Editor's Pick

Think you can get away with ignoring the Tribunal's awards?

On July 2, 2020, the Subang Jaya Magistrate’s (Municipal) Court convicted and fined a defendant (defaulting strata owner) who failed to comply with an award of the SMT ordering payment of outstanding charges and contribution to sinking fund within 30 days from the date of award. The presiding Magistrate, Barath Manian imposed a fine of RM5,500 on the defendant or in default one (1) month imprisonment. The prosecuting officer was Emyshimy Rizal Nasaruddin.

Floor premiums and what they mean

Although floor premiums are attached to first-hand properties, a random check shows there has been no clear trend of such premiums for similar units sold on the secondary market.

Ignore frivolous features when buying a property

Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee: Most of the time, people tend to buy from the heart. We see parts [of the property] that we want to see, either beautiful landscaping or nice facilities.

Is your home still considered home following Covid-19?

Chur Associates founder and managing partner Chris Tan: As Covid-19 has forced more people to work or do business from home, residential properties have doubled up as commercial space, or even for industrial usage, depending on what you are doing, it could even be a warehouse

AGM minutes can tell a prospective buyer a lot about a stratified property

Chur Associates founder and managing partner Chris Tan: From the minutes, you can see a lot of things about the property's management such as whether there has been a raise in maintenance charges or sinking funds. You can see what were the issues that were brought up, whether there have been problems with the lifts or the swimming pool for instance.