[Property] What is the Covid-19 Act? How does this act affect the property sector and homebuyers?

The Temporary Measures for Reducing the Impact of Coronavirus Diseases 2019 (Covid-19) Act, which was gazetted on 23 October 2020, has offered some solutions to the property industry stakeholders and property buyers.

The said act was approved by the Dewan Rakyat and Dewan Negara on Aug 25 and Sept 22 respectively.

Here is a Summary of the Measures:

RM3,000 is back - Geran Khas PRIHATIN (GKP) 2.0

After the first version of "Geran Khas PRIHATIN (GKP)" to all micro SMEs in April 2020, the Government in Sept 2020 has allocated an additional of RM10 billion Prihatin Supplementary Initiative Package (Kita Prihatin) in line with its efforts to boost economic recovery.

And, under this latest package, a total of RM600 million was allocated for Prihatin Special Grant (GKP) 2.0.

What is the definition of micro SME?

How to apply?

When is the payment?

[IPO] MR.D.I.Y - Ten key points in knowing your Mr. Right?

MR.D.I.Y which opened its first store along Jalan Tuanku Abdul Rahman in July 2005 and has now grown to become the largest home improvement retailer in the region with stores across Malaysia.

Nowadays, the company already become the preferred place to go for almost everything. (My kids like to go there to buy toys)

With ten categories — Hardware, Household, Electrical, Furnishing, Car Accessories, Stationery & Sports, Toys, Gifts, Computer & Mobile Accessories and Jewellery & Cosmetics — in each store, MR.DIY offers a wide selection of more than 16,600 types of products. Along major highways, you can't take your eyes off the billboard highlighting the company's motto of “ALWAYS LOW PRICES”.

Here you go the TEN key points: