Why you should not take your management corporation lightly
Recent news of service and maintenance fee defaulters having their belongings seized or auctioned off should be a wake-up call to stubborn defaulters.
Forest City won’t suffer from low occupancies in long term
PETALING JAYA (Oct 5): Forest City in Johor will not suffer from low occupancy in the long term, owing to the incoming high-speed rail and the job opportunities being created within the region, said Country Garden Pacificview Sdn Bhd president and chief strategy officer Dr Yu Runze.
Jaks Resources disposes of industrial land for RM25.87m
KUALA LUMPUR (Oct 3): Jaks Resources Bhd is disposing of a plot of freehold industrial land in Subang Jaya for RM25.
Digitising property management
The popularity of on-demand services has resulted in more and more industries entering the fray.
Get approval from property management body for Airbnb tenants, says MC chairman
KUALA LUMPUR (Sept 16): While there is no regulation on short-term tenants such as Airbnb, Endah Promenade management corporation (MC) chairman Siew Yee Hoong advised operators to get approval from their property’s management body.
Developer must hand over accounts within three months after JMB is formed
KUALA LUMPUR (Sept 16): Developers are required to hand over the audited or unaudited financial accounts (service charges and sinking fund) within three months after the joint management body (JMB) is formed.
Never leave your strata title in third party's hands, says lawyer
KUALA LUMPUR (Sept 16): Getting their property’s strata title might incur extra cost for owners, but a legal practitioner has advocated that property buyers not to wait too long to secure their strata title.
DBKL urges MC and JMB to seek other legal ways to catch stubborn fee dodgers
KUALA LUMPUR (Sept 16): The Kuala Lumpur City Hall (DBKL) Commissioner of Buildings (COB) has called for the management corporation (MC) and joint management body (JMB) to opt for other legal ways to address stubborn owners who refuse to pay their monthly service charges as it is more effective than the current option of confiscating their assets.
Owners may seek help from liquidators to apply for strata title
KUALA LUMPUR (Sept 16): Unfortunate high-rise residential property owners who can't form their management corporation and joint management body due to developer bankruptcy may contact the liquidator to help them apply for strata titles.
Don’t take strata by-laws lightly, urges prop management firm head
KUALA LUMPUR (Sept 16): Burgess Rawson Malaysia managing director Wong Kok Soo has urged owners and tenants of stratified development not to take the strata by-laws lightly as they may be breaking the law by doing so.
