The Real Estate and Housing Developers’ Association (REHDA) Selangor has warned against the imposition of a full-scale lockdown of economic activities, saying it could lead to “serious revenue and financial losses” as it disrupts all industries as well as the livelihoods of many.
With this, REHDA supports the stringent enforcement of standard operating procedures (SOPs), in which businesses are allowed to remain open, since such measure ensures that certain sectors like property and its adjacent industries remain on track to recovery, reported The Edge Markets.
“Industries like the real estate, constructions, manufacturing, and other service sectors are on the path to recovery and therefore the momentum should be maintained. However, we welcome some businesses which opted for self-imposed shutdown,” said REHDA Selangor Chairman Datuk Ho Hon Sang.
“The way forward is to carry out the vaccination programme speedily for the rakyat and this will be effective to bring the pandemic under control,” he added as quoted by The Edge Markets.
Malaysia registered a record high of 6,075 new Covid-19 cases on Wednesday (19 May). Selangor posted 2,251 new cases – the highest of all states and federal territories.
The country also saw a significant increase in the number of fatalities. On Wednesday (19 May), 46 new deaths was recorded, bringing the death toll to 2,040.