PR1MA under transformation to improve business
The business transformation is part of the strategy to ensure that the organisation is better aligned with the government’s national housing agenda, said PR1MA in a statement today.
World's first Hasbro water theme park to be in Melaka
The Hasbro water theme park is part of the first phase of MTC, which also includes a weekend market and an adventure park.
Guard the sinking fund for your building!
The discussion on the sinking fund was raised from the floor when a participant brought up a case where the Joint Management Body (JMB) of a strata property was forced to use its sinking fund to pay for maintenance due to insufficient maintenance fee collections.
Don’t let aesthetics come above safety
“You take your car to service every 10,000km mileage – that is predictive maintenance as you don’t wait until the car breaks down. But sadly, the truth is that we don’t do that to our property and we wait until things break down before we decide to act,”
DONE DEAL: Unit at V Residence Suites, Sunway Velocity, Cheras KL
Rented for: RM2,800 (about RM4.04 psf); Concluded by: Tung Kwee Sia (REN 28306, 012-652 0577) and Felix Wong (REN 13844, 012-328 5852) of PropNex Realty; When: December 2018
Pay your sinking fund and don’t touch it until it’s needed
The fund is meant for major building maintenance works such as malfunctioning lifts, water-proofing, upgrades of fire-fighting equipment and other upgrading works, and failure to pay it could lead to undesirable results for property owners, said accredited architect and trainer Anthony Lee Tee.
Understand the cost of preserving the value of your property
“You need to understand that it is a long-term commitment and you will have all these hidden costs, which you need to deal with,” said accredited architect and trainer Anthony Lee Tee at EdgeProp.my’s Symposium on Excellent Property Management 2019.
Striving for sustainability
“We had a lot of challenges here at Verdi Eco-dominiums including rectifying defects. But we put in a lot of effort to solve them. We are happy that the residents appreciate what we have done and we will be working very closely with them to make this property a success,” says SCM general manager Paul Richard.
