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News About BOVAEP

BOVAEP should work with KPKT, COB to protect JMBs, MCs

By Shawn Ng Jan 15

PETALING JAYA (Jan 15): The Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) should work with the Ministry of Urban Wellbeing, Housing and Local Government (KPKT) and commissioner of buildings (COB) to ensure that Joint Management Bodies (JMBs) and Management Committees (MCs) are protected from unscrupulous property managers, said Henry Butcher Malaysia (Mont’Kiara) Sdn Bhd executive director Low Hon Keong.

Overlaps in jurisdictions need to be addressed for property management

By Shawn Ng & Natalie Khoo Jan 15

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.

Property managers registry gives sector recognition

By Lum Ka Kay and Natalie Khoo Jan 15

PETALING JAYA (Jan 12): The newly set-up property managers registry by the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) offers the industry a “light at the end of the tunnel” as they will now be recognised and regulated by a government body, said SCM Property Services Sdn Bhd property and facilities management general Paul Richard.

Clarity needed on property manager regulations, says lawyer

By Lum Ka Kay Jan 15

PETALING JAYA (Jan 12): There needs to be clarification on certain issues arising from the new property managers regulations under the recently-amended Valuers, Appraisers, Estate Agents and Property Managers Act 1981, said lawyer Chris Tan.