to tenants and lower takes into consideration that pro- opened in July. internal digital advertising income. EDITORIAL cessing of the MM2H applications Yap noted that the Movement Meanwhile, the hotel segment Editor-in-chief Azam Aris CORPORATE involves various ministries and Control Order (MCO) and its sub- — mainly represented by the Man- Chief Operating Officer agencies which are also impacted sequent versions have undoubtedly darin Oriental Hotel Kuala Lumpur Lim Shiew Yuin by the temporary freeze. had an effect on retail businesses. — slipped into a loss of RM20.4 ADVERTISING & MARKETING Foreigners who are still interest- However, the mall’s “occupancy million. Chief Commercial Officer Sharon Teh (012) 313 9056 ed to participate in the programme rate remains stable”. General Manager can submit their applications after the Fong Lai Kuan (012) 386 2831 “This is one of the ways to con- programme is reactivated and meet Get BREAKING Senior Sales Manager PROPERTY Gregory Thu (012) 376 0614 trol rental rates in the country,” the prevailing conditions, it added. KLCC Stapled Head of Marketing she said when winding-up the de- NEWS delivered Support & Ad Traffic bate on the motion of thanks on Group 2Q net to you daily via Lorraine Chan (03) 7721 8001 the Yang di-Pertuan Agong’s royal Pavilion KL to see profit drops WhatsApp! address at the Dewan Rakyat on entry of new brands KLCC Stapled Group saw its net TO SUBSCRIBE Tuesday. Despite the tough operating land- profit for the second quarter end- 1. Add +6018 290 2116 Meanwhile, commenting on the scape and recent slowdown in retail ed June 30, 2020 (2QFY20) fall by to your contact Affordable Housing Policy, Zu- spending due to the Covid-19 pan- 22.68% to RM140.46 million from list as EdgeProp raida said the ministry plans to demic, Pavilion KL is expecting new the RM180.38 million a year ago News. Or scan build homes only for rental and brands to open in its mall. due to the sharp decline in the per- this QR code. may give exemptions to the poor “We are expecting the opening of formance of its hotel and retail so that they can continue to rent several more outlets in the coming segments following the implemen- 2. Send us a WhatsApp with "NEWS" and your full these homes until their (financial) months, including Dadi Cinema, tation of the Movement Control name in the message. situation stabilises. Chloe, Bath & Body Works, Steve Order (MCO). EP 3 FRIDAY AUGUST 7, 2020 Malaysia Virtual Property Expo 2020 VPEX.EdgeProp.my 7 Aug – 20 Sept 2020 FONT TYPE: Segoe UI Bold Segoe UI Italic WIN Join us on EdgeProp Malaysia’s Facebook for WEEKLY Live PRIZES a LIVE! Presentation worth over 20 Aug SIME DARBY PROPERTY BHD 3.00–3.30pm Meet Your Perfect Family Home — RM10,000! Ilham Residences at City of Elmina 27 Aug AsiAN PAC HOLDINGS BHD 4.30–5.00pm Up and Rising in Damansara Damai 28 Aug ECO WORLD DEVELOPMENT GROUP BHD 3.00–3.30pm Instantly Yours with Eco Grandeur Organiser: Prize sponsor: EP 4 FRIDAY AUGUST 7, 2020 Braving the new norm with 24/7 healthy indoor air for homes and businesses alaysians are now under the Recovery Movement Control Order (RMCO) where Covid- 19-related restrictions have been relaxed AIRBORNE ADHERED nationwide.
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