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.
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.
PETALING JAYA (Nov 4): Key industry stakeholders have raised concerns over the high rates resulting from the introduction of parcel quit rent for stratified properties.
PETALING JAYA (Oct 24): The Court of Appeal’s ruling to disallow Joint Management Bodies (JMBs) to charge different rates of service fees for different components within mixed-use developments is based on a strict interpretation of the Strata Management Act 2013 (SMA) and the Strata Management (Maintenance and Management) Regulations 2015, said Building Management Association of Malaysia (BMAM) and the Malaysia Shopping Malls Association (PPK).
It was a study tour to remember for the 15 chieftains of prominent property development companies in Malaysia as well as members of EdgeProp Malaysia’s Best Managed Property Awards judging panel which included heads of professional bodies such as the Real Estate and Housing Developers’ Association, the Malaysian Institute of Property and Facility Managers and the Building Management Association of Malaysia.
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).
PETALING JAYA (Jan 12): There are significant overlaps in jurisdictions between the Ministry of Urban Wellbeing, Housing and Local Government (KPKT) and the Ministry of Finance (MoF) over the regulation of property management that need to be resolved, said industry associations.