Agile Embassy Garden to transform the skyline of KL's Embassy Row
PETALING JAYA (Ocy 15): Agile Property Development Sdn Bhd will be unveiling its third project in Malaysia, Agile Embassy Garden in Jalan Ampang, Kuala Lumpur soon.
Landmark court decision: Charge according to fixed formula for all in mixed-use property
PETALING JAYA (Oct 14): It is welcomed news for those owning properties in mixed development projects where they have to pay different rates of maintenance or service charges.
PDC to 'step up' monitoring of affordable housing projects: Jagdeep
GEORGE TOWN (Oct 14): The Penang Development Corp (PDC) will “step up” its monitoring of the state’s affordable housing projects “to ensure they are in tip-top condition”, said state local government committee chairman Jagdeep Singh Deo.
Beware of over-enforcement
The move by the Kajang Municipal Council (MPKJ) to authorise the seizure of belongings of strata property maintenance fee defaulters of an apartment project and the subsequent auction of said chattels and movable properties has alerted the public about the severe consequences of failing to settle outstanding charges and contribution pursuant to the Strata Management Act, 2013 (SMA).
Long-term property owners will be paying less for RPGT
PETALING JAYA (Oct 12): The real property gains tax (RPGT) is still part of the Malaysian property market landscape, but Putrajaya has heeded public opinion and making enhancements by revising the base year of calculation.
Only one-third of unlicensed property managers registered with BOVAEP
PETALING JAYA: Almost a year after the end of a window period for those involved in property management to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), only one-third of the unregistered property managers have registered.
Choosing a property manager
To have a well-managed and well-maintained property, one would need to have a team of people to run the day-to-day operations of managing the property to ensure that it is always at its optimum.
Don’t send the wrong message by helping dilapidated strata housing, says BMAM
PETALING JAYA (Oct 11): The government should be very careful in allocating funds to repair and refurbish low- and medium-cost strata housing as it could be sending the wrong message to the owners, warned the Building Managers Association of Malaysia (BMAM).
MIPFM: The real challenge of strata housing maintenance lies in the collection of maintenance charges
PETALING JAYA (Oct 11): While the government’s move to reinstate the maintenance of low and medium cost strata housing is laudable, it is likely that the state of these houses will fall back to square one if the real issue is not tackled, according to the Malaysian Institute of Property and Facility Managers (MIPFM).
Putrajaya raises minimum wage to RM1,200 for urban workers
KUALA LUMPUR (Oct 11): The government has proposed to raise the minimum wage to RM1,200 per month for those in major cities only, effective 2020.
