JMBs will need to comply with flat rate maintenance fee ruling

PETALING JAYA (May 21): In light of the Federal Court's decision today to dismiss an application to appeal a Court of Appeal (COA) ruling on flat rate maintenance charge for mixed strata developments, the Malaysia Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin has advised Joint Management Bodies (JMBs) of such developments that are charging different maintenance rates for different parcels, to comply with the ruling.

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Consider tax rebates for SMEs including property management companies

PETALING JAYA (March 26): The government should consider giving tax waivers or rebates especially on Sales and Services Tax (SST) and corporate tax for small and medium sized businesses or SMEs as they will be among the hardest hit by the Movement Control Order (MCO) which is now extended a further two weeks to April 14, 2020 to stem the spread of the COVID-19 outbreak in Malaysia.

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KPKT to meet industry stakeholders to discuss flat rate maintenance fee issue

  KUALA LUMPUR (Nov 21): A focus group meeting will be held on Monday (Nov 25) between the Ministry of Housing and Local Government (KPKT) and industry stakeholders including the Malaysian Institute of Property & Facility Managers (MIPFM), the National House Buyers Association (HBA) and representatives from management bodies of strata property to come up with an equitable solution to the issue pertaining to flat rate maintenance charges in mixed developments, said Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin.

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‘Focus on intangible aspects to enhance building value’

  KUALA LUMPUR (Nov 21): While the tangible aspects of a building can enhance a property's value, it is the intangible aspects that will make a building stand out from its peers and thus yield better value, said Singapore Association of Property and Facility Managers president Dr Lim Lan Yuan.

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EdgeProp Study Tour: An opportunity to gain ideas and network

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.

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