KPKT to meet industry stakeholders to discuss flat rate maintenance fee issue
KUALA LUMPUR (Nov 21): A focus group meeting will be held on Monday (Nov 25) between the Ministry of Housing and Local Government (KPKT) and industry stakeholders including the Malaysian Institute of Property & Facility Managers (MIPFM), the National House Buyers Association (HBA) and representatives from management bodies of strata property to come up with an equitable solution to the issue pertaining to flat rate maintenance charges in mixed developments, said Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin.
‘Focus on intangible aspects to enhance building value’
KUALA LUMPUR (Nov 21): While the tangible aspects of a building can enhance a property's value, it is the intangible aspects that will make a building stand out from its peers and thus yield better value, said Singapore Association of Property and Facility Managers president Dr Lim Lan Yuan.
MIPFM: Get ready for influx of foreign investors next year
KUALA LUMPUR (Nov 21): Malaysia is expected to be on the radar of foreign investors who are seeking a stable market to invest and to operate from, said Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin.
'Hasten review of Strata Management Act 2013'
PETALING JAYA (Nov 14): The fast growing strata-titled property development trend in the country has highlighted the urgent need to effectively deal with issues and challenges arising from the evolution of strata-titled property ownership, strata-living as well as its upkeep and maintenance.
KPKT: More time, more study needed before SMA amendment
PETALING JAYA (Nov 14): There are a number of proposed amendments to the Strata Management Act 2013 (SMA) but “each proposed amendment needs more clarification and detailed study before they can be considered by the government”, said the Housing and Local Government Ministry (KPKT).
Amendment to Strata Management Act: Why so slow?
PETALING JAYA (Nov 14): One reason for the long process of getting the Strata Management Act 2013 amended is because it involves multiple ministries and government agencies.
No one formula fits all in maintenance charges calculation
PETALING JAYA (Nov 14): In a mixed strata development, the issue of maintenance fee calculation is always the most controversial as there’s no one size fits all solution.
PHOTO GALLERY: EdgeProp.my Fireside Chat on Strata Management Act 2013 review: When?
PETALING JAYA (Nov 14): Some 200 participants, consisting of property developers and property managers, turned up early on a Thursday morning to listen to what key industry stakeholders have to say on a review of the Strata Management Act 2013.
Participants: Fireside Chat was insightful and timely
PETALING JAYA (Nov 14): Developers and property managers who participated in the EdgeProp.