Pavillon buys JB commercial complex for S$16.7m
SINGAPORE (Sept 18): Pavillon Holdings is acquiring units in a commercial complex and land in JB for investment purposes.
Digitising property management
The popularity of on-demand services has resulted in more and more industries entering the fray.
Buyers queue up a day ahead for phase 2 of Andira Park
PUCHONG (Sept 16): TAHPS Group Bhd's latest launch, phase 2 of Andira Park at Bukit Puchong, has received an overwhelming response on the first day of launch as buyers had queued up at the sales gallery from as early as 6.
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.
Selangor’s best-performing high-end houses in 2016
Data released by the National Property Information Centre (Napic) in the Property Market Report 2016 showed that landed homes with transacted prices of more than RM1 million in 15 areas in Selangor recorded double-digit growth in 2016! The top 10 locations where values of their multi-million-ringgit homes have risen by a whopping 10.
