News About JMB
PETALING JAYA (Jan 25): Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) has asserted that the Joint Management Body (JMB) of Villa Sri Melati — a block of flats at Rifle Range, Penang — is responsible for fixing a leak in the main underground pipe that had swelled the water bill to a whopping RM268,258.25,
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.
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.
PETALING JAYA (Nov 21): Property developers handing over their debts and liabilities mainly in the form of water and electricity arrears to joint management bodies (JMBs) will evidently jeopardise proper maintenance by the JMBs, said the Malaysian Institute of Professional Property Managers (MIPPM).
Once you buy a strata property, the value of your property is unwittingly bound to the overall management of the whole development. Naturally, a building that enjoys a high level of security, looks aesthetically pleasing and has minimal disruptions to daily living will enjoy a higher capital appreciation.
This is Part 2 of the Q&A with speakers following TheEdgeProperty.com Symposium on Property Management 2017 on April 8. Part 2 features only questions directed at Chris Tan, managing partner of Chur Associates who received the most number of questions. Please note that the replies reflect the personal views of the speaker and do not constitute legal advice.